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Manage Consumers’ Credit Expectations to Avoid Conflict

Manage Consumers’ Credit Expectations to Avoid Conflict

Ted Craig Apr 23, 2018 Financial News

Consumers buy with their hearts, not their minds. That is the best way to sum up the findings of a recent Equifax survey, said Rebecca Kritzman, the ...

CFPB Fines Wells Fargo for Auto Insurance

CFPB Fines Wells Fargo for Auto Insurance

Staff Writer Apr 23, 2018 Legal News

The Consumer Financial Protection Bureau announced a settlement with Wells Fargo Bank N.A. in a coordinated action with the Office of the Comptroller ...

Carvana Buys Shark Tank-Funded App

Carvana Buys Shark Tank-Funded App

18-04-2018 547 BHPH News Staff Writer - avatar Staff Writer

Carvana Co. has acquired fellow technology innovator Car360, accelerating Carvana’s 360-degree photo technology capabilities with 3D computer vision and augmented reality. More than five years ago, Carvana introduced a 360-degree used vehicle digital tour, showcasing each car’s features and imperfections in high resolution, all powered by proprietary technology and patented photo studios. Car360 has taken the concept mobile, enabling app-based photo capture and even more immersive viewing capabilities. An early version of Car360 launched in 2012 as a 360-degree panoramic video app called Cycloramic, and at one point became the No. 1 downloaded app on the Apple App Store with more than 20 million downloads. In 2013, the app caught the attention of Mark Cuban on Shark Tank, leading to an initial investment that eventually increased as part of a $3.55 million Series A financing round for Car360 in 2017.

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