auto financing

Report: UK Car Loan Probe Could Hurt Banks
Report: UK Car Loan Probe Could Hurt Banks
February 25, 2024  |  Consumer Finance

England’s financial watchdog is taking a long look at the way lenders financed car loans. And that investigation could have broader implications for the country’s...

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Chase Teams With CarGurus’ for Online Auto Financing
Chase Teams With CarGurus’ for Online Auto Financing
January 29, 2024  |  Consumer Finance

Chase has joined CarGurus’ multilender financing platform, expanding options for consumers looking to prequalify for auto financing online. The bank joins Capital One, Global Lending Services and Westlake Financial as a participating lender...

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Sopra and Vero Partner on Wholesale Auto Financing Solution 
Sopra and Vero Partner on Wholesale Auto Financing Solution 
December 19, 2023  |  Partnerships

Sopra Banking Software (SBS) and Vero Technologies have joined forces to bring digital, wholesale auto financing capabilities to local and regional U.S. banks, credit unions and specialized finance...

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Carputty Deploys AI to Add Transparency to Auto Lending Process
Carputty Deploys AI to Add Transparency to Auto Lending Process
September 14, 2023  |  artificial intelligence

Carputty has added artificial intelligence (AI) solutions to its auto financing platform and says that one-third of the applications it receives are now AI-decisioned. AI makes...

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FTC Highlights Enforcement Actions Related to Financial Abuses
FTC Highlights Enforcement Actions Related to Financial Abuses
June 07, 2023  |  Regulation

The Federal Trade Commission (FTC) undertook enforcement actions around automobile purchasing and financing, payday lending, and credit repair and debt relief in 2022. The agency highlighted...

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AI Lender Upstart Unveils Auto Retail Platform
AI Lender Upstart Unveils Auto Retail Platform
March 09, 2022  |  artificial intelligence

Artificial intelligence (AI) lender Upstart has launched a mobile-first auto retail platform, the company announced in a news release Wednesday (March 9). The Upstart Auto...

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TrueCar Teams With AutoFi On Streamlining Auto Financing
TrueCar Teams With AutoFi On Streamlining Auto Financing
August 04, 2021  |  Partnerships / Acquisitions

Online car retailer TrueCar is now working with AutoFi to give customers more advanced ways to explore auto financing. With the partnership, those who have configured payments with TrueCar...

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Vroom Partners With Santander On Auto Loan Financing
Vroom Partners With Santander On Auto Loan Financing
April 08, 2020  |  Partnerships / Acquisitions

Vroom, the eCommerce platform for buying and selling used vehicles, has reached a multi-year deal with Santander Consumer USA to simplify auto financing. In an...

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eBay Ups Its Digital Automotive Game
eBay Ups Its Digital Automotive Game
May 31, 2019  |  eCommerce

It’s no secret that digital technology is bringing historic change to the automotive industry, and the latest example comes from eBay. The online marketplace announced...

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