Discussion on retail POS lending as an opportunity for lenders
Point-of-sale financing as an alternative payment method is a growing opportunity for lenders, technology company Pagaya’s President Sanjiv Das says on this episode of “The Buzz” podcast, shared to Th...
27 Jun 202421min
Weekly Wrap discussion on CDK attacks, powersports
Car dealerships are leaning on manual processes following consecutive cyberattacks against software provider CDK Global last week. In powersports, RV and marine manufacturer Winnebago Industries’ prom...
24 Jun 20247min
Weekly Wrap discussion on loan production, inflationary pressures
The auto finance industry is showing slight improvements in affordability and loan production while worsening credit performance and inflationary pressures remain concerns. Auto outstandings held stea...
17 Jun 20244min
Weekly Wrap discussion on leasing, NAF Summit
Leasing is picking up in tandem with incentives while used-vehicle values decreased in May — positive signs toward improving affordability. While some measures indicate better deals and lower prices,...
10 Jun 20247min
Weekly Wrap discussion on market share, powersports
Auto lenders were active in the capital markets last month as credit union issuance picked up, while market share among banks and credit unions shifted in the first quarter. In powersports, Canadian m...
3 Jun 20247min
Weekly Wrap discussion on AI adoption, affordability
Optimizing efficiency, improving accuracy and customer experience, and automating credit decisions are core uses of artificial intelligence in the auto finance industry as lenders look to grow their p...
20 Mai 20247min
Weekly Wrap discussion on underwriting themes at AFS East 2024
Several auto lenders had to adjust their underwriting strategies in 2023 to account for worsening credit performance across loans originated in 2021 and 2022, a theme prevalent during Auto Finance Sum...
13 Mai 20244min
Weekly Wrap discussion on Auto Finance Summit East 2024
Gaining operational efficiencies through artificial intelligence, navigating a challenging EV market and embracing the return of leasing were top themes at Auto Finance Summit East 2024 last week in N...
6 Mai 20247min
