Under The Hood
State lawmakers gear up for enforcement
A week before the presidential inauguration, the Consumer Financial Protection Bureau preemptively handed off its enforcement baton, and a handful...
Dealership CFO: Are digital finance and AI over-promising?
I don’t think there is a person in the auto industry who doesn’t appreciate what technology can do to improve...
Auto fintech investment surges 70% in 2024
Venture capitalists pumped $2.3 billion of capital into auto fintechs in 2024, up $1 billion year over year and just...
Off the Lot: Reflecting on 2024 predictions, eyeing 2025
Happy New Year to Auto Finance News subscribers. This is the first anniversary issue of “Off the Lot.” Last January,...
Regulatory uncertainty impedes AI adoption
Generative AI is creating a chicken-and-egg dilemma in the financial services sector. Regulators are grappling with how to oversee the...
Recoveries poised for lift with repo drones (Under the Hood)
It’s a bird, it’s a plane, it’s a repossession drone. As recovery rates decline in the wake of lower prices...
Financiers must do more for inclusion of unbanked consumers (Under the Hood)
Though the unbanked population is shrinking, lenders must keep chipping away at financial inclusion to broaden access to credit products...
The predictive qualities of vinegar dressing (Under the Hood)
Lenders might soon have another tool in their arsenals to measure the creditworthiness of unbanked consumers: grocery transaction data. The...
