Many auto lenders are in a veritable pressure cooker, faced with shifting consumer demands and ongoing supply chain constraints while trying to find new ways to drive conversion and acquire new customers in an uncertain market.
In today's technology-driven world — where fraudsters have become more sophisticated and consumer expectations have evolved — adapting to the digital shift is imperative for auto dealers.
From saying "yes" to more customers to reducing friction and helping to lessen the chance of fraud, tapping into additional data throughout the lending process can help lenders stay competitive and drive more confident lending decisions along the way.