Chase Auto names Thacker head of private label
Chase Auto today named John Thacker its president of private label captive finance. John Thacker Thacker succeeds Leslie Wims Morris,…
Danske Bank releases ambitious climate action plan
Danske Bank has released a detailed climate action plan setting goals for 2030 and 2050. The plan maps out the bank’s sustainable goals and carbon emissions, pulling focus to the green transition.
Podcast: ‘Weekly Wrap’ on GM Financial, CAC earnings
Earnings season continued last week with GM Financial and Credit Acceptance Corp. reporting a rise in originations and worsened consumer…
Launcher reinforces CARFAX integration to boost underwriting
Launcher, a technology provider specializing in originations, recently enhanced its integrated access to CARFAX Vehicle History Reports inside its core product — appTRAKER Loan Origination System — so finance companies have “additional ammo in their artillery.” According to a news … [Read More]
WealthTech Firenze scores £2.5 million Seed round
Firenze, a Manchester-based fintech unlocking Lombard lending for mass affluent investors, has closed a £2.5M Seed funding round led by Outward VC, the backers of Curve, PrimaryBid and Vauban.
SS&C acquires funds network Calastone in $1bn deal
Investment funds processing network Calastone has been bought by US-based funds servicing firm and software vendor SS&C Technologies in a deal worth £776m ($1.03bn).
Inside Vervent’s Tricolor repo challenges
Tricolor backup servicer Vervent faces a robust collections challenge, with potentially thousands of defaulted vehicle loans in the three months…
UBS and CIBC execute intraday FX swap transaction on Finteum DLT platform
UBS and CIBC have executed a world-first intraday FX swap transaction on the DLT-enabled Finteum Platform.
Huntington’s originations jump 91%
Huntington Bank’s auto originations soared in the second quarter as Q2 earnings continue to point to mixed results for lender…
Crypto exchange OKX hit with $505m penalty over AML violations
The operator of the OKX crypto exchange will pay more than $504 million in fines and fees after admitting breaking US anti-money laundering laws.
B2B payments startup getpaid raises $6 million with help from ‘Tink mafia’
Getpaid, a European payments startup for marketplaces and platforms, has raised $6 million in a seed funding round led by Nordic investor Inventure with participation from Picus Capital as well as high profile business angels from the payment and marketplace industry.
PODCAST: Using data to solve F&I compliance challenges
F&I Sentinel chief product officer Kat Venner-Fowler acknowledged data can cause multiple compliance problems. But Venner-Fowler emphasized that data also can be the path to compliance solutions. Venner-Fowler elaborated about the subject during an appearance on the Live Stage presented … [Read More]
Auto Finance News to present webinar on digital tools
Auto Finance News is pleased to offer the free webinar “Digital strategies for exceptional customer experience,” on Tuesday, July 15,…
UK regulators seek feedback on Big Tech digital wallets
UK regulators are calling for feedback on the benefits and risks digital wallets from Big Tech giants such as Apple and Google bring to people and businesses.