Technology
Ford commercial trucking arm eyes increased software attachment
Ford Pro, Ford Motor Co.’s commercial trucking arm, is looking to double its software attachment rates by 2026 as the...
Huntington originates more than half of loans with e-contracting
Huntington Auto Finance is leaning on digital channels to speed funding and improve consumer experiences. More than half of Huntington...
Arivo’s Landon Starr on new loan structuring tool for dealers
Subprime lender Arivo Acceptance is looking to technology to speed the funding process and appeal to its dealership partners. Providing...
Sopra Banking Software expands floorplan finance tech in US
Financial technology company Sopra Banking Software has expanded the capabilities of its floorplan financing software-as-a-service in the United States as...
Autotech Ventures backs car equity credit card startup
Autotech Ventures is bullish on a new startup putting car equity to work in the form of a credit card...
E-contracting volumes grow 7% amid consumer push
The volume of digitally originated auto loans increased during the second quarter despite slowing origination volume as consumers expect online...
Chatbots can reduce collection costs by 15%
Lenders can save time and reduce collection costs by leaning on intelligent virtual agents to provide 24-hour service to consumers. ...
Utilizing generative AI to increase collections
CHICAGO — Collections agencies are using generative AI to improve internal operations and increase conversion rates, and lenders can do...
