SCHAUMBURG, Ill., May 30, 2024--With new vehicle inventory rebounding and some manufacturers continuing to offer incentives, consumers are shifting back into the new vehicle market—resulting in a notable impact on lender market share. According to Experian’s State of the Automotive Finance Market Report: Q1 2024, captives’ market share for new vehicle financing jumped to 61.75%, its highest level since 2010. Meanwhile, banks declined from 23.36% to 20.65% year-over-year and credit unions went fr
Reward, an industry leader in customer engagement and commerce media, today announced that Experian, a FTSE50 company, the world's leading global information services company, has acquired a strategic stake in the company. As part of the investment, Kashif Aslam, (Head of Corporate Development at Experian), will join the Reward board of directors with immediate effect.
COSTA MESA, Calif., May 22, 2024--Experian Ascend Technology Platform™ enhancements bring together software tools for analytics, credit decisioning and fraud into a single interface.