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Top 3 trends highlighted in Experian’s annual Identity and Fraud Report
Wednesday, Sep. 4, 2024, 12:11 PM
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Survey: Americans want more transparency about AI usage
Wednesday, Aug. 28, 2024, 12:39 PM
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Sunbit on track for more BNPL financing growth at dealerships with myKaarma integration
Wednesday, Aug. 28, 2024, 12:41 PM
FICO chief analytics officer collects 100th software patent application
Monday, Aug. 12, 2019, 04:00 PM
Auto Fin Journal Staff
FICO chief analytics officer Scott Zoldi recently reached the century mark, achieving another data-science career milestone with his 100th software patent application. Zoldi has been an inventor on 100 patent applications for machine learning and AI software technologies and techniques. ... [Read More]
Early details of FedNow Service for ‘near-instantaneous’ fund transfers
Wednesday, Aug. 7, 2019, 03:59 PM
Auto Fin Journal Staff
One of the most important parts of the entire auto-finance process is collecting payments. And the Federal Reserve is looking to help with that crucial process. The Federal Reserve Board on Monday announced that the Federal Reserve Banks will develop ... [Read More]
With nearly 80% of execs wanting AI in auto-financing platform, 7 steps to build software
Wednesday, Aug. 7, 2019, 03:57 PM
Auto Fin Journal Staff
As an evaluation firm articulated the top seven steps to follow within a software development life cycle, a provider of cloud-based software solutions for all financial institutions announced the results of its latest survey focused on the need for artificial ... [Read More]
UK’s Secure Trust Bank leverages White Clarke Group’s wholesale finance solution
Wednesday, Aug. 7, 2019, 03:55 PM
Auto Fin Journal Staff
Following the initial workshops nine months ago, White Clarke Group recently delivered its CALMS wholesale finance solution to V12 Vehicle Finance, the automotive financial services arm of Secure Trust Bank, an established, well‐funded and capitalized retail bank in the U.K. ... [Read More]
FDIC chair reiterates 3 reasons for creation of fintech office
Monday, Aug. 5, 2019, 04:17 PM
Auto Fin Journal Staff
FDIC chairman Jelena McWilliams reiterated three reasons why the regulator is looking to engage and collaborate with innovators in the financial and nonfinancial sectors to identify, develop and promote technology-driven solutions. During a speech to The Financial Conduct Authority’s 2019 Global ... [Read More]
KPMG sees US fintech investment intensifying as 2019 continues
Wednesday, Jul. 31, 2019, 04:39 PM
Auto Fin Journal Staff
KPMG discovered overall fintech investment in the U.S. remained strong during the first half of 2019 but dipped a bit following a record year in deal volume and value. But prospects for a robust second half of the year are ... [Read More]
Moody’s Analytics acquires RiskFirst
Monday, Jul. 29, 2019, 02:39 PM
Auto Fin Journal Staff
Moody’s Corp. boosted its analytical horsepower last week with an outside acquisition. Moody’s announced that it has acquired RiskFirst, a leading fintech company providing risk analytics solutions for the asset management and pension fund communities. A news release indicated the acquisition ... [Read More]
Equifax data breach settlement approaches $700M
Monday, Jul. 22, 2019, 03:20 PM
Auto Fin Journal Staff
Perhaps now Equifax, along with federal and state regulators, can close the chapter of the company’s history that included the 2017 data breach. On Monday, the credit bureau announced a comprehensive $671 million resolution that includes settlement agreements that would ... [Read More]
Equifax lifts Auto Intel Council to 7 members
Wednesday, Jul. 17, 2019, 04:14 PM
Auto Fin Journal Staff
The Auto Intel Council (AIC) now has seven members. Joining the collection of leading companies and experts in the auto fintech space is Equifax. The AIC also includes Digital Recognition Network (DRN), IBM, KAR Auction Services, Maryann Keller & ... [Read More]
Survey reiterates disconnect between data trust and data quality
Wednesday, Jul. 17, 2019, 04:11 PM
Auto Fin Journal Staff
Syncsort recently conducted a survey to explore data quality and organizations’ confidence in data across their enterprise. Though most respondents rated their organization’s data quality either as good (38%) or very good (27%), the software company’s survey revealed a disconnect ... [Read More]