Post Tagged with: "Toyota Financial Services"

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11 Executives Offer Predictions for 2018

IT, Operations December 28, 2017 at 9:00 am

From the expansion of mobility services to technology enhancements and continued depreciation of used-car values, a lot has been stirring in the auto finance space this year. And even more change is anticipated next year, according to some executives in the auto finance sector. Auto Finance News asked eleven executives,Read More

What Gets Measured Gets Done: Establishing Key Risk Indicators to Measure Compliance Health

What Gets Measured Gets Done: Establishing Key Risk Indicators to Measure Compliance Health

Best Practices, Compliance, Risk August 7, 2017 at 9:00 am

When we visit a doctor, we learn much about our health risk based on various measurements. Doctors check our blood pressure, heart rate, and cholesterol levels, and then compare them to medically determined acceptable rates. If our results are higher than the acceptable rates, doctors will advise us how toRead More

New Webinar Offers Tips to Make Compliance Training Fun

New Webinar Offers Tips to Make Compliance Training Fun

Best Practices, Compliance June 26, 2017 at 10:06 am

Making compliance training fun seems impossible — and expensive — but there are simple ways to alter training initiatives to engage employees without breaking the bank. That’s the upshot from the latest webinar hosted by the Center for Auto Finance Excellence entitled “Can Compliance Be Fun? Tips & Tools toRead More

Executive Roundup: How to Foster a Dynamic Company Culture

Executive Roundup: How to Foster a Dynamic Company Culture

Management, Operations November 9, 2016 at 10:21 am

In order to foster innovation in the industry, leaders agreed teams need to feel comfortable speaking up and voicing their opinions – that’s the upshot from some executives in the auto finance sector. Whether that means collaborating on a whiteboard, establishing a healthy work-life balance, or not punishing inventive ideasRead More

Security Service Credit Union Takes Top Spot in Dealer Ranking

Security Service Credit Union Takes Top Spot in Dealer Ranking

Operations October 24, 2016 at 11:05 am

For the second straight year, Security Service Credit Union took the top spot in overall performance in an exclusive ranking of dealer preferences about the finance providers they use. The survey, called the Auto Finance Performance (AFP) data query and conducted by Auto Finance News, quantifies and ranks lenders onRead More

5 Questions Your Board Should Be Asking the Chief Compliance Officer

5 Questions Your Board Should Be Asking the Chief Compliance Officer

Best Practices, Compliance, Guides September 14, 2016 at 11:46 am

As fiduciaries, board members have a responsibility to shareholders to oversee many aspects of a company’s business, including compliance with laws and regulations. Board oversight of compliance is also an expectation of federal and state regulators. As a corporate governance advisor and a current Chief Compliance Officer, I have seenRead More

Harness Startup’s Tech — A Game Winning Strategy for Lenders

Harness Startup’s Tech — A Game Winning Strategy for Lenders

IT, Operations August 26, 2016 at 12:33 pm

With the auto finance industry evolving rapidly — particularly as startups and fintech companies attempt to disrupt the space — it can be difficult for some lenders to keep up to speed with changing technology trends, said Chris Ballinger, chief financial officer and global chief officer of strategic innovation atRead More

Coping with CFPB Exams: How to Handle the Findings [VIDEO]

Coping with CFPB Exams: How to Handle the Findings [VIDEO]

Compliance, HR, Operations August 5, 2016 at 11:23 am

First comes the exam, then come the findings. And one sign of a good exam is no surprises, according to Linda Iannone, chief compliance officer at Toyota Financial Services. “By the time you get to the closing meeting, you should already know what the findings are going to be, andRead More

Coping with CFPB Exams: The Importance of First Impressions [VIDEO]

Coping with CFPB Exams: The Importance of First Impressions [VIDEO]

Compliance, Operations July 13, 2016 at 12:17 pm

Building relationships with the Consumer Financial Protection Bureau and other regulators is “so important,” said Linda Iannone, chief compliance officer at Toyota Financial Services. “We haven’t been examined by the CFPB yet, but we took a very proactive approach,” Iannone told attendees at the Auto Finance Risk & Compliance Summit in May. “AsRead More