Experian sees the productivity enjoyed by OneMain Financial as an example of what the Experian Ascend Technology Platform can do for auto finance companies and other firms involved in financial services. Experian said that today’s successful businesses rely on the ... [Read More]

Automotive lenders, dealers and technology companies not only look at the industry different today, but they also look at customers different. Today, they want to find ways for the customer to be even more educated than they were in the ... [Read More]

Auto refinance startup MotoRefi announced $4.7 million in seed funding on Tuesday, with funding led by seed-led venture capital firm Accomplice. QED Investors and Motley Fool Ventures also participated in the funding. MotoRefi is a digital platform designed to connect ... [Read More]

To increase velocity for deploying predictive models, FICO and Equifax are introducing the Data Decisions Cloud. And a trio of other related solutions from the companies’ collaborative efforts is on track to be released later this year. According to a ... [Read More]

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]