Ally lowers Carvana forward flow agreement to $4B
Ally Financial has extended and lowered its forward flow agreement with Carvana to $4 billion as the retailer faces ongoing ...
Tag: Ally
Ally, Ford Credit name new CFOs, and other staff moves
Ally CFO LaClair steps down Jennifer LaClair stepped down as Ally’s chief financial officer after nearly five years in the ...
Combating ID fraud: Five steps to prevention
Consumers providing false identification information, including employment and income, is a type of fraud that is costing auto lenders billions ...
Carvana reduces floorplan line with Ally Financial
Automotive retailer Carvana reduced its wholesale inventory floorplan line of credit with Ally Financial to $2.2 billion in the pair’s ...
Ally Financial uses RPA, AI to combat synthetic identity fraud
SEATTLE — Ally Financial is using robotic process automation (RPA) and artificial intelligence (AI) to identify the fraudulent paystubs commonly ...
Back to school: How F&I training is changing at dealerships
With the COVID-19 pandemic pushing consumers to an omnichannel retail and finance experience, and finance and insurance (F&I) training programs, ...
Ally Financial originations increase 3% YoY to record $13B
Ally Financial logged its highest quarterly origination volume since 2006 in Q2 amid tight vehicle supply and rising interest rates ...
Auto dealers request more virtual F&I training
Auto dealers are requesting more finance and insurance (F&I) sales training as consumer preferences trend toward an omnichannel sales and ...
