Coinbase launches credit card with bitcoin rewards
Coinbase has partnered American Express to launch a credit card that offers up to four per cent bitcoin back on purchases.
Split reactions: Industry divided on CFPB’s larger participant rule
The automotive industry is divided on its support of the Consumer Financial Protection Bureau’s proposed revision of its definition of…
KPA and Reynolds forge partnership to boost F&I compliance
KPA and Reynolds and Reynolds now are working together to help dealerships comply with state and federal financing requirements. On Wednesday, the companies announced a strategic partnership to provide dealerships greater access to Reynolds’ LAW F&I Libraries across all 50 … [Read More]
Winslow now officially AFSA’s president & CEO
The American Financial Services Association started the second half of the year by making it official. Celia Winslow is the trade group’s new president and chief executive officer. Winslow succeeds Bill Himpler, who late last year announced plans to retire. … [Read More]
HDFS originations down 16%, credit losses rise
Harley-Davidson Financial Services increased its provision and allowance for credit losses in the fourth quarter as originations and sales slowed. …
Wealthtech Prosper launches crowdfunding campaign
Prosper, the UK wealthtech founded by Tandem and Nutmeg alumni, has launched a crowdfunding campaign on Crowdcube.
Polaris aligns shipments as sales drop 20%
Powersports manufacturer Polaris reduced shipments and supply to meet dealer demand as sales fell 20% year over year during the…
Sincro chooses CreditMiner as preferred partner for dealer websites
There now is another way to attach soft-pull credit capabilities onto your dealership website. Automotive digital marketing provider Sincro, an Ansira company, announced last week that it has designated CreditMiner as a preferred partner within its website platform. According to … [Read More]
Big Wheels: Used-vehicle values decrease in February
Wholesale used-vehicle values fell in February as dealers loaded up supply for the spring selling season and retail sales increased….
Sustainability fintech WeeFin raises €25 million
WeeFin, a fintech that helps financial institutions manage their sustainability strategies, has completed a €25m financing round Series B, led by Blackfin Capital Partners.
Informativ acquires Carmatic to offer unified solution for dealers & partners
Earlier this month, Informativ introduced Verified Stips powered by TurboPass to boost underwriting. Then last week, the provider of fraud prevention, compliance, and credit technology for the automotive and consumer finance industries made an even more substantial move, acquiring Carmatic, … [Read More]
Bank of Ireland to equip call centres with single customer view and voice biometrics
Bank of Ireland is spending €34 million to overhaul its call centre operations, providing operators with a single customer view and introducing voice biometrics for added security.
CIBC inks Microsoft Azure deal
The Canadian Imperial Bank of Commerce (CIBC) has agreed a multi-year deal to use Microsoft Azure as its primary cloud platform.
Lloyds trumpets GenAI knowledge hub’s impact
Lloyds Banking Group has built an AI knowledge hub that slashes the time it takes customer-facing employees to answer queries.
IBM acquires Canadian payments outfit Expertus
IBM has acquired Canadian fintech Expertus as part of a strategy to extend its hybrid cloud offerings deeper into the AI and payments space.