Robinhood UK rolls out AI investing assistant to decode market movements
Robinhood is rolling out an AI-powered investing assistant to help UK users interpret and navigate market movements.
S&P sees high risk of Ford, GM ratings downgrade on auto tariffs
Ford Motor Co. and General Motors Co., along with nearly a dozen car-parts suppliers, are at high risk of a…
Credit Acceptance founder Don Foss passes away
Credit Acceptance said late on Monday that founder Don Foss passed away on Sunday from complications arising from an aggressive form of cancer. He was surrounded by his family, according to the company announcement. Specializing in subprime auto financing, Credit … [Read More]
Fletcher Jones taps Principal Warranty for F&I work
Principal Warranty Corp. recently added a new dealership client that knows luxury well. Now leveraging the provider’s products is Fletcher Jones, which has dealerships in California, Nevada, Hawaii and Illinois and is one of the national sales leaders among Audi … [Read More]
EU expands AML regulation impacting cryptocurrency compliance
The European Parliament has voted to adopt a package of laws to strengthen the EU’s AML and terrorist financing toolkit, with a particular impact on the cryptocurrency industry.
Powell opens door to interest rate cut, citing labor markets
Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for…
LegalShield spots consumer stress intensifying, especially in battleground states
As President Joe Biden and Donald Trump had their first debate last week, LegalShield used its latest Consumer Stress Legal Index (CSLI) to take a closer look at what’s happening with consumers in battleground states as well as providing an … [Read More]
UK Government enters procurement phase for Digital Gilt Instrument issuance
The UK Government has issued a procurement notice for a pilot of blockchain-based Digital Gilt Instrument (Digit) issuance.
Kudos raises $10.2m for AI-powered smart wallet
Kudos has raised $10.2 million in a Series A funding round led by QED Investors for its AI-powered smart wallet and shopping assistant.
Experts on ‘mixed picture’ of consumer & economic trends
Experts at Comerica Bank, Cox Automotive and the University of Michigan all tried this week to decipher economic conditions and sentiments of consumers and policymakers. The general conclusion? “This week’s economic data shows a mixed picture,” Cox Automotive chief economist … [Read More]
AI Act: Industry warns EU against overregulation
Digital Europe, a digital technology trade association, has warned the EU against overregulating in its upcoming AI bill in a letter this week.
PODCAST: NAF Association update with executive director Jennifer Martin
National Automotive Finance Association executive director Jennifer Martin had a lot of positive developments to share in this episode of the Auto Remarketing Podcast. The organization is using technology to grow and serve its membership while also preparing for a … [Read More]
Trust Science & Conecta partner to help finance companies find ‘invisible prime prospects’
Two service providers now are collaborating to help finance companies build originations with “invisible prime prospects.” On Tuesday, Trust Science and Conecta Marketing Group announced a strategic partnership. The companies explained Trust Science’s artificial intelligence-powered credit decisioning platform will enhance … [Read More]
Co-operative Bank creates 100 IT jobs in North West England
The Co-operative Bank is hiring more than 100 IT and digital specialists in its North West England base as part of a major technology investment plan.
Trump taps ex-PayPal COO Sacks as crypto and AI czar
Donald Trump says he is appointing former PayPal chief operating officer David Sacks as “White House AI and Crypto Czar”.