The Earnix Blog: Resources for Insurance and Banking Leaders
March 28, 2023
By Luba Orlovsky
To make a cake, you need to have specific ingredients: eggs, milk, flour, etc. The same applies to a model, you need to have variables such as age, tenure, and price.
March 23, 2023
By Earnix Team
March 1, 2023
By Will Ely
It’s a tough time to be an auto lender. Not only is the total auto loan amount financed decreasing, but in the third quarter of 2022, loan originations fell to their lowest levels since 2013.
November 17, 2022
By Earnix Team
Against a backdrop of high interest rates, supply chain issues, changes in the mix between new and used vehicles, increasing regulatory pressures, and general economic uncertainty, there is no question that the auto financing landscape is more competitive than ever.
September 20, 2022
By Earnix Team
Rising inflation, supply challenges and a decline in new automobiles available for sale are challenging the traditional Captive OEM business. Fierce competition from banks, credit unions and data savvy Fintechs is contributing to the plunging new car loan volume and the overall Captive’s market share erosion.
August 15, 2022
By Earnix Team
In order to capture the full business value of their efforts, financial services firms need to take a more holistic view of transformation. They need to ensure that they are covering the entire customer lifecycle, and that the effort encompasses the entire organization. Only then can they become truly connected, agile, and resilient.