Ally Financial names Rhodes as CEO
Ally Financial named a new chief executive today, ending a three-month search. Michael Rhodes, CEO, Ally Financial Michael Rhodes will take the...
Credit Acceptance Corp. launches RTP with Citizens
Credit Acceptance Corp. went live Dec. 19 with real-time payments for its dealer base through a partnership with Citizens Financial Group. Dealers...
BECU rolls out same-day payments for dealers
BECU has rolled out same-day payments for its dealer partners as the credit union looks to increase funding speed as dealer...
Lenders using AI-based underwriting must comply to CFPB guidance
The Consumer Financial Protection Bureau has doubled down on adverse action requirements for lenders using AI-based underwriting with new guidance, marking a...
Lenders should implement these 2 technologies now
Regulatory technology and fraud prevention are two areas that financial institutions should be investing in now to reduce losses and...
JPMorgan using AI to combat financial crimes
SAN FRANCISCO — JPMorgan Chase is investing in artificial intelligence to combat fraud and financial crimes as the $2.5 trillion bank looks to increase...
Redefining what it means to be a ‘community’ bank
SAN FRANCISCO — Regional banks and credit unions should redefine what it means to be a “community” financial institution when...
Applications open for 2023 Demo Challenge
Auto Finance News, a sister publication of Bank Automation News, is pleased to announce that applications are now open for the 2023 Demo...
Equifax completes credit database cloud migration
Consumer credit reporting agency Equifax finished migrating its credit database to the cloud in mid-January as part of a five-year, $1.5 billion...
Evaluating competency is key to hiring process, ex-Google recruiter says
ORLANDO, Fla. — Evaluating a candidate’s competency is key to the hiring process, and a step that financial institutions must...
