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Tesla’s lease portfolio up 5% YoY

Tesla Finance’s lease portfolio grew year over year in the first quarter, but lease penetration and deliveries declined.   Lease outstandings…

UACC auto originations up 15%

United Auto Credit Corp.’s auto loan originations increased by 15% year over year in the first quarter as parent company…

Cryptocurrency mining and trading devastating the planet

Financial regulators have often called out the environmental impact of cryptocurrencies and now a new study from Forex Suggest reveals 431.6 million trees would need to be planted to offset bitcoin’s pollution over the last year.

Canadians unfamiliar with open banking

As Canada works towards the creation of an open banking framework, a new survey suggests that boosting awareness needs to be top of the agenda for a public largely oblivious to the concept.

Western Funding executes first securitization

Western Funding is now in the securitization business, too. Late on Friday, the subsidiary company of Westlake Technology Holdings announced the successful closing of its inaugural asset-backed securitization (ABS), WEFUN 2025-1, totaling $400 million. Management said this transaction marks Western … [Read More]