Weekly Wrap: Cryptocurrency 101 for auto lenders, and asset recovery

Last week’s look at the asset recovery industry showed that repossession companies have yet to see repo volume return to pre-pandemic levels. Meanwhile, blockchain and cryptocurrency company Carnomaly said last week it would enter the auto finance market by yearend. In this week’s episode of the Weekly Wrap, Auto Finance News Associate Editor Amanda Harris and Editor Joey Pizzolato discuss the basics of cryptocurrency with special guest Jaspreet Kalra, associate editor of Bank Automation News, who breaks down everything auto lenders need to know about decentralized finance.