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SPONSORED EPISODE: Prospects for more auto refinancing with Gravity Lending
In this special sponsored episode of the Auto Remarketing Podcast brought to you by Allied Solutions, we turn our attention to auto refinancing. Brad Paxman oversees 90 lender relationships for Gravity Lending, which is an auto refinance and fintech company ... Listen Here
Used Car Week Hall of Fame: Bob McConkey of McConkey Auction Group
Next up on our series featuring the 2026 Used Car Week Hall of Fame honorees is a conversation with Bob McConkey, president and CEO of the McConkey Auction Group. McConkey, along with MAG chief operating officer David Pendergraft and DAA ... Listen Here
SPONSORED EPISODE: What independent dealers need to be successful with Chris Vangellow of Frazer
In this special sponsored episode of the Auto Remarketing Podcast, Chris Vangellow, who is the Director of Product Management at Frazer, described what’s changed most about running an independent dealership over the past few years, especially from a technology perspective. ... Listen Here

Point Predictive lands Series B growth financing, modifies executive team

Point Predictive for web
Auto Fin Journal Staff
Point Predictive recently bolstered both its human and financial resources. The San Diego-based company, which  provides machine learning solutions to the financing industry to curb fraud and streamline operations, announced that it has completed its Series B growth financing. Napier ... [Read More]

Vroom gets extension of floorplan commitment from Ally

Vroom-truck-03_1_0_0_0
Auto Fin Journal Staff
Within a week of expanding its financial commitment to Carvana, Ally Financial made a move with another company in the digital-retailing space: Vroom. On Tuesday, the ecommerce platform for buying and selling used vehicles announced an extension of its $450 ... [Read More]

COMMENTARY: Drive to digital forces more focus on synthetic identity fraud solutions

Fraud prevention
Byron McDuffee, Equifax
Synthetic identity fraud is an issue that has grown in complexity over the years and continues to be problematic with auto dealers and lenders alike. Because of its complex nature, The Federal Reserve reported recently that experts suggest a “comprehensive ... [Read More]

4 updated components of Alfa Systems 5.6

alfa systems for web
Auto Fin Journal Staff
Alfa recently released an update for its software platform for asset finance, Alfa Systems. Refined during 18 months of development, the company highlighted that Alfa Systems 5.6 brings together of important new features, including a comprehensive redesign of the user ... [Read More]

IAA reinforces Dealertrack Payoff Quote feature

IAA Dealertrack loan payoff
Auto Fin Journal Staff
IAA is boosting its technology to improve the payoff process. On Thursday, IAA announced the enhancement of its Loan Payoff product with Dealertrack Payoff Quote. The company highlighted the new feature provides immediate payoff amounts from top finance companies across ... [Read More]

Truist forms venture capital division for fintech investment

Truist for web
Auto Fin Journal Staff
Truist Financial Corp. recently unveiled a corporate venture capital division created by integrating investments in technology companies from the heritage SunTrust brand with BB&T Ventures. The bank highlighted this firm — Truist Ventures — is focusing on strategic partnerships and investments ... [Read More]

Ally increases financial commitment to Carvana

carvana_in philadelphia
Auto Fin Journal Staff
Carvana is aiming to retail 2 million used vehicles. And with more committed resources from Ally Financial arriving on Tuesday, the online retailer is confident of reaching that goal. Carvana announced a $1.0 billion increase to its current loan sale ... [Read More]

COMMENTARY: Why dealer-lender partnerships are key to going all in on digital

best practices
Andy Mayers, Dealertrack
Over the past few months, dealers and lenders have been focused on ensuring that their operations are running efficiently and with as little disruption as possible. This has lit a fire under the entire auto retail industry to go digital ... [Read More]

From the editor: Fraud-prevention industry becomes victim, too

Frank McKenna at AIS
Nick Zulovich, Senior Editor
Just like Ponzi schemes haven’t completely ruined the activities and benefits of investing, let’s hope this recent incident of malfeasance in connection with fraud prevention doesn’t submarine the great progress made by a host of experts and fintech firms. To ... [Read More]

How NJ Volvo store benefitted from collaboration by Market Scan and FRIKINtech

fintech investment
Auto Fin Journal Staff
A New Jersey Volvo dealership reaped the benefits of when fintech firms collaborate with the goal of making digital retailing more efficient for both stores and their customers. When COVID-19 hit back in March, New Jersey was shut down and ... [Read More]

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