The investment world could generate quite an explosion with the amount of “dry powder” that’s available, according to Bain & Co. On Monday, the firm released its Private Equity Midyear Report 2023. Bain said that after four quarters of relative ... [Read More]

NETSOL Cloud Services, a provider of cloud-based solutions and a division of NETSOL Technologies, announced that it has been awarded the AWS Lambda Service Delivery designation by Amazon Web Services (AWS). The company highlighted this recognition acknowledges NETSOL Cloud Services’ ... [Read More]

Car IQ is compiling quite a fleet of relationships to spread the use of its payment technology. The company on Wednesday teamed up with Visa to enable vehicles to transact directly with Visa’s global ecosystem of merchants and banks, and ... [Read More]

Experts said credit scores are generally higher nowadays, but outstanding portfolios aren’t necessarily reflecting a financial health often seen with contracts connected to higher points on the credit spectrum. A new TransUnion study determined that median credit scores — aided ... [Read More]

Sometimes, finance companies literally are doing damage control when vehicles in their outstanding portfolio are involved in crashes, weather events or other incidents. On Wednesday, Solera Global Corp launched Intelligent Triage, a web browser-based tool the company said can eliminate ... [Read More]

Wolters Kluwer Compliance Solutions, a provider of risk management and regulatory compliance solutions and services to U.S. banks, credit unions, insurers and securities firms, recently named Vikram Savkar as its new executive vice president and general manager. In this role, ... [Read More]

Toyota now is up to a dozen states where its branded insurance product is available. On Monday, Toyota Auto Insurance began to make policies available in Colorado, Georgia and Oregon. Now, Toyota Auto Insurance customers in the Centennial State, the ... [Read More]

FINN, an auto subscription company based in Munich, Germany, and New York, has signed a 25 million euro ($27.2 million) asset-backed facility with Avellinia Capital. The facility complements FINN’s existing asset-backed securitization program, effectively increasing the advance rate from 95% ... [Read More]

We’re only a few days into the second half of 2023, and the pace of mergers and acquisition continues to be strong. The latest one surfaced Thursday, as Safe-Guard Products International, a provider of branded protection products for the automotive, ... [Read More]

Wolters Kluwer recently shared the results from its latest industry survey it commissioned to better understand where automotive dealer and auto finance professionals are still finding barriers in adopting more digitized solutions for back-office documentation processing. Wolters Kluwer presented an ... [Read More]