In a world where the car-buying journey has become increasingly digital, lenders and dealers must adapt to attract motivated buyers …
AUTO FINANCING ONLINE: 5 CAPABILITIES YOUR SOFTWARE SOLUTIONS SHOULD PROVIDE
The ability to handle auto financing online is one of the past decade’s greatest innovations for lenders. Gone are the …
MINIMIZING COMMUNITY BANK LENDING RISK DURING A FINANCIAL CRISIS
COVID-19 is redefining the notion of risk in nearly every facet of the global economy, forcing financial institutions to rethink …
ANALYTICS-BASED LENDING AND PORTFOLIO RISK MITIGATION
Analytics-based lending helps improves the speed and quality of lending decisions while simultaneously reducing risk. Two developments in lending technology offer compelling reasons for adopting an analytics-based lending strategy.
LOAN ANALYTICS SOFTWARE FOR THE BANKING INDUSTRY
Big data has transformed businesses in every industry. Banks now use data acquired from nearly every step of the loan origination process. The reward: Detailed insight that can be applied to continuously improve lending efficiency and profitability.
IT’S TIME TO TRADE EXCEL & ACCESS FOR INTEGRATED AUTO LOAN ANALYTICS
If you’re a lender with a legacy auto lending solution, you likely know you should upgrade to one with integrated …
AUTO LENDING EFFICIENCY AND PROFITABILITY TIPS
The rise of big data is transforming how organizations plan, manage, and evaluate their businesses. Auto lending is no different. …
OPTIMIZE YOUR UNDERWRITING PROCESSES WITH AUTO LENDING ANALYTICS
Only a fraction of banks, credit unions, and fincos use the full power of auto lending analytics to their advantage. …
TOP 3 AUTO LOAN RISK ASSESSMENT SOFTWARE CONSIDERATIONS
Modern lending solutions take advantage of the latest fintech capabilities to help you assess and effectively manage risk throughout the …
WHAT YOU NEED TO KNOW ABOUT AUTO LOAN DELINQUENCY STATISTICS
The headline of the Federal Reserve Bank of Kansas City’s Macro Bulletin summarizes the Q2 2018 auto loan delinquency statistics: …
AUTO LOAN PORTFOLIO RISK MANAGEMENT: PROBLEMS TO AVOID
Experian’s State of the Automotive Finance Market – A look at loans and leases in Q2 2018 provides an excellent, …
USING AUTO LOAN PORTFOLIO RISK ASSESSMENT WITH AN LOS
A regular practice of auto loan portfolio risk assessment allows lenders to continually evaluate and adjust their credit policies in …
