LexisNexis Risk Solutions, a leading provider of data, analytics and technology, recently made a multi-million dollar investment in the formation of a new global connected car team. The company highlighted the team of more than 35 experts has been created ... [Read More]

Experian Automotive reported that credit unions held 21.3 percent of the market share of all auto financing after the first quarter of this year, up from 20.0 percent a year earlier. And GrooveCar released a white paper this week in ... [Read More]

Coming on the heels of finalizing a global partnership with Silicon Valley innovator Plug and Play, Toyota Financial Services on Monday announced its new group vice president and chief information officer. Reporting to Mike Groff, president and chief executive officer ... [Read More]

Enhanced technology not only makes vehicles more enjoyable for owners to have, but it also must be considered as finance companies structure their underwriting to account for the value of these features. Strategy Analytics recently released a study showing how ... [Read More]

If auto finance companies want a sharper glimpse at just how good the collateral attached to the vehicle installment contract they are underwriting might be, new tools arriving in April from CCC Information Services and LexisNexis Risk Solutions might have ... [Read More]

Perhaps what’s being leveraged in the rental car space could be making its way into other forms of auto financing, as traditional vehicle leasing remains strong and car subscription products gain steam. As new generations enter the work force and ... [Read More]

Machines might be handling more queries from auto finance company customers with potential results that human representatives continually strive to reach but perhaps fall a little short. One of the experts who spoke during the International Auto Finance Network Conference ... [Read More]

OnApproach wants another characteristic of credit unions to be as synonymous to those financing providers as their reputation and servicing to members: collaborative analytics. And to help credit unions leverage the possibility of collaborate analytics, OnApproach recently established a pathway ... [Read More]

Finance companies are fighting a cyber-war against criminals who carry out millions of daily attacks in a bid to steal personal data and defraud businesses of millions of dollars. That is the stark message from data security expert Royce Curtin, ... [Read More]

Criminals are becoming more creative in their approach to commit synthetic ID fraud, and new technology recently detected a ploy by an individual who tried a scheme at two different Michigan dealerships. According to the Federal Trade Commission, 1.7 percent ... [Read More]