Lenders use alternative data to expand auto books
Auto lenders in the first quarter leveraged TransUnion’s alternative data and underwriting models to expand their lending pools as the...
Retail Banking
Listen: What quantum computing may mean for the finance industry
Quantum computing has implications for high-value challenges in finance, according to an industry expert. Quantum computing can be used to...
Listen: How automation is boosting PenFed’s annual origination assets to $15B
PenFed owes its multibillion-dollar growth in annual origination assets to a sweeping automation overhaul. The McLean, Va.-based credit union has...
Open Lending’s certified loan volume climbs 32% in Q1
Automation fintech Open Lending’s certified loan volume increased for the sixth consecutive quarter in Q1 as the automation fintech grew...
Envestnet announces cloud-based advisory tool and automation updates
Digital wealth management company Envestnet announced new technology platforms and an internal automation drive during its first-quarter earnings presentation last...
Customer feedback guides data integration at Wells Fargo Auto
Lenders are leveraging and integrating data faster and in higher volumes than ever before in an effort to ease friction...
Digital banking, core solutions drive Jack Henry sales up 40% YoY
The combination of new client wins in core and digital banking products pushed sales bookings up almost 40% year over...
Listen: Automation, data management key focus at auto lending conference
Automation, data management and compliance strategies were a focus of discussion last week at the Auto Finance Innovation and Auto...
Inside Look: Scotiabank’s tool for designing AI models
Scotiabank is fine-tuning a new tool to help guide the bank’s artificial intelligence (AI) ethics. The $976 billion Toronto-based bank...
Decisioning data crucial for Chase risk management strategies
SAN DIEGO — Data and analytics go hand in hand with risk management in today’s digitally-driven auto finance market, making...
