The Power of Pricing Optimization in a Tumultuous Auto Finance Landscape
April 13, 2023 | 2:00 p.m. ET
The perfect storm has arrived in today’s auto finance market. Digitalization, inflation, increasing cost of funds, and evolving consumer expectations have created a lot of chaos, while urging technological and strategic shifts across the entire auto finance industry. Adding to these tumultuous times, a wave of car loan defaults is starting to emerge.
Such a climate may give some auto lenders a reason to raise prices or pause and regroup to avoid undue risk exposure, even at the expense of eroding market share and declining revenue.
The solution lays in finding “smart pricing” strategies and the right tools to support them.
Join Will Ely, Solutions Architect, and Michael Wright, Product Marketing Head, to learn how you can be smarter and faster with your pricing strategies while reducing overall portfolio risk and driving profitability. We will show you how to deploy price updates as often as 2-3 times per week and reduce the percentage of unprofitable loans in your portfolio.
Topics in the spotlight:
- Maintaining balance between volume, profitability and competitiveness;
- Fundamentals of intelligent dynamic pricing using AI-driven technology;
- Pricing optimization and automation for competitive advantage;
- Proactively assessing the effects of the market changes on your total portfolio;
- Reacting to competitive changes quickly and intelligently.
Webinar | The Power of Pricing Optimization in a Tumultuous Auto Finance Landscape
Apr 04, 2023
The Power of Pricing Optimization in a Tumultuous Auto Finance Landscape
April 13, 2023 | 2:00 p.m. ET
The perfect storm has arrived in today’s auto finance market. Digitalization, inflation, increasing cost of funds, and evolving consumer… Read the rest
AFSA Comments on CFPB Registry Rule
Apr 03, 2023
On April 3, 2023, AFSA submitted a comment letter to the Consumer Financial Protection Bureau (CFPB) relating to its proposed rule creating a registry of contract terms (such as arbitration provisions) used by supervised non-bank financial… Read the rest
Featured Business Partner | Fortegra
Apr 01, 2023
Fortegra is the Featured Business Partner for April.
For more than 40 years, Fortegra and its subsidiaries have delivered risk management solutions that help people and businesses succeed in the face of uncertainty.
Our diverse and comprehensive… Read the rest
AFSA Responds to CFPB’s Proposed Nonbank Registry
Mar 31, 2023
Today, AFSA responded to the CFPB’s proposed nonbank registry related to enforcement. The proposed rule would require nonbank-covered persons to register and submit specific information to the proposed registry regarding… Read the rest
WATCH TODAY | Digital Solutions Make Easier Payments Possible
Mar 30, 2023
Join us TODAY at 2:00 p.m. ET for Digital Solutions Make Easier Payments Possible, presented by REPAY.
Keeping up with evolving consumer payment preferences can seem like an impossible task.
Join Stacey Precour, Senior Sales Executive, … Read the rest
AFSA Submits 1071 Letter to House Committee
Mar 29, 2023
Yesterday, the House Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a hearing to consider the Consumer Financial Protection Bureau’s (CFPB) rulemaking on Section 1071 of the Dodd-Frank Act. The rule will… Read the rest
Breakfast & Breakouts
Mar 29, 2023
Start your Thursday morning at the 2023 Independents Conference & Expo with your choice between two educative, exciting sessions, along with a bite to eat, thanks to our sponsor, FIMC.
Over the past year, with state and federal policymakers… Read the rest
LISTEN | Industry Icon Darcy Locke
Mar 28, 2023
AFSA is celebrating Women’s History Month with a special Extra Credit Podcast series, Industry Icons, featuring outstanding female leaders in the consumer credit industry. This episode features Darcy Locke, Vice President, Head… Read the rest
PayNearMe, Allied Business Systems Partner to Offer Lenders Wide Range of Options
Mar 23, 2023
PayNearMe and Allied Business Systems Partner to Offer Lenders a Wide Range of Modern Bill Pay Options With a Single Integration
PayNearMe, a fast-growing fintech company radically improving the customer payment experience, and Allied… Read the rest
Cox Automotive experts present Q1 market trends, forecasts
Mar 23, 2023
Cox Automotive experts to present Q1 2023 market trends and industry forecasts
The Cox Automotive Q1 Industry Insights and Forecast Call will be held on Monday, March 27, 11 a.m. EDT, shortly before the auto industry closes the book on the first… Read the rest