AUSTIN, Texas, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), a leading provider of automotive lending enablement and risk analytics solutions for financial institutions, today announced the appointment of Anthony Capizzano as Chief Growth Officer, effective January 5, 2026. In this role, Capizzano will be responsible for advancing Open Lending’s growth strategy and supporting the Company’s ongoing focus on serving lenders nationwide. Capizzano b ...

Core Viewpoint - 易鑫集团 (02858.HK) has experienced a significant upward trend, with a recent increase of over 5% and a total rise of more than 22% in the past three days, leading to a market capitalization of 21 billion HKD [1]. Group 1: Recent Developments - The Hong Kong Stock Exchange launched its first index, the Hong Kong Stock Exchange Technology 100 Index, on December 9, and 易鑫集团 has been included as a constituent stock [1]. - The company announced a renewed strategic cooperation agreement with 精真估 (a subsidiary of Tencent) for used car services, effective from January 1, 2026, for a duration of three years [1]. Group 2: Financial Performance and Recommendations - 方正证券 released a research report highlighting 易鑫集团 as a leading third-party automotive finance company, noting the significant success of its used car strategy and high-priced used car business, which supports the company's performance [1]. - The report anticipates continued high growth in the company's performance for the second half of the year and emphasizes the company's commitment to shareholder dividends, giving it a "strongly recommended" rating [1].

Core Insights - FUTR Corporation has expanded its data connectivity to approximately 70% of the U.S. franchised auto retail market, enhancing dealer activation capabilities and consumer experience [2][3] - The company now connects to around 11,000 U.S. franchised dealers, significantly reducing friction in onboarding dealers and consumers, and scaling its Payments 2.0 platform [3][4] - FUTR's technology stack improvements, including a partnership with Tax Max, position the company to grow its dealer network from over 250 dealers currently [4] Company Overview - FUTR builds high-fidelity AI systems and next-generation payment infrastructure aimed at unlocking consumer financial potential across various industries [6] - The Payments 2.0 platform is designed to automate payment processing, manage document workflows, and support real-time reporting, ensuring regulatory compliance and consumer protection [5] Product Features - The Payments 2.0 technology suite includes features such as a self-serve consumer portal for managing auto loan costs, an intelligent document vault for storing contracts, and AI-powered contract insights [8] - The platform also offers smarter payment workflows and fast identity checks using real-time system data, enhancing the overall consumer experience [8]

三季度易鑫集团业务保持快速增长势头，3Q公司合计实现汽车交易量23.5万笔/yoy+22.6%，业务表现显 著强于行业(3Q25我国新车及二手车总销量yoy+11.0%)，公司3Q25融资总额达212亿元/yoy+14.6%。 业务结构看：二手车战略稳步推进、3Q二手车融资额占比达57%，金科业务规模延续高增态势 智通财经APP获悉，方正证券发布研报称，易鑫集团(02858)披露2025年三季度业务更新情况。该行认 为，公司作为第三方汽车金融领军企业，一方面公司二手车战略成效显著、高定价二手车业务为公司业 绩提供支撑，预计下半年公司业绩延续高增态势;另一方面公司坚持分红反馈股东、高股息特色鲜明， 给予"强烈推荐"评级。预计2025-2027E公司归母净利润分别为12.0、14.6、17.6亿元，同比+48%、 +22%、+21%;25-27E动态PE为13.1x、10.8x、8.9x。 方正证券主要观点如下： 业务总量看：三季度易鑫集团总融资额延续增长势头 公司人工智能策略按计划推进，XCall部署有望在年底前全面完成 2025年第三季度公司稳步推进XCall部署，XCall是为融资前期阶段而设的新产品，预计 ...

Core Insights - CA Auto Finance has announced a partnership with Opteven to enhance vehicle protection solutions in the UK, building on previous collaborations in France and Italy [1][4] Group 1: Partnership Details - The partnership will introduce the Total Care Warranty for customers financing vehicles through CA Auto Finance, offering tailored coverage with higher claims limits and no age or mileage restrictions [2] - This collaboration is part of a broader strategic initiative between Crédit Agricole Personal Finance & Mobility and Opteven, which includes the establishment of a joint venture focused on automobile warranty and maintenance contracts [4] Group 2: Market Context - The partnership is timely, as vehicle maintenance costs in the UK have risen by 7.9% from September 2024 to September 2025, influenced by inflation, supply chain issues, and increased labor costs [3] Group 3: Executive Insights - Opteven UK CEO Ludovic Troyes emphasized the company's strong European presence and the importance of providing tailored protection for drivers facing unforeseen challenges [5] - CA Auto Finance's Marketing Director Christian Gorton highlighted the unexpected costs associated with vehicle ownership and described the partnership as a significant business opportunity to simplify damage payments for UK drivers [5]

