Mixed Results in Q1 Auto-Finance Digital Use
Lenders see digital adoption growth mirrors vehicle sales; secondary markets show stronger rate with securitization.
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Lenders see digital adoption growth mirrors vehicle sales; secondary markets show stronger rate with securitization.
Auto lenders, securitization providers continue adoption of digital assets, workflows, but industry headwinds could slow progress.
Digital adoption and conversion of back-office processes from paper to digital has continued this year, despite slowing auto sales compared to last year.
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