Toyota has had a captive finance company for some time. Now the automaker is officially in the car insurance business, too. Last week, Toyota Insurance Management Solutions established its first branded product, Toyota Auto Insurance, which is designed to offer ... [Read More]

CDK Global recently pinpointed the impact artificial intelligence (AI) is having on dealerships. According to a study by the retail technology company, approximately 68% of dealerships believe adoption of AI has had a positive impact on their businesses, stemming from ... [Read More]

Truist Financial, through its Dealer Finance and Regional Acceptance business groups, announced a partnership with AutoFi. Under the agreement announced on Wednesday, financing options will be available to clients who are shopping for a vehicle through a dealer that partners ... [Read More]

The week, Constant, a provider of digitized, self-service technologies for collections and other back-end activities at credit unions and finance companies, announced the appointment of Sunil Panikkath as its new chief technology officer. Constant said that Panikkath will oversee all ... [Read More]

TransUnion announced that it has completed the $638 million acquisition of Sontiq, a leader in digital identity protection and security. TransUnion highlighted that Sontiq provides solutions including identity monitoring, restoration, and response products and services to empower consumers and businesses ... [Read More]

A recent study commissioned by RiskScreen, a provider of onboarding, screening and in-life monitoring technology, found two-thirds of compliance professionals at banks rely on manual processes for performing know-your-customer checks. Despite 70% of respondents agreeing that the pandemic has accelerated ... [Read More]

Alfa, creator of the asset finance software platform Alfa Systems, has announced a successful project completion with PEAC Finance. Completed in July, the project delivered an Alfa Systems upgrade alongside the implementation of new business for the Barclays Asset Finance ... [Read More]

The Clearing House (TCH) released its 2021 Consumer Survey: Data Privacy and Financial App Usage that shows consumers who are using digital banking and fintech apps on a regular basis to manage their finances want greater disclosure and control over ... [Read More]

J.D. Power pointed out that potential buyers’ ability to secure financing is even more crucial nowadays in an automotive market beset by supply shortages and record high prices. Firm experts said more vehicle shoppers than ever have started to look ... [Read More]

Lightico growth trajectory continued on Wednesday. About a week after landing a relationship with PayNearMe, the next-generation digital completion platform that supports millions of insurance, automotive, telecom and financial services interactions welcomed Jeff Dobo as its senior vice president of ... [Read More]