Improve your loan funding process by utilizing more accurate vehicle and insurance data. Insure the vehicle on the loan matches the actual vehicle purchased. Also, decrease portfolio risk through verification of you being listed as the lienholder on the insurance policy.
In the fast-paced environment of an auction, some vehicles sell quicker than they can accelerate – but purchasing a vehicle without knowing its history can expose both auctioneers and their customers to substantial risk. With tools like the AutoCheck Score®, prospective buyers can quickly asses a vehicle’s history and salability to streamline decision making and
It’s no secret that buzzwords and empty “corporate speak” have been unfortunate staples of the sales and marketing landscape for as long as we can remember.  The automotive, fintech and auto finance industries have certainly not been immune to this phenomenon, and a recent explosion of new technologies and services may be making it worse.
Many auto lenders, often helped by FICO, are deploying increasingly advanced AI engines to discover more effective pricing and collections strategies.This session will give an overview of the most promising emerging techniques as well as the benefits that can be expected by embracing AI. Takeaways: Where and how AI can be applied to improve auto
Auto lending volume is at an all-time high, and many lenders and servicers are turning to AI tools to streamline and enhance collections. AI provides efficiencies without sacrificing personalization. This leads to improved customer satisfaction and, ultimately, increased revenue. It’s clear that AI is becoming necessity in auto finance loan servicing due to the industry’s explosive growth
Auto delinquencies and defaults in the subprime lending market rose unexpectedly in 2016, leading to a slowdown in lending. It is possible that some lenders lost market share because they pulled back to quickly and too far due to poor analytics. We will demonstrate the important metrics to follow when analyzing the auto consumer credit
Over the past year, insights have been shared by Marguerite Watanabe on the evolving fintech marketplace with a focus first on the fintech providers and their value propositions and next with the gaps from a consumer’s viewpoint. This presentation will focus on the challenges and opportunities from the captives, banks and non-prime auto finance company perspective.
Traditionally, dealers have been slow to adopt new technologies that may impact profitability, and reluctant to evolve their sales and finance process. There continues to be significant friction in the negotiation and finance steps of the buying journey. Digital retailing solutions are making a difference but less-than-advanced digital finance tools are hindering its potential. This
Digital retailing is one of the hottest technology topics in the auto industry right now. Where does fintech fit in to the online path-to-purchase? This session will deep dive into the two digital retailing paths, Credit first vs credit last. Topics include, How do they two paths compare, what are the advantages and disadvantages, the