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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

PNC to acquire BBVA in $11.6B all-cash deal

PNC_BBVAUSA_Final_Infographic for web
Auto Fin Journal Staff
Should federal regulators give the same approvals both company boards already have, PNC Bank is set to become the fifth-largest bank in the U.S. based on assets and deposits. On Monday morning, PNC Financial Services Group and the Spanish financial ... [Read More]

LexisNexis Risk Solutions to pull mileage & more from connected vehicles for enhanced solution

lexis nexis screenshot for web
Auto Fin Journal Staff
Connected vehicles are giving LexisNexis Risk Solutions the path to provide more information to its clients, which can be crucial when a total-loss claim is in motion. The provider of data, analytics and technology for insurance recently announced the inclusion ... [Read More]

Xtime teams with Sunbit for additional payment options in dealer service departments

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Auto Fin Journal Staff
Xtime is continuing to make inroads to help dealerships work with their service-drive customers who might need assistance in paying for vehicle repairs — especially as pandemic impact lingers. The software service solution now is collaborating with Sunbit, the technology ... [Read More]

CUNA Mutual Group bolsters auto fintech capabilities with two acquisitions

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Auto Fin Journal Staff
CUNA Mutual Group ventured deeper into the automotive and fintech worlds this week by acquiring one of this year’s Emerging 8 honorees. The mutual insurance holding company acquired ForeverCar, the Chicago-based start-up company that protects vehicle owners from expensive repairs ... [Read More]

Market Scan expands business development team with two former Cox executives

executive boardroom
Auto Fin Journal Staff
Market Scan welcomed a pair of former Cox Automotive executives this week that the Sofware-as-a-Service solutions and data provider said will help to realize its enterprise solutions’ growth strategies. Coming aboard are Damon Bennett as vice president of business development ... [Read More]

TD Auto Finance appoints Womack as president & CEO

marc womack with logo for web
Auto Fin Journal Staff
After being with the finance company for the past seven years, Marc Womack now is president and chief executive officer of TD Auto Finance. According to a news release from TD Bank distributed on Thursday, Womack will oversee the expansion ... [Read More]

CDK names Garen as chief information officer

Garen CDK Global for web
Auto Fin Journal Staff
With a background in the banking, financial services, investment and medical industries, CDK Global welcomed its new chief information officer on Thursday. Taking on the role of CIO for the automotive retail technology company is Kirsten Garen who also will ... [Read More]

Shred-it report details depth of data-breach rise among large firms & small businesses

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Auto Fin Journal Staff
Shred-it discovered noticeable jumps since 2017 in both corporate executives and small-business owners reporting that they experienced a data breach. The information security service provided by Stericycle announced the findings when Shred-it released its 10th anniversary edition of the Data ... [Read More]

Capital One among latest investors pushing $13M into Lightico

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Auto Fin Journal Staff
Lightico not only is gaining more clients, but the platform built so customers can interact digitally with auto-finance companies and other financial services firms is securing more funding resources, too. On Tuesday, Lightico announced a $13 million investment led by ... [Read More]

MUSA Auto Finance lands 2 partners to enhance leasing platform

musa image for web
Auto Fin Journal Staff
MUSA Auto Finance is looking to capitalize on the leasing market, especially with more happening digitally nowadays. This week, MUSA Auto Finance announced plans to expand both its new- and used-vehicle leasing platform nationwide through a partnership with two large ... [Read More]

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