Core Insights - The FUTR Corporation has entered a national channel partnership with Tax Max, significantly expanding its automotive retail network by approximately 400% [1][2][3] - The partnership aims to introduce FUTR's bi-weekly auto loan payment solution to Tax Max's extensive network of dealerships across the U.S., enhancing customer satisfaction and reducing delinquencies [2][3] Company Overview - FUTR is an AI-powered consumer finance platform that allows users to manage and spend the value of their data [1][6] - The company recently launched Payments 2.0, a modern auto payments platform designed to facilitate quick onboarding for dealers [3] Partnership Details - Under the multi-year agreement, Tax Max will be the exclusive channel partner for FUTR's vehicle payment plan products within its tax and dealer service network [2][4] - The partnership is expected to run for an initial period of 36 months, with plans for future expansion as FUTR integrates more dealers and lenders [4] Tax Max Overview - Tax Max is a leading provider of tax and financial services for the automotive industry, supporting thousands of dealerships across the U.S. [7][9] - The company offers innovative programs to help dealerships optimize their operations during tax season, enhancing sales and customer experience [8][9]

More Americans are struggling to keep up with their car payments. Auto loan delinquencies have risen above pre-pandemic levels after hitting record lows during COVID — and more borrowers are now facing defaults and repossessions. A recent report from the Recovery Database Network (RDN), says more than 2.5 million cars were repossessed last year, and this year is on track to hit 3 million, the most since 2009 (1). Must Read Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and ...

Financial Data and Key Metrics Changes - Revenues for Q3 2025 were $108.4 million, an 8% increase from $100.6 million in Q3 2024 [7] - For the nine months ending September 2025, revenues reached $325.1 million, a 13% increase over $288 million in the same period last year [7] - Expenses for Q3 2025 were $101.4 million, also up 8% from $93.7 million in Q3 2024 [8] - Net income for Q3 2025 was $4.9 million, a 2% increase from $4.8 million in Q3 2024 [9] - Diluted earnings per share remained flat at $0.20 for Q3 2025, compared to the same period last year [9] Business Line Data and Key Metrics Changes - The fair value portfolio increased to $3.6 billion, yielding 11.4% net of losses [7] - Origination volumes for Q3 2025 were $391.1 million, with a total of $1.275 billion for the nine months, a 4% increase year-over-year [13] - The percentage of the portfolio from troubled 2022 and 2023 vintages is now below 30% [19] Market Data and Key Metrics Changes - The unemployment rate stood at 4.3% as of August 2025, with expectations to rise to 4.5% in 2026 [22] - The company noted increased competition from banks and credit unions, which may pressure growth [25] Company Strategy and Development Direction - The company is focusing on organic growth by adding new dealers and improving capture rates, which have increased from the high fours to over 6% [15] - A specific focus on large dealer groups has led to their originations comprising 31% of total originations, up from 17% two years ago [16] - The company aims to maintain APRs while improving margins and cutting expenses [27] Management's Comments on Operating Environment and Future Outlook - Management expressed a positive outlook for 2025, anticipating it to be the second-best year in the company's history despite modest growth [13][14] - The company is not overly concerned about a slight increase in unemployment, viewing it as a manageable risk [28] - Management highlighted that the performance of newer vintages (2024 and 2025) is showing improvement, indicating a positive trend in credit performance [19][20] Other Important Information - The company successfully completed a securitization despite market challenges, indicating stability in the market [6][25] - The total debt increased by 11% to $3.4 billion, while the fair value portfolio grew by 16%, showing improved balance sheet management [10][11] Q&A Session Summary - No specific questions or answers were provided in the transcript, as the call concluded without a Q&A segment [31]

Core Insights - The Consumer Financial Protection Bureau (CFPB) is proposing to reduce oversight of auto lenders, particularly those serving subprime borrowers, amidst rising auto loan delinquencies [1][9] - The proposed rule change would limit CFPB supervision to auto finance companies that originate over 1 million loans annually, reducing the number of supervised companies from 63 to just 5 [2][9] - Subprime auto loan delinquency rates have reached record highs, with 6.1% of such loans being 60 days or more past due in September, the highest since 1994 [3][9] Regulatory Changes - Acting CFPB Director Russ Vought's proposal aims to amend the definition of "larger participants" in the auto financing market, which could eliminate oversight of many subprime lenders [2][7] - The CFPB's current supervisory process is viewed as essential for preventing wrongdoing in the auto finance sector, and reducing oversight may hinder the bureau's ability to address market failures [4][10] Industry Reactions - Auto finance companies are advocating for the elimination of CFPB oversight, arguing that existing enforcement by the Federal Trade Commission (FTC) and state authorities is sufficient [5][13] - There is significant opposition from bank trade groups and consumer advocates, who argue that the Dodd-Frank Act mandates CFPB supervision of nonbanks to protect consumers [6][9] Case Study: Tricolor Holdings - The proposal comes in the wake of the bankruptcy of Tricolor Holdings, a subprime auto lender accused of fraud, which highlights the risks in the subprime auto loan market [7][10] - Critics argue that the CFPB's failure to supervise Tricolor effectively raises concerns about the bureau's overall oversight capabilities [8][10] Broader Economic Implications - The surge in auto loan delinquencies is seen as a potential indicator of broader economic issues and consumer weakness [11][12] - Federal Reserve Chairman Jerome Powell has acknowledged the significant losses in subprime auto credit institutions and is monitoring the situation closely [12]

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