Trump to impose 10% global tariff, higher rates for some nations
President Donald Trump is imposing tariffs on US trading partners worldwide, his biggest assault yet on a global economic system he has…
PODCAST: Reconnecting with Agora Data’s Steve Burke
About a month before the company welcomed Sharon Mancero as part of its management team, Agora Data CEO Steve Burke made time for the Auto Remarketing Podcast at NADA Show 2024 in Las Vegas. Burke shared his assessment of the … [Read More]
EquiLend services knocked out by cyber-attack
EquiLend has warned clients that services could be down for several days after the securities lending trading platform was hit by a cyber-attack.
Lloyds Banking Group signs five-year Google Cloud deal
Google Cloud has landed a five-year deal with Lloyds Banking Group, part of the UK bank’s commitment to spend £3 billion on digital transformation projects.
Supply issues hinder CPO vehicle sales, prompt expanded eligibility
Demand for certified pre-owned vehicles is outpacing supply, prompting manufacturers to expand vehicle eligibility and eye leasing opportunities. American Honda’s…
Ripple and Circle win approval to open as national trust banks
Digital asset infrastructure firms Ripple and Circle have received conditional approval for its application to establish a national trust bank in the United States.
Editors’ picks: Top features of 2024
Auto Finance News each month takes a deep look at topics defining the auto finance industry. These features provide a…
Inside Capital One Auto’s innovation, patent strategy
Big banks are positioning themselves as technology companies — and they have the patent portfolios to prove it. Investments in…
SBI invests $20m in core banking-API integration firm OpenLegacy
Japan’s SBI Holdings has invested $20 million in OpenLegacy Technologies, an American software firm that smooths API integration of core banking systems.
US charges crypto exchange KuCoin with AML violations
The United States has charged cryptocurrency exchange KuCoin and two of its founders with flouting money laundering laws.
Former iA American CRO joins RoadVantage as president
RoadVantage modified its leadership team in multiple ways this week, welcoming John Lutman as president of the F&I company, which offers a full portfolio of vehicle service contracts and ancillary products through certified agents. With Lutman coming aboard, RoadVantage slid … [Read More]
Santander advertises for 750 tech jobs
Banco Santander has opened technology hubs in Malaga and Warsaw to house 1400 tech professionals as the Spanish giant seeks to turbo charge its digital transformation programme.
Mitsubishi Motors raises US prices as tariffs roil carmakers
Mitsubishi Motors Corp. is raising US prices for some vehicle models as the industry grapples with the fallout of President…
Costs of vehicle ownership, repairs surge in August
Auto repair costs increased over the past year as consumers leaned into fixing their vehicles and overall costs of car…
Managing inventory key to 2025 success for dealers
Managing inventory will be key to driving profit and loyalty as dealers struggle for better margins in 2025. Dealer margins…