The Financial Data Exchange (FDX) is closing the year with its latest release that includes a myriad of technical standards and updates to the existing specification that have now been launched into the financial services marketplace. “FDX’s fall release is ... [Read More]

FICO learned of two upbeat developments this week. First, FICO was named a leader by Forrester Research because the firm “leaves no decisioning stone unturned.” Then, FICO said it received official notification from the U.S. Department of Justice, Antitrust Division, ... [Read More]

Volta, one of this year’s Emerging 8 honorees, welcomed a new chief revenue officer to its executive leadership team on Monday. Joining the company focused on commerce-centric electric vehicle charging networks is Brandt Hastings, who brings nearly two decades of ... [Read More]

Back in October, tech startup Carsfast formed its advisory board that includes Women in Auto Finance honoree Marguerite Watanabe, who is the president of Connections Insights, as well as Hudson Cook partner Michael Benoit. On Monday, the dealership driven by ... [Read More]

One of this year’s Women in Auto Finance honorees is about to become a chief executive officer. Last week, DriveTime Automotive Group and Bridgecrest Acceptance Corp. announced a succession plan that involves honoree Mary Leigh Phillips, current chief financial officer ... [Read More]

If 2020 has proven anything, it’s that drastic changes can arrive that no one anticipated. With that thought in mind, Swapalease.com wants to bring automakers and dealerships together with vehicle-lease holders who want out of their contract or to switch ... [Read More]

Credit Union Leasing of America (CULA) recently recorded its best month ever, generating the highest single month of originations in its more than 30-year history. The company that processes indirect vehicle leasing for credit unions booked more than $150 million ... [Read More]

Earlier this month, Capital One and Oxx were among the investors to inject $13 million in funding into Lightico. Now the provider of the platform built so customers can interact digitally with auto-finance companies and other financial services firms is ... [Read More]

S&P Global and IHS Markit highlighted nine reasons why the definitive merger agreement they announced on Monday is going to be beneficial for stockholders and the clients that use their automotive and finance data. According to a news release, S&P ... [Read More]

When it comes to digital financing through dealerships and finance companies, the genie is out of the bottle. The toothpaste is out of the tube. Pick whatever analogy you want to use, as J.D. Power put it: customers “won’t go ... [Read More]