AFSA seeks clarity from IRS associated with proposed EV tax-credit rule changes
Monday, Mar. 24, 2025, 02:04 PM
Auto Fin Journal Staff
Evidently, lessors navigating through the complexities of federal tax credits when leasing electric vehicles is not as simple as it is to plug in the EV to recharge it. So, the American Financial Services sent a letter to the IRS ... [Read More]
COMMENTARY: A technology-driven approach puts the brakes on auto-lending fraud
Monday, Mar. 24, 2025, 11:08 AM
Brendan Deakin, Provenir
As auto-lending fraud becomes an increasingly sophisticated and prevalent threat, auto lenders must act decisively to protect their businesses. By embracing advanced technology, including AI-driven analytics, real-time decisioning, and continuous monitoring, lenders can stay one step ahead of fraudsters, ensuring ... [Read More]
Solutions by Text among winners of 2025 FinTech Breakthrough Awards
Wednesday, Mar. 19, 2025, 12:09 PM
Auto Fin Journal Staff
Solutions by Text (SBT) was recently named winner of the Best Payment Facilitator Solution as part of the 2025 FinTech Breakthrough Awards. SBT was recognized for its FinText text and payments platform, providing a cutting-edge solution for the consumer finance ... [Read More]
Chase Auto picks president of private label captive finance
Wednesday, Mar. 19, 2025, 12:05 PM
Auto Fin Journal Staff
Chase Auto on Tuesday named John Thacker as president of private label captive finance. In his role, Chase said Thacker will work with its private label captive finance partners including Subaru, Jaguar Land Rover, Rivian, Maserati, Aston Martin and McLaren. ... [Read More]
TransUnion sees elevated risk for tax fraud this filing season
Monday, Mar. 17, 2025, 10:35 AM
Auto Fin Journal Staff
Tax season is in full swing, with consumers having about a month remaining to file their federal and state returns. And according to a TransUnion analysis, tax refund theft is an annual concern, with this year including an elevated risk. ... [Read More]
NETSOL rolls out Transcend AI Labs to build solutions for retail and finance industries
Monday, Mar. 17, 2025, 10:23 AM
Auto Fin Journal Staff
NETSOL Technologies last week announced the launch of Transcend AI Labs that’s designed to empower automotive and equipment OEMs, dealerships and financiers with artificial intelligence-driven innovation, automation and consulting services for a competitive edge. Transcend AI Labs is focused on ... [Read More]
Experian highlights 15 years of developments from Innovation Lab
Wednesday, Mar. 12, 2025, 12:16 PM
Auto Fin Journal Staff
Experian is celebrating the 15th anniversary of its Innovation Lab in North America, a cornerstone of the company’s long-time commitment to innovation around data and technology. Over the past decade and a half, Experian highlighted the lab has helped drive ... [Read More]
Point Predictive lands 2 dealer groups as clients using BorrowerCheck
Wednesday, Mar. 12, 2025, 12:15 PM
Auto Fin Journal Staff
Point Predictive is gaining significant fraud-prevention traction among dealership groups, too. The provider of artificial intelligence solutions for consumer lending announced a pair of dealership groups have implemented BorrowerCheck across their dealerships to enhance their fraud prevention and strengthen lender ... [Read More]
4 companies honored as inaugural recipients of Automotive Intelligence Awards
Wednesday, Mar. 12, 2025, 12:15 PM
Auto Fin Journal Staff
As part of the inaugural Automotive Intelligence Awards, Cherokee Media Group is honoring a select group of Emerging Companies that improve a specific aspect of the automotive industry through technology. Industry leaders see these four honorees as being on the ... [Read More]
CULA signs one of the largest credit unions in Indiana
Monday, Mar. 10, 2025, 10:28 AM
Auto Fin Journal Staff
Credit Union Leasing of America (CULA) announced on Monday that it has been selected by FORUM Credit Union to bring the benefits of vehicle leasing to FORUM’S more than 160,000 credit union members across 15 branches in Indiana. This partnership ... [Read More]
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