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FCA reminding motor finance firms about maintaining adequate resources
The Financial Conduct Authority is reminding motor finance firms about their requirement to maintain adequate financial resources at all times, in the light of several lenders reserving millions of pounds in case of widespread compensation demands after the review of car loan commissions.
Dixon and Freeman set to add AI to their automotive offerings
Digital transformation advisory ELLA Digital, led by former GForces director Jamie Dixon and former Vauxhall and PSA Group executive Andy Freeman, has signed a strategic partnership with conversational AI provider Conversica.
10 Minutes With...Bill Fennell, chief ombudsman at The Motor Ombudsman
AM interviews Bill Fennell, head of The Motor Ombudsman, who discusses the heighted regulatory scrutiny, the watchdog's plan to introduce artificial intelligence to manage an ever-increasing case load and the ombudsman's role in the adoption of EV technology.