Experian spots surge happening within EV financing
Thursday, Dec. 5, 2024, 11:18 AM
Axos Bank partners with Way.com to offer more benefits for customers who have refinanced vehicles
Wednesday, Dec. 4, 2024, 11:55 AM
ValidiFI partners with DigiFi to create automated, streamlined credit decisioning
Wednesday, Dec. 4, 2024, 11:55 AM
ACH Network volume climbs for 4th year in a row
Wednesday, Feb. 20, 2019, 02:48 PM
Auto Fin Journal Staff
NACHA highlighted the ACH Network, an electronic payment system that safely and reliably moves tens of billions of payments annually, generated another milestone in 2018. Officials indicated payment volume climbed by almost 1.5 billion payments, marking the fourth straight year ... [Read More]
Cox Automotive whitepaper identifies rub over accurate dealer pricing
Friday, Feb. 15, 2019, 03:47 PM
Auto Fin Journal Staff
Dealers probably know this sequence all too well. A walkaround and test drive of a vehicle both went well, and the financing process advanced to the point where the potential buyer sees what the monthly payment could be. Then customers recoil, ... [Read More]
Hyundai’s financial success with AI and blockchain in South Korea sets stage for possible global deployment
Thursday, Feb. 14, 2019, 02:32 PM
Auto Fin Journal Staff
Technology Hyundai is already deploying in South Korea with its financial services enterprises might be a preview of what the OEM eventually brings to the United States. During IBM Think, Hyundai Card and Hyundai Commercial, financial services subsidiaries of Hyundai ... [Read More]
AutoMotion sees subscription app surge to top of Apple Store
Thursday, Feb. 14, 2019, 02:29 PM
Auto Fin Journal Staff
Here’s an example of how search engine optimization helped a vehicle-subscription app quickly cultivate a store-leading following. AutoMotion announced on Wednesday that its Car Subscription app achieved initial consumer adoption, ranking in the top spot for car subscription shopping terms ... [Read More]
UK-based GBG acquires US-based IDology to boost global identity verification and fraud prevention capability
Thursday, Feb. 14, 2019, 02:27 PM
Auto Fin Journal Staff
GBG, a U.K.-headquartered identity data intelligence specialist, recently announced that it has conditionally agreed to acquire IDology, a U.S.-based provider of identity verification and fraud prevention services. The company said the all-cash transaction is for $300 million. IDology is a ... [Read More]
Studies: More operational changes ahead in 2019 with machine learning, big data and blockchain
Wednesday, Feb. 13, 2019, 04:11 PM
Auto Fin Journal Staff
A recent survey conducted by TD Bank showed treasury and finance professionals anticipate more operational challenges in 2019 than in previous years. And a separate analysis distributed by Frost & Sullivan highlighted that technologies such as machine learning, big data and ... [Read More]
GM Financial collaborating with Spring Labs to curtail fraud
Tuesday, Feb. 12, 2019, 03:10 PM
Auto Fin Journal Staff
GM Financial is enhancing its efforts to ensure the individuals signing contracts with the captive are in fact who they say they are. This week, GM Financial announced its collaboration with Spring Labs as part of its Spring Founding Industry ... [Read More]
LMP Automotive Holdings and DriveItAway partner to get cars to Uber and Lyft drivers
Tuesday, Feb. 12, 2019, 03:08 PM
Auto Fin Journal Staff
LMP Automotive Holdings (LMP) and DriveItAway are working together to get vehicles to drivers who are working for Uber and Lyft. LMP has made its vehicles available on the DriveItAway platform to Uber and Lyft drivers in Florida. DriveItAway is ... [Read More]
PODCAST: Update on GM Financial with Kyle Birch
Monday, Feb. 11, 2019, 07:00 PM
Auto Fin Journal Staff
During the Vehicle Finance Conference hosted by the American Financial Services Association this past January in San Francisco, Nick had the opportunity again to sit down with Kyle Birch, executive vice president and chief operating officer for North America at ... [Read More]
Fintech collaboration to continue during 2019 Automotive Intelligence Summit
Thursday, Feb. 7, 2019, 02:12 PM
Auto Fin Journal Staff
How fintech is going to be the technological solder that binds dealerships, finance companies and consumers into an even stronger relationship permeated discussions at a host of annual automotive events late last month in San Francisco. Cherokee Media Group is ... [Read More]