Tag : Auto Finance

Prodigal Introduces Results-Focused Strategic Intelligence Built on Proprietary AI for Consumer Finance
Finance News

Prodigal Introduces Results-Focused Strategic Intelligence Built on Proprietary AI for Consumer Finance

PR Newswire
by PR Newswire0240
By leveraging its unique AI, custom-trained on over 400 million consumer conversations and interactions, Prodigal delivers dynamic new scores and reports based on the most valuable source of information they have – their own customer data. Prodigal, the pioneer of consumer finance intelligence, announces the launch of a suite of......
REPAY Expands eCash Payment Acceptance Capabilities for Bill Pay and Loan Installments
Digital Payments News

REPAY Expands eCash Payment Acceptance Capabilities for Bill Pay and Loan Installments

Business Wire
by Business Wire0315
Digital cash acceptance simplifies the cash payment process to increase customer satisfaction and on-time payments Repay Holdings Corporation , a leading provider of vertically-integrated payment solutions, announced the expansion of eCash acceptance capabilities for lenders and other businesses to accept bill and loan installment payments from their customers at nearly......
Westlake Financial’s Visorbot is Shaping the Future of Auto Financing
Artificial Intelligence Finance News

Westlake Financial’s Visorbot is Shaping the Future of Auto Financing

Business Wire
by Business Wire0226
In the ever-evolving landscape of auto finance, Westlake Financial is setting the pace. Every day Westlake’s Visorbot, a proprietary AI and machine learning tool, astoundingly computes 800,000 applications. In a single month, that amounts to 24 million loan computes. Latest Fintech Interview: Global Fintech Interview with Ralph Dangelmaier, CEO &......
CFPB and Justice Department Caution Auto Finance Companies about Servicemember Protections
Consumer protection laws Featured

CFPB and Justice Department Caution Auto Finance Companies about Servicemember Protections

Fintech Staff Writer
by Fintech Staff Writer0306
The Department of Justice and the Consumer Financial Protection Bureau (CFPB) issued a joint letter las week, reminding auto finance companies of their responsibilities to recognize important legal protections for military families under the Servicemembers Civil Rights Act (SCRA). While servicemembers have the same rights as non-military borrowers, the SCRA......
FICO Scores Remain Most Widely Used in the Securitization Market, Instilling Lender Confidence Despite Inflation Highs and Economic Challenges
Finance News

FICO Scores Remain Most Widely Used in the Securitization Market, Instilling Lender Confidence Despite Inflation Highs and Economic Challenges

Fintech News Desk
by Fintech News Desk0328
Mercator Advisory Group study finds that 97% of asset-backed securitizations rely on FICO® Scores Mercator Advisory Group, a leading, independent research and advisory services firm exclusively focused on the payments and banking industries, found that asset-backed securitizations (ABS) continue to rely heavily on the FICO® Score as a risk and......
Fintech News

Alfa Announces “Alfa Start”, the Preconfigured Software Platform for US Auto Finance Companies, Big or Small

Fintech News Desk
by Fintech News Desk0426
Alfa, provider of Alfa Systems, the software platform that powers some of America’s biggest names in automotive finance, has announced a new, preconfigured edition of its software solution – built exclusively for auto finance in the US. Alfa Start delivers the proven, class-leading Alfa Systems platform at entry-level cost for US-based......
1