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This Month's Focus

Turbocharged Finance
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3 primary capabilities of PayNearMe’s AI Servicing and Collections Agent
Almost a month ago, PayNearMe acquired the technology assets and hired the key employees of Marr Labs in a move described as one that will “help shape the future of payments.” The next development in that future involving artificial intelligence ... Read More
Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
ITOCHU invests in MOTER again to leverage connected-car technology
If you didn’t believe the modern vehicles you’re financing, retailing or repairing are smartphones rolling on four wheels, perhaps this investment announcement will sway your opinion. MOTER Technologies, an artificial intelligence-powered insurtech company that delivers a connected vehicle data platform ... Read More
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
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

PODCAST: What dealers & finance companies need from one another in COVID-19 world

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Auto Fin Journal Staff
The interaction with dealerships and finance companies is likely intense as ever, especially considering how much happens online nowadays because of the coronavirus pandemic. How have dealership needs of finance companies adjusted? How have what finance companies need from dealers ... [Read More]

New VP of customer success at Digital Motors

Edmonds
Auto Fin Journal Staff
Automotive industry veteran Paul Edmonds has joined digital sales platform Digital Motors as vice president of customer success, leading the company’s sales and service teams. Edmonds’ more than 15 years of digital dealer operations and software sales experience include leadership ... [Read More]

Tresl launches digital platform for retailing fleet vehicles

tresl car sales for web
Auto Fin Journal Staff
After announcing its new name and branding back in May, Tresl recently launched its newest offering to augment its menu of services that include auto refinancing, lease purchases and off-fleet purchases. The company described Tresl Car Sales as an innovative ... [Read More]

Lightico partners with Mitek to reinforce remote ID and verification capabilities

updated lightico mitek for web
Auto Fin Journal Staff
Lightico chief revenue officer Gilad Komorov wrote in a commentary published by Auto Fin Journal earlier this summer that “Auto-loan fraud may be growing in complexity, but so are the technologies that are being created to combat it.” The partnership ... [Read More]

JM Family succession plan as Heathcott announces upcoming retirement

jma group for web
Auto Fin Journal Staff
JM Family Enterprises revealed a major executive succession plan on Wednesday, stemming from JM&A Group president Forrest Heathcott announcing he will retire on March 31, culminating a company career spanning nearly 30 years. On deck to fill Heathcott’s role is fellow ... [Read More]

CDK Global bolsters solution to respond to online leads

CDK global bdc-software for web
Auto Fin Journal Staff
As digital retailing intensifies, CDK Global wants its dealer clients to have a robust team of representatives at the ready when leads arrive through their respective online channels. On Monday, CDK announced the launch of BDC Pro, a new addition to its ... [Read More]

With 10% of franchised dealers now on platform, AutoFi adds 4 new execs

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Auto Fin Journal Staff
AutoFi says more than 10% of franchised dealerships now use its digital car sales and finance platform, as the fintech firm has enjoyed client growth of more than 125% so far this year. With the coronavirus pandemic forcing dealers and ... [Read More]

MileOne Autogroup boosts relationship with JM&A Group for virtual F&I

partnership
Auto Fin Journal Staff
JM&A Group and MileOne Autogroup first began a relationship back in 2005; two years before Apple introduced the iPhone. Now with smartphones prevalent and online activities commonplace, the independent provider of F&I products and the dealer group recently expanded their ... [Read More]

Volta selects former Experian exec as chief marketing officer

Volta_Nadya_Kohl for web
Auto Fin Journal Staff
One of this year’s Emerging 8 honorees hired a new chief marketing officer; an executive whose career includes time with Experian among other firms. On Tuesday, Volta, a provider of innovative electric vehicle charging networks, announced its new chief marketing ... [Read More]

Dealertrack Ready Sign design to provide stores flexibility where permitted

dealertrack unifi for AFJ_0
Auto Fin Journal Staff
If your state allows it, Dealertrack wants to provide your store the option of letting customers digitally sign documents to complete financing and delivery. Or as Bridgewater Chevrolet finance manager Christopher Klein puts it: “I can now truly give our ... [Read More]

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