Search Results for: auto lending

Open Lending CRO Matt Roe to Speak on Auto Lending Opportunities at CU Leadership Convention
Lending News

Open Lending CRO Matt Roe to Speak on Auto Lending Opportunities at CU Leadership Convention

Business Wire
by Business Wire0239
Lending enablement expert to give talk on $270 billion opportunity for credit unions. Open Lending Corporation, an industry trailblazer in lending enablement and risk analytics solutions for financial institutions, announced Chief Revenue Officer Matt Roe will give a presentation entitled Less Risk, More Reward: The Untapped Opportunity for Auto Lenders at......
Point Predictive's 2023 Auto Lending Fraud Survey Reveals Lenders are Bracing for Increase in Fraud Risk
Lending Machine Learning News

Point Predictive’s 2023 Auto Lending Fraud Survey Reveals Lenders are Bracing for Increase in Fraud Risk

PR Newswire
by PR Newswire0304
Point Predictive, the San Diego-based company that provides machine learning solutions, released its 2023 Auto Lending Fraud Survey, which captures the concerns, economic projections, and sentiments of automotive lenders across North America. Results indicate a record number of lenders are concerned about increases in fraudulent activity – more specifically, income misrepresentation –......
Informed.IQ Announces Key Executive Hire Focused on Increasing Automation in Auto Lending
Fintech News

Informed.IQ Announces Key Executive Hire Focused on Increasing Automation in Auto Lending

Fintech News Desk
by Fintech News Desk0525
Jessica Gonzalez joins with 15 years of financial services experience Informed.IQ, a technology company used by financial institutions to instantly and accurately verify loan origination data and documents, announced the addition of veteran automotive financing executive, Jessica Gonzalez. Ms. Gonzalez was most recently Senior Vice President of Digital Transformation at......
Artificial Intelligence Banking Fintech Investment Services News

Midwest BankCentre Selects Upstart for Auto Lending

Fintech News Desk
by Fintech News Desk0608
Upstart , a leading artificial intelligence (AI) lending platform, today announced Midwest BankCentre, St. Louis’ premier community bank since 1906, has selected Upstart to expand its direct auto lending business with a digitally enabled auto refinancing service. Read More:  XP Inc. Acquires Riza M&A With Upstart, Midwest BankCentre will be......
PenFed Credit Union Chooses CRIF Select as Auto Lending Partner
Fintech News

PenFed Credit Union Chooses CRIF Select as Auto Lending Partner

Fintech News Desk
by Fintech News Desk0445
CRIF Select Will Provide Full Service Indirect Lending Solution to PenFed Credit Union CRIF Select, an industry-leading provider of indirect lending partner programs, has reached an agreement with Pentagon Federal Credit Union (PenFed) for an exclusive indirect lending partnership. Headquartered in Tysons, VA, PenFed Credit Union serves over 2 million......
Axos Bank Adds Direct Lending, Boosts Auto Lending With TCI’s DecisionLender 4
Banking Fintech News

Axos Bank Adds Direct Lending, Boosts Auto Lending With TCI’s DecisionLender 4

Fintech News Desk
by Fintech News Desk0552
Digital bank leverages automated LOS platform to provide online lending channels, maintains less than one percent delinquency rate Teledata Communications, Inc. (TCI), the provider of DecisionLender 4 (DL4), a cloud-based consumer loan origination platform, announced that San Diego-based Axos Bank has expanded its auto lending program with the addition of......
Point Predictive Awarded Patent for Innovative Auto Lending Scoring Technology
Fintech News

Point Predictive Awarded Patent for Innovative Auto Lending Scoring Technology

Fintech News Desk
by Fintech News Desk0312
One of several Ai-powered inventions by the company currently in process for patent approval Point Predictive Inc., the San Diego-based company that provides machine learning solutions to lenders, announced  that the U.S. Patent Office has granted the company a patent for the Ai technology that powers their flagship product –......
Automated Financial Systems, Announces Metropolitan Commercial Bank's Selection of AFSVision as their Modern Commercial Lending Platform
Lending News

Automated Financial Systems, Announces Metropolitan Commercial Bank’s Selection of AFSVision as their Modern Commercial Lending Platform

PR Newswire
by PR Newswire0154
Automated Financial Systems, Inc. (AFS) announced that Metropolitan Commercial Bank (the “Bank”), is the latest bank to choose AFSVision as their modern commercial lending platform. “AFSVision is one of the leading commercial lending platforms on the market, and it is well suited to accelerating our Core Banking Modernization project.” said Dixiana......
Neofin Launches No-Code Lending Automation SAAS in the US
Lending News

Neofin Launches No-Code Lending Automation SAAS in the US

PR Newswire
by PR Newswire0273
Neofin, the no-code lending automation platform, launched its first US project, entering the market to power the transformative and sustainable consumer lending products. Neofin’s first live project in the US is Stately Credit – an inclusive lender that aims to provide a stress-free alternative to traditional lending options. Through its......
How Lending Enablement Solutions Improve Auto Lenders’ Financial and Portfolio Growth
Guest Posts Lending

How Lending Enablement Solutions Improve Auto Lenders’ Financial and Portfolio Growth

Matt Roe
by Matt Roe0394
The automotive lending industry is facing a unique convergence of challenges, including tightened lending conditions, reduced credit availability, and historically high vehicle prices. Despite these obstacles, emerging Lending Enablement Solutions are helping financial institutions expand their borrower base, increase loan volume, and improve return on assets (ROA) while mitigating risk.......
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