New Autonomous Vehicle Laws in Michigan Are ‘Thrilling’ for Industry, Expert Says

The legislation around driverless cars (or the absence of it) is one of the main concerns among manufacturers and software companies that operate in the field. But the newest set of bills – signed into law by Michigan Governor Rick Snyder last week – are set to change that. Starting Friday, Michigan allows for the […]
  • Diana Asatryan
  • December 13, 2016
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PolySync to Democratise Autonomous Research with Open Source Platform

In the tech world, open-source software is an increasingly popular model for developers to share and learn through collaboration, and thus drive innovation. Not so much in the auto world. But a Portland, Ore.-based software startup is set to change that. PolySync, which develops next generation software for autonomous cars, announced the launch of Open […]
  • Diana Asatryan
  • December 12, 2016
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Collaborate to Innovate Mobility, Expert Says

Cross-pollination between tech companies and auto manufacturers is no longer optional, it’s a “necessary,” Michael Macauley, chief executive of Quadrant Information Services, cautioned. “As cars become devices that we drive or don’t drive, and devices become more integrated with our transportation experience across modes,” the two industries need to learn to work together rather than […]
  • Diana Asatryan
  • December 9, 2016
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Behavioral Analytics Trim Risk, Experts Say

If you are not at least exploring behavioral analytics in credit decisioning, you are lagging, according to Ray Antunez, credit risk manager at U.S. Auto Credit Corp. “What you start with is just going to be the information on the credit application, but you still need to at least make an effort to get out […]
  • Diana Asatryan
  • May 13, 2016
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What Makes a Mobile App Great?

Bank transactions are shifting rapidly from brick and mortar branches to mobile devices (no, really, when was the last time you’ve physically deposited a check?). Having a mobile app used to be a lovely addition to lenders’ offerings, but for many customers today those apps are the primary method of communication with their finance providers. […]
  • Diana Asatryan
  • April 29, 2016
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Customer Engagement: What’s the Value for Auto Finance?

Many auto companies have been up-to-speed with recent trends in customer engagement, using blogs, Twitter, and Snapchat as marketing and customer service tools. As car companies continue to nurture digital communities around their brands, should their financing arms be replicating this strategy? Auto finance is not an easy topic to create an engaged community around, […]
  • Diana Asatryan
  • April 20, 2016
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Mobility Trends Set to Transform Auto Finance

Consumers’ rapid shift to mobile devices has shaped their expectations of products and services in their day-to-day lives. Mobility trends have certainly penetrated the car market, and are on the way to changing the auto financing model too, experts say. Even though many of the trends will not be immediate, the industry should be prepared, […]
  • Diana Asatryan
  • April 15, 2016
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Top 6 Reasons Some Fear the Next ‘Big Short’ in Subprime Auto

LAS VEGAS — The Big Short, the tale about the investors that made bank predicting the mortgage crisis in 2008, left many wondering whether a real-life “sequel” is unfolding right now in the subprime auto finance space. The fears of a subprime bubble certainly did not appear out of thin air. Experts highlighted the reasons for the […]
  • Diana Asatryan
  • April 8, 2016
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Top 6 Financier Apps to Check Out

Mobile apps have penetrated virtually every industry there is, from food delivery services to online dating. Financial services, and auto finance in particular, are not an exception. The challenge: to design a banking app “cool” enough to reserve a spot in your customers’ smartphones. Here are six apps that would get a seat in my […]
  • Diana Asatryan
  • April 1, 2016
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