Along with expanding its reconditioning capabilities, Carvana is also delving deeper within the financing side of its business as an online used-vehicle retailer. On Tuesday, Carvana announced that it priced its first auto loan securitization, successfully adding a new, large ... [Read More]

For the second time this quarter, two major participants in the financial services and payments spaces made moves to merge. In January, Fiserv and First Data Corp., announced that their boards of directors unanimously approved a definitive merger agreement. Then ... [Read More]

Market Scan co-founder and president Rusty West took some time to process the intense activity surrounding NADA Show 2019 this past January in San Francisco. Surrounding the annual event, the automotive financing and leasing software and data provider finalized a ... [Read More]

Ken Kertz summed up FICO’s 2019 U.S. Consumer Survey of Vehicle Finance Perceptions with a point relevant whether a finance company only has a footprint in a couple of states or builds its portfolio from originations nationwide. “The takeaway for ... [Read More]

Looking at the automotive industry from a global perspective, Moody’s Investors Service didn’t paint the most upbeat scene this week, especially for the U.S. market and vehicle financing. Analysts said in a new report released this week that the outlook ... [Read More]

Alex Maritczak recently returned to North Carolina and joined Nick for a conversation about how auto finance companies and technology developers are collaborating on new solutions. The global auto finance leader at Ernst & Young who also led panel discussions ... [Read More]

S&P Global Ratings has questions you might have, too. What is blockchain? And why does it elicit feelings of excitement and confusion simultaneously within the structured finance market? Analysts looked to answers those questions and more and arrived at more ... [Read More]

In an effort to bring together vehicle shoppers, dealerships and finance companies, truPayments announced that it has become a participant in the CDK Global Partner Program. As a member of one of the largest third-party partner programs in the industry, ... [Read More]

For registered investment advisers (RIA) and other finance industry leaders who seek knowledge about blockchain and more, Ric Edelman is organizing a new organization. Edelman, who was named the nation’s No. 1 independent financial adviser three times by Barron’s, recently ... [Read More]

With credit unions collectively having an immense piece of the auto finance market, institutions are looking to retain that share and even gather a bit more by leveraging technology. CU Direct chief revenue officer Phil DuPree joined Nick for this ... [Read More]