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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
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

Inovatec dealer survey reinforces importance of time during financing process

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Auto Fin Journal Staff
Inovatec Systems Corp. asked dealerships to complete a survey to learn more details about how stores are completing their vehicle financing during the coronavirus pandemic. While COVID-19 has impacted many components of dealership operations, the provider of cloud-based software solutions ... [Read More]

PODCAST: Growing importance of fintech R&D during COVID-19

new venture center for web
Auto Fin Journal Staff
This episode of the Auto Remarketing Podcast features Wayne Miller, executive director of The Venture Center, which collaborates with the FIS Fintech Accelerator program to identify and help startup firms accelerate the development of innovative solutions that bring new capabilities ... [Read More]

2 separate surveys detail depth of consumers’ concern about personal data and privacy

data privacy
Auto Fin Journal Staff
Separate consumer surveys by KPMG and by Ponemon Institute sponsored by ID Experts uncovered the growing concern consumers have about their personal data and privacy as more technology is leveraged. According to the survey from KPMG, 56% of Americans reported ... [Read More]

Crediverso launches website to help Hispanic consumers manage credit

Carlos Hernandez for web
Auto Fin Journal Staff
Crediverso is looking to use its recently launched online presence to give Hispanic consumers information and options to make wise credit decisions. To bridge a cultural gap where U.S. banking institutions might have fallen short, Crediverso highlighted that its mobile ... [Read More]

PODCAST: Revisiting risk calculations as COVID-19 continues

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Auto Fin Journal Staff
Back in May, Michael Sogomonian, the director of decision science at Digital Matrix Systems, suggested a series of actions finance companies could take to protect their portfolios during the coronavirus pandemic. For this installment of the Auto Remarketing Podcast, Sogomonian revisited ... [Read More]

Market Scan welcomes Reid as vice president of strategic partnerships

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Auto Fin Journal Staff
One of Cherokee Media Group’s first Women in Auto Finance honorees is taking on a new professional challenge. Market Scan Information Systems announced on Monday that its new vice president of strategic partnerships is Jennifer Reid, whose resume includes time with ... [Read More]

ANALYSIS: Is coronavirus a crisis for asset-finance operations or a catalyst for technological change?

covid 19 image for website
Brendan Gleeson, White Clarke Group
Business leaders have largely embraced the rapid introduction of home working and digital processes as an inevitable necessity. Though the global lockdown has rapidly accelerated trends in digitalization, seeing many asset finance businesses moving their operations entirely online in a ... [Read More]

COMMENTARY: Auto-loan fraud is pervasive yet preventable

Fraud prevention
Gilad Komorov, Lightico
Auto-loan fraud is a significant challenge to the auto-finance industry — one that actually grew during the pandemic. Auto-finance fraud reportedly cost the industry $7 billion in 2018 alone and resulted in damage to business reputation and compliance issues. Better ... [Read More]

FunnelAI hires former Gulf States Toyota VP as COO

funnelai for web
Auto Fin Journal Staff
An executive who spent nearly two decades with Gulf States Toyota now is the chief operating officer FunnelAI, a real-time B2B artificial intelligence-based semantic search platform. Taking on this role for FunnelAI is Laura Ryan, who will be responsible for ... [Read More]

Pandemic pushes ACH activity 7.9% higher in Q2

NACHA Q2 graphic
Auto Fin Journal Staff
Last week, Nacha highlighted how much electronic financial transactions jumped year-over-year during the second quarter, triggered in part by the coronavirus pandemic. The steward of the ACH Network, a payment system that universally connects all U.S. bank accounts and facilitates ... [Read More]

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