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Hidden Risk in Reinsurance: Investment Fraud and Bank Failures

AutoDealer Today

Attorney urges reinsurance company owners and managers to actively mitigate the real and growing risks of investment manager misconduct and bank insolvency.

Banking 130
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Dealers can now offer open banking through Keyloop DMS

Motor Trader

Dealers using the Keyloop dealer management system (DMS) will now be able to offer open banking to customers. The DMS specialist has struck a deal with Vyne, the specialist open banking powered account-to-account payment provider.

Banking 105
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Paragon Bank appoints new motor finance division MD

Motor Trader

Paragon Bank has appointed Dave Wilson as Managing Director of its Motor Finance division, following Julian Rance’s retirement. His 25 year career in financial services includes work with Close Brothers, Bank of Scotland and MotoNovo Finance. Wilson joined Paragon’s Motor Finance division in 2017.

Banking 105
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Tesla investor accuses Elon Musk of insider trading that banked him $7.5 billion

Auto Blog

Filed under: Renault Continue reading Tesla investor accuses Elon Musk of insider trading that banked him $7.5 billion Tesla investor accuses Elon Musk of insider trading that banked him $7.5 billion originally appeared on Autoblog on Fri, 31 May 2024 22:57:00 EDT. Please see our terms for use of feeds.

Banking 117
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Toyota adding Apple CarPlay escape, docked menu bank as OTA infotainment update

Auto Blog

Filed under: Lexus , Toyota , Technology , Infotainment Continue reading Toyota adding Apple CarPlay escape, docked menu bank as OTA infotainment update Toyota adding Apple CarPlay escape, docked menu bank as OTA infotainment update originally appeared on Autoblog on Tue, 16 Apr 2024 08:00:00 EDT. Please see our terms for use of feeds.

Banking 110
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BMW Tuner’s 1,000 HP M3 Stolen After Bank Approves Buyer’s Fake Check

Carscoops

. “Clay” showed up with a cashier’s check valued at $75,000, and to verify its authenticity, Kiefer says he took it to a bank for inspection. The bank examined the check, confirmed its legitimacy, and deposited the funds into the seller’s account. Satisfied with this, Kiefer then handed over the keys.

Banking 116
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Tesla Robotaxis Coming With Human Teleoperators In 2025, Says Deutsche Bank

Carscoops

A new report from Deutsche Bank says Tesla plans to use remote drivers for robotaxis in 2025. On December 5, Deutsche Bank hosted an Autonomous Driving Day in New York City, featuring Tesla executive Travis Axelrod. Now, we know more about that plan based on documents from the Deutsche Bank meeting reviewed by Carscoops.

Banking 111