How Do Insurance Companies Prepare for Autonomous Future?

  • Emma Sandler
  • June 22, 2017
It’s clear that insurance companies will undergo a significant change once autonomous vehicles hit the road; but how exactly those firms will adapt is still unclear. However, that doesn’t mean that insurance companies aren’t involved in the discussions over insuring the autonomous vehicles currently being tested on the roads, according to panelists at a Reuters Newsmakers event Tuesday, […]

Experts Weigh in on Autonomous Vehicle Ownership and Financing

  • Emma Sandler
  • June 21, 2017
Auto financing is here to stay when autonomous vehicles arrive on the road, but private ownership may be mixed in with fleet operators like rideshares or OEMs, according to panelists at a Reuters Newsmakers event yesterday, titled Self-driving cars: the Future of Autonomous Vehicles. The experts were asked by Mobility Finance what the model of ownership will […]

Future of Mobility, Part II: Rise of AVs Means Decline in Loan Volumes

  • Emma Sandler
  • June 20, 2017
With the rise of autonomous vehicles, loan volumes, as well as underwriting procedures, are posed to undergo a significant change. A Deloitte study explored the possible impact of self-driving vehicles on auto finance, and found that $500 billion in new loans and leases are originated annually, with 86% of new car purchases and 55% of used ones relying on […]

Future of Mobility, Part I: Who Will Own Vehicle Finance Data?

  • Emma Sandler
  • June 19, 2017
There have been countless discussions surrounding data and autonomous vehicles — everything from how much data they will consume to how much data they will produce. But who will own the car financing data is still unclear. A Deloitte study explored the possible impact of self-driving vehicles on auto finance, and determined that autonomous vehicles can dramatically change the […]

moovel’s Latest Tech Brings Company Closer to Dominating Future Transit Payments

  • Emma Sandler
  • June 19, 2017
moovel, a provider of multi-modal transportation solutions, launched a mobile fare validation and calculation platform called Fare Connect last week, bringing the company one step closer to becoming the single point of entry and payment for all transit options in the future. Fare Connect is a hardware agnostic service that allows transit agencies to implement new fare validation systems, […]
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