Carvana already boasted a strong relationship with Ally Financial to help the e-commerce platform for buying and selling used vehicles. And on Wednesday, Carvana confirmed it now has a connection with Bank of America, too. According to a news release, ... [Read More]

Financial executives appear to have notable apprehension about delving into deep use of fintech firms and their developing technology. Treasury and finance professionals believe that strategic, cybersecurity and financial risks will remain the top areas of concern for the next ... [Read More]

Vinli landed new funding this week that executives say will enable the company to broaden its mobility services and integrations to customers worldwide. The connected car and data intelligence platform provider announced on Tuesday it has closed $13.5 million in ... [Read More]

With blockchain gaining more momentum, academia is responding to ensure the industry has trained workers who can flourish in that particular space. This week, the Institute for Innovation and Entrepreneurship at The University of Texas at Dallas announced a new ... [Read More]

Whether a consumer is buying a personal care item costing just a few bucks or financing a vehicle purchase involving thousands of dollars, Experian insisted that digital commerce has changed the way consumers interact with businesses. Experts see how commerce ... [Read More]

Since blockchain is establishing its presence in the automotive sector, strategy and marketing consultancy Simon-Kucher & Partners projected after dissecting recent study findings that the revenue potential for this technology could ramp up to be nearly $120 billion by 2030. ... [Read More]

RouteOne said on Thursday that one of its longest-tenured executives — chief operating officer Brad Rogers — announced his resignation to take leadership of an organization in an adjacent industry. And it appears it’s going to take five other RouteOne ... [Read More]

Artificial intelligence appears to be generating some real revenue in the automotive space. Coinciding with a major update to its flagship platform, AI-driven marketing automation platform Outsell also announced strong 2018 financial results, with direct revenue up 45 percent over ... [Read More]

With the vehicle-financing process in constant evolution, the demand for dealerships and finance companies to handle consumer concerns is growing, too. A new commissioned study conducted by Jabian Consulting on behalf of Equifax confirmed that dealers and finance companies alike ... [Read More]

The finance industry is responding to the need for consumer protection for owners of vehicles fueled by battery power. AmTrust Financial Services, a leading specialty commercial property and casualty insurer, together with Endurance Dealer Services, a provider of extended vehicle ... [Read More]