Beyond risk management, AI is revolutionizing how auto lenders interact with borrowers. AI-powered chatbots enhance customer engagement by providing instant responses, guiding customers through ...

Five Star Bank's parent company denied wrongdoing but said the agreement spares it the uncertainty and expense that might ...

It dealt with Wells Fargo's auto lending and mortgage practices, in addition to its compliance risk management program. A compliance order pertaining to similar activities was enforced by the ...

The dealer commercial lending industry is undergoing a rapid transformation driven by technological advancements, regulatory ...

Compliance at scale ... Seamless handling of loans across credit cards, home equity lines, auto loans, and more. “Partnering with Carleton strengthens our ability to deliver a precise, compliant ...

WARSAW, N.Y., March 10, 2025 (GLOBE NEWSWIRE) -- Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank (the “Bank”), announced that it has settled civil ...

“Many deserving borrowers face barriers to vehicle ownership, including historically high costs to buy and own an auto, significantly higher interest rates, and complex automotive lending ...

More Americans are falling behind on their auto loans, the Federal Reserve Bank of New York revealed on Thursday, as soaring car prices have eroded their ability to pay their debt. In the fourth ...

AUSTIN, Texas, February 25, 2025--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) ("Open Lending" or the "Company"), an industry trailblazer in automotive lending enablement and risk ...