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Top 3 trends highlighted in Experian’s annual Identity and Fraud Report
Wednesday, Sep. 4, 2024, 12:11 PM
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Survey: Americans want more transparency about AI usage
Wednesday, Aug. 28, 2024, 12:39 PM
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Sunbit on track for more BNPL financing growth at dealerships with myKaarma integration
Wednesday, Aug. 28, 2024, 12:41 PM
New-car APR down from October, but still at 6%
Monday, Dec. 3, 2018, 05:07 PM
Auto Fin Journal Staff
Thanks to some zero-percent finance deals around the Thanksgiving holiday, the annual percentage rate on new-car financing decreased a bit from October to November, according to Edmunds. But the new-car APR is up more than a percentage point from November ... [Read More]
Vehicle Passport uses blockchain to organize complete history
Wednesday, Nov. 28, 2018, 03:27 PM
Auto Fin Journal Staff
SHIFTMobility is looking to leverage blockchain technology to bring together everything that’s happened to a vehicle into a single solution. With that goal in mind, the provider of blockchain powered connected shop solutions recently released a tool called Vehicle Passport. ... [Read More]
3 findings from Capital One Auto Finance survey
Tuesday, Nov. 20, 2018, 05:25 PM
Auto Fin Journal Staff
Mingled within rounds of Thanksgiving feasts, consumers likely will be purchasing an array of items, confidently leveraging discounts from a variety of retailers. But when it comes to buying a vehicle during the holiday weekend, Capital One Auto Finance found ... [Read More]
J.D. Power study reinforces mobile app is vital to auto finance satisfaction
Tuesday, Nov. 20, 2018, 05:22 PM
Auto Fin Journal Staff
When finance companies had an app for that, they scored better on the J.D. Power 2018 U.S. Consumer Financing Satisfaction Study. According to J.D. Power, a well-designed mobile app has become one of the most critical drivers of customer satisfaction ... [Read More]
Survey: 80% of consumers want access to and control of their vehicle data
Wednesday, Nov. 7, 2018, 05:06 PM
Auto Fin Journal Staff
Modern vehicles generate literally thousands of data points that can be valuable to dealerships, finance companies and other service providers. It appears gaining access to that information is a growing concern for vehicle owners. More than 8 in 10 U.S. ... [Read More]
Dates set for Automotive Intelligence Summit 2019
Monday, Nov. 5, 2018, 04:59 PM
Auto Fin Journal Staff
Used Car Week 2018 is straight ahead. Along with finalizing plans for the industry-leading gathering in Scottsdale, Ariz., Cherokee Media Group also is preparing to build off of the sterling foundation established during the inaugural Automotive Intelligence Summit. Experts and ... [Read More]
New Dealertrack platform designed to streamline buying and financing
Monday, Nov. 5, 2018, 04:53 PM
Nick Zulovich, Senior Editor
Technologically forward consumers often order their coffee ahead of time and pick it up at the counter, spending less time in the shop than it took you to read this sentence. Well, Dealertrack wants to help dealerships and finance companies ... [Read More]
Carvana’s latest moves involve Ally for funds and Disney for laughs
Friday, Nov. 2, 2018, 02:33 PM
Auto Fin Journal Staff
Two developments surfaced on Friday involving Carvana; one involving a serious amount of financing capacity and the other much more light-hearted as an effort to drum up interest in the online used-vehicle retailer. First the funds as Ally Financial announced ... [Read More]
Darwin launches pilot of Amazon-like F&I platform
Wednesday, Oct. 31, 2018, 03:30 PM
Auto Fin Journal Staff
Platforms like Amazon give consumers the pathway to purchase everything from mechanical pencils to a drone in the middle of the afternoon or night with just a few swipes on a smart device. Now Darwin Automotive is putting F&I software ... [Read More]
Former CDK Global exec to lead Equifax auto segment
Monday, Oct. 29, 2018, 02:06 PM
Auto Fin Journal Staff
Equifax has a new leader for its automotive endeavors. On Monday, Equifax named Byron McDuffee as automotive general manager to be responsible for leading the company’s automotive business, focusing on expanding enterprise solutions sales opportunities within the automotive market, as ... [Read More]