Before 2025 closed, Informed.IQ announced a $63 million growth equity investment from Invictus Growth Partners to help fuel its technology designed to reduce fraud in auto lending and other parts of financial services. Informed.IQ said the investment from Invictus arrived ... [Read More]

Automakers are certainly integrating sophisticated performance and safety technologies into vehicles. But the technology fueling their captive finance companies isn’t quite to that level, according to the J.D. Power 2025 U.S. Automotive Finance Digital Experience Study. Researchers found that automotive ... [Read More]

Exotic vehicles are often engineered to drive fast. LLP Exotic Auto Finance is collaborating with ACI Worldwide to bring the same speed to vehicle leasing for bill payments and more. On Tuesday, the leasing company specializing in top-of-the-line luxury and ... [Read More]

TransUnion reinforced one of its client tools on Tuesday to help reduce fraud. The company introduced what it called “a major advancement” to Device Risk, delivering “next-level capabilities that redefine how businesses combat fraud.” Key enhancements to Device Risk include: ... [Read More]

This week, Flexcar, a month-to-month car lease company, announced a partnership with Carrington Labs, a leading provider of credit risk analytics and cash flow underwriting models. Through this partnership, Flexcar said it will strengthen its credit risk capabilities and enhance ... [Read More]

A portion of this spring’s Used Car Industry Summit will focus on how the remarketing and retailing of used electric vehicles will be important for auctions, consignors and dealers to handle. More evidence as to why Cherokee Media Group is ... [Read More]

Along with a move involving a lender in Australia, SBS and Vero Technologies expanded their collaborative efforts in floorplan financing this week to forge a new partnership with Auto Use, a U.S.-based provider of commercial auto financing solutions. With more ... [Read More]

Here’s a deal bringing together artificial intelligence, predictive credit analytics, blockchain infrastructure and investment funding with the goal of boosting performance in auto finance. On Wednesday, ETHZilla Corp., a technology company bringing decentralized finance infrastructure to traditional finance, announced the ... [Read More]

One of this year’s Emerging Companies honored by Cherokee Media Group’s Automotive Intelligence Awards announced a new round of funding Tuesday to support its rapid growth as well as a new CEO to lead the way. The automotive artificial intelligence ... [Read More]

Four years ago, Car IQ raised $15 million in Series B funding to further develop a payment solution specifically for fleet vehicles to make tracking easier for fleet managers and spending simpler for drivers when they’re behind the wheel. On ... [Read More]