DigniFi, a fintech company specializing in access to automobile repair financing, on Tuesday announced the appointment of Andrew Hill as chief credit risk officer. Hill brings over 15 years of consumer lending and artificial intelligence-driven underwriting expertise, having previously led ... [Read More]

Volvo Car Financial Services U.S. is now in the business of more than just booking retail installment sales contracts and vehicle leases. On Wednesday, the captive announced the launch of Volvo Car Insurance Services, the company’s first-ever independent insurance agency ... [Read More]

Experian North America chief innovation officer Kathleen Peters made her first appearance on the Auto Remarketing Podcast. Peters recapped highlights of Experian’s 2025 U.S. Identity and Fraud Report and why service providers remain focused on curbing fraud that continues to ... [Read More]

Algebrik AI continued to forge relationships with fellow technology firms involved with auto financing, as this week the company announced a relationship with Open Lending Corp. The newest collaboration aims to strengthen auto loan decisioning capabilities within Algebrik’s cloud-native, AI-powered ... [Read More]

The activity of consumers shopping for auto insurance has been just as intense as individuals’ efforts to find their next vehicle or affordable financing. According to new TransUnion research released this week, auto insurance shopping during the second quarter increased ... [Read More]

With today’s “always connected” digital economy, identity is currency. For the automotive industry — spanning rentals, dealerships, insurance providers, and financing institutions — that currency is increasingly being challenged. The numbers are staggering, with U.S. auto lenders facing an estimated ... [Read More]

TransUnion recently discussed significant opportunities percolating for auto refinancing, potentially involving 18 million individuals. Caribou got even more specific about the topic, saying lenders appear to be doubling down on electric vehicle owners by offering them greater monthly savings through ... [Read More]

While some troubling findings surfaced, too, the Q2 2025 Paths to Prosperity report from Santander Holdings USA contains some upbeat information for dealerships and auto-finance providers. According to the bank’s research, 55% of middle-income Americans are considering buying a vehicle, ... [Read More]

Artificial intelligence appears to be one of the sharpest instruments in a company toolbox to defend themselves and repair damage created by fraud. But apprehension from both companies and consumers about the deployment of AI remains. Experian recently released its ... [Read More]

Dealerships and their network of auto-finance providers are still contending with a huge wave of negative equity connected with consumers wanting a new vehicle. According to new data from the second quarter generated by Edmunds, more than one in four ... [Read More]