Development of the California Consumer Privacy Act (CCPA) took another crucial step last week. California attorney general Xavier Becerra released proposed regulations under the CCPA that was signed into law last June. Officials say the law provides consumers with “groundbreaking” ... [Read More]

Fair made two significant moves in September, securing a $500 million revolving credit facility to help “sharply scale” its partnership with Uber along with buying Ford Motor Credit’s Canvas vehicle subscription service. And now Fair is turning its attention back ... [Read More]

Last month, Carvana expanded its footprint throughout the Southeast, making vehicle deliveries more available in places such as Florida and Tennessee as well as unveiling plans for a reconditioning center in North Carolina. Carvana also recently boosted its financing horsepower ... [Read More]

Continuing Cherokee Media Group’s series of award programs that honor the most dedicated and talented professionals from throughout the used-car industry, we proudly showcase our latest group: Women in Auto Finance, presented by American Recovery Service. These executives specialize in ... [Read More]

Automakers have their captive finance companies as a preferred option to facilitate leases and retail installment contracts. And at least one online vehicle retailer is trying to create a similar scenario. On Tuesday, Vroom announced a preferred lending and strategic ... [Read More]

Every car shopper’s path to purchase is different; though there are some decisions that are universal. Car buyers need to make decisions on make and model, technology, new or used, loan or lease, and the list goes on. And oftentimes, ... [Read More]

Credit union members in one of Ohio’s largest cities now can take advantage of what truPayments is geared to deliver. The financial technology company announced on Tuesday that it has teamed up with Kemba Credit Union to offer its members ... [Read More]

It has been a busy September for Fair. Less than a week after announcing it was buying Ford Motor Credit’s Canvas vehicle subscription service, Fair said Tuesday it has secured a $500 million revolving credit facility to help “sharply scale” ... [Read More]

As fintech developments germinate from outside firms, a new report from Accenture showed how much these new solutions could impact banks. Accenture said as much as 15% of banks’ global payments revenue, or $280 billion, is likely to be displaced ... [Read More]

One of the honorees among this year’s Emerging 8 appearing at this summer's Automotive Intelligence Summit now is operating under a new brand name. On-demand auto leasing startup Rodo, previously known as Honcker, recently exited beta with a major update ... [Read More]