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auto loans
Tricolor CEO Daniel Chu [Sources: Tricolor, artishokcs/istockphoto, DI Studio]
Tricolor CEO Highlights AI Innovation as a ‘Breakthrough’ Tool to Advance Financial Inclusion for Underserved Hispanic Customers
by Lance Murray | Apr 6, 2023
Tricolor, the largest used vehicle retailer to the Hispanic market in the US, has secured a new patent for its innovative AI tool called Automás. The tool lets customers self-select and finance vehicles, generating offers for different models and financing terms with machine learning. A unique feature of Automás is that it empowers customers to customize their own financing terms within the parameters of the system-generated offer.
by David Kirkpatrick |
Jan 4, 2022
Bedford-based Payix was acquired by Atlanta's Repay Holdings Corp. to boost its position in the hot buy-now-pay-later market.
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by David Kirkpatrick |
Feb 6, 2020
Tricolor uses an AI-powered model that takes into account nontraditional attributes for no-credit and low-income subprime auto loan customers.
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by Lance Murray |
Feb 6, 2020
In this weekly roundup of funding, merger and acquisition activity in North Texas, you’ll also find news from Worlds, Tricolor, Puration, Atos, Kriya Capital, Kofile, and more.
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