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Author: Melissa Tello

The Value of User Experience When Managing Risk

Much has been written about the rise of machine learning and artificial intelligence and how it will impact the auto lending industry. While there has been a significant amount of hype, the promise of artificial intelligence is simply game changing. The most obvious application is

The Utility of Current ML and AI Tools in Auto Lending

Auto dealers have heard the hype about how machine learning (“ML”) and artificial intelligence (“AI”) are going to transform their businesses. Typically, there are usually two binary outcomes that are discussed. On one hand, the promise of the future seems so bright. Instead of relying

IBM Study Reveals 62% Of Automotive Execs Believe In Blockchain

Though blockchain use is still in its infancy in the automotive industry, a handful of companies are pioneering its adoption, believing that the technology will radically transform the sector. According to a new study by IBM, 62% of automotive executives are convinced that blockchain will be a

Changing The Automobile Industry Through Blockchain

The car industry is going through a seismic shift as we change our relationship with the open road. Electric cars are here, full autonomy is on the way, ride sharing schemes could consign the very concept of ownership to history and we’re set to see

CarMax record Q1 illustrates used-car market strength

A big jump in vehicle sales helped propel used-vehicle retailing giant CarMax Inc. to record profits in its fiscal first quarter ended May 31. The nation’s largest used-vehicle retailer reported Friday that net income rose 12 percent to $266.7 million, a first-quarter record. Net sales

Aclaró Approved as a Microsoft Partner

Aclaró, an Artificial Intelligence Fintech company that develops Machine Learning tools for companies in the financial industry, recently announced game-changing news that validates its mission of helping small to medium banks and financial companies compete with larger competitors. As part of its efforts to deliver