Volta certainly recharged its finances to begin 2021. The Emerging 8 honoree previously highlighted in Auto Fin Journal and developer of commerce-centric electric vehicle charging networks announced an oversubscribed Series D financing of $125 million. Volta said this week that Goldman ... [Read More]

On Tuesday, Walser Automotive Group, in partnership with PICO Venture Partners, announced the launch of a cloud-based predictive finance management system fueled by artificial intelligence that’s designed to cut the delivery process down from an average of three hours to ... [Read More]

While other segments of the economy are struggling, Equifax highlighted that vehicle sales showed strength at the end of 2020 in spite of the economic impacts of the COVID-19 pandemic. And Equifax is trying to help make sure the industry ... [Read More]

MUSA Auto Finance now is fueled with technology provided by defi SOLUTIONS. This week, MUSA Auto Finance announced its partnership with defi SOLUTIONS to handle the day-to-day servicing of the company’s entire lease portfolio. MUSA said in a news release ... [Read More]

Fair secured a significant new path this week to grow its used-vehicle leasing business, announcing that the platform now will be offered through LendingTree, one of the largest online lending marketplaces. Through the partnership that Fair called a “true watershed ... [Read More]

Consumers who want an electric vehicle from Rivian will have a digital path to finance it. This week, Rivian announced that it selected Chase as its private-label partner to provide customers with what the manufacturer is calling a “truly digital-first ... [Read More]

Wells Fargo is looking to reinforce its commitment to consumers. On Tuesday, the bank launched a new enterprise-wide, consumer-focused advisory group, the Office of Consumer Practices (OCP). Wells Fargo explained the OCP will be part of the chief operating office ... [Read More]

Dealerships that use Auto/Mate and Dealertrack now might have a smoother workday when putting deals together for potential buyers. On Monday, the companies announced a new integration that connects Auto/Mate’s dealership management system (DMS) to Dealertrack’s digital contracting. The DealerSocket ... [Read More]

Based on cash it generated during the past year, Equifax reinforced its fraud-prevention toolbox by signing a definitive agreement to acquire Kount, a provider of artificial intelligence-driven fraud prevention and digital identity solutions. According to a news release distributed on ... [Read More]

It’s already been a tumultuous beginning to 2021, and Experian doesn’t expect it to settle much on the fraud front. With the growing threat of fraud fueled by the digital acceleration that took place in 2020, Experian on Monday released ... [Read More]