PYMNTS-MonitorEdge-May-2024

auto loans

Embedded Finance FinTech Alviere Partners With AutoPayPlus
Embedded Finance FinTech Alviere Partners With AutoPayPlus
March 01, 2022  |  Fintech Investments

Alviere, the embedded finance tech platform, has announced that AutoPayPlus will be the first automotive industry company to sign on to its suite of services,...

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Auto Refinance Platform MotoRefi Raises $45 Million In Goldman-Led Series B
Auto Refinance Platform MotoRefi Raises $45 Million In Goldman-Led Series B
May 28, 2021  |  Investments

Motor vehicle refinance FinTech MotoRefi raised $45 million in a Series B funding round led by Goldman Sachs Asset Management, the company said in a...

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Auto Lenders Use AI To Drive Safer Real-Time Disbursements
Auto Lenders Use AI To Drive Safer Real-Time Disbursements
January 21, 2021  |  Faster Payments

Immediate disbursements are gaining favor in various industries and sectors. They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting...

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Auto Debt Set Records Before Potential Coronavirus Impact Hits
Auto Debt Set Records Before Potential Coronavirus Impact Hits
June 09, 2020  |  Debt

Trouble may be brewing in the key auto finance sector in the months ahead amid the economic fallout from the coronavirus, despite a drop in...

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Why Wells Fargo Braked On Loans To Independent Auto Dealers
Why Wells Fargo Braked On Loans To Independent Auto Dealers
June 03, 2020  |  Loans

The coronavirus has idled all sorts of lending, as banks and other financial services firms eye consumers with wariness. Unemployment, after all, has skyrocketed, indicating that...

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Household Debt Exceeds $14T After 2019 Spike
Household Debt Exceeds $14T After 2019 Spike
February 11, 2020  |  Debt

Household debt in the U.S. has reached a 12-year high, rising more than $600 billion last year –the highest since right before the financial crisis...

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JPMorgan Moves Forward With Blockchain Vehicle Tracking System
JPMorgan Moves Forward With Blockchain Vehicle Tracking System
November 25, 2019  |  B2B Payments

The wholesale car financing arm of JPMorgan Chase is putting together a plan to finance the creation of a blockchain-based automobile inventory system, The BlockCrypto...

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Why Social Data Is Key To Personalizing The CU Experience
Why Social Data Is Key To Personalizing The CU Experience
June 20, 2019  |  Credit Unions

Whether they're approving loan applications or targeting products and services, CUs are increasingly relying on data analytics to help with everyday decisions. But looking at...

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Credit Cards, Auto Loans Drive Better Than Expected Earnings For Wells
Credit Cards, Auto Loans Drive Better Than Expected Earnings For Wells
April 12, 2019  |  Earnings

Wells Fargo came through with a better than expected earnings report on Friday morning (April 12) before the market opened. Revenue came in at $21.609...

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