Danish wealthtech startup Performativ snags €5.5 million
Danish wealthtech startup Performative has snagged €5.5 million in a seed round led by FinTech Collective.
October data from Cox Automotive & VantageScore shows expanded credit access but growing delinquency
You can make your own judgements about the state of the credit market based on October data from Cox Automotive and VantageScore. In October, Cox Automotive reported, the Dealertrack Credit Availability Index resumed its upward trend of improved credit access … [Read More]
Nissan taps new CFO, North America head in executive shuffle
Nissan Motor Co. is overhauling its executive bench, seeking to bring in new talent to turn around the Japanese carmaker…
Weltman launches free webinar series about ‘what’s on tap’ in collections
On Thursday morning, Weltman, Weinberg & Reis will launch the opening session of a free, year-round educational webinar series to help finance companies and other lenders stay ahead of trends, changes and updates throughout the world of collections. With the … [Read More]
Longer-term refis pushing effective auto finance terms past 90 months
The total time consumers are in auto loans is lengthening as refinance picks up with terms longer than 65 months. …
Weltman, Weinberg & Reis adds 5 attorneys to Chicago office, donates to Feeding America network
Along with making donations to local food banks and pantries in the Feeding America network, Weltman, Weinberg & Reis Co., added to its stable of legal professionals at its Chicago office. This month, the firm welcomed five new attorneys: Tresina … [Read More]
COMMENTARY: 34% of dealers still lost concerning certain key components of Safeguards Rule compliance
Over the last few years there has been plenty of chatter about the new Safeguards Rule that went into effect earlier this year. As has been widely reported, the law requires auto dealerships to obtain clear and informed consent from … [Read More]
Temenos Community Forum opens the floor to AI governance
Setting the tone for the second day of Temenos Community Forum, Dr Jonnie Penn, associate teaching professor of AI ethics and society, University of Cambridge delivered a speech on both the growth of AI and the task of governing its ethical standards.
Dealertrack Registration and Title Solutions blends into Reynolds Certified Interface Program
Two prominent technology service providers for dealerships and finance companies now are working together to smooth the titling process. Cox Automotive announced on Monday a new integration that geared to drive dealer value by connecting Dealertrack’s Registration and Title Solutions … [Read More]
OneMain Financial acquires Foursight Capital
Subprime consumer financier OneMain Financial completed its acquisition of subprime auto lender Foursight Capital on April 1, just over four…
Bloomberg Terminals back up after outage
Bloomberg terminals were hit by a global outage on Wednesday, disrupting trading round the world.
ABN Amro targets young customers with new neobank
The team behind ABN Amro’s Tikkie payments app has developed a full-service neobank designed for young people.
NextGear Capital hires 3 new execs, unveils redesigned website
In an effort “bring fresh energy, diverse perspectives and deep expertise to the organization,” NextGear Capital recently added three new members to its senior leadership team along with rolling out a revamped website. Executives joining the inventory finance company for … [Read More]
BBVA Switzerland launches Next Gen digital investment account
The Swiss arm of BBVA is launching a digital investment account that lets users build portfolios based on themes such as climate change and technologies including 3D printing while also providing a cryptocurrency wallet.
François Hollande: Fintech investment is key
The former French President, François Hollande, gave a keynote session at Money 20/20 speaking on the current state of French technology investments and about how he turned France into a Fintech hub.