Post Tagged with: "technology"

Demystifying the ‘Cloud’

Demystifying the ‘Cloud’

“Cloud” is a popular buzzword that generally makes people wonder, what is it? Where does it happen? Is it actually a cloud? Where is my data stored? Is it safe? It’s totally normal to have these questions when researching potential technology partners! Let’s explore the cloud, and how storing dataRead More

What Blockchain Means for Fleet Management and Auto Finance

What Blockchain Means for Fleet Management and Auto Finance

Fleet management of autonomous vehicles has gained traction over the past year, as more companies pivot their business models to accommodate this change in mobility. So, what does this mean for auto finance? Blockchain is set to play a huge role in fleet management, according to the report Blockchain @ Auto FinanceRead More

Digital Tools Help Lenders Book Loans Lost in Paper Deals

Digital Tools Help Lenders Book Loans Lost in Paper Deals

The key to closing the gap and establishing trust between dealers and lenders is technology, said Theodore Papailion, director of value engineering at eOriginal, during a webinar called “How to Enhance Vehicle Finance Processes and Operations” hosted by eOriginal. The paper process during a transaction is a challenge lenders faceRead More

Digital Labor Defined and Applied in Auto Finance

Digital Labor Defined and Applied in Auto Finance

Digital labor technologies, like robotic process automation (RPA) and artificial intelligence (AI) have the potential to transform the delivery of processes in the front, middle, and back offices of financial institutions. While 44% of enterprise global banking, financial services, and insurance global enterprises surveyed by HfS and KPMG planned onRead More

Online Identification: Do Your Consumers Need a VIN?

Online Identification: Do Your Consumers Need a VIN?

Few would dispute the auto-buying decision journey is switching into high gear digitally, with research from IHS suggesting consumers spend roughly 60% of their time researching makes and models online, versus 35% at the dealership. Using the VIN to uniquely identify a car, consumers use various online tools to checkRead More

Could the Car be the Next New Channel for Engagement? [Sponsored]

Could the Car be the Next New Channel for Engagement? [Sponsored]

Few would disagree with the notion that the only thing changing faster than technology is consumer expectations.  When it comes to auto finance there is an expectation that lenders be accessible to the borrowers through a variety of channels and reach them in step with the fast-paced way they liveRead More

Smiling young couple shaking hands with an insurance agent or investment adviser

Originating Engagement: What Consumers Want From Lenders [SPONSORED]

Contrary to popular belief, a recent Fiserv study found that a majority of borrowers are not asking for a completely online experience when it comes to getting their next auto lease or loan. Instead, they’re looking for a more supportive level of engagement with their lender, including the ability toRead More