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
NETSOL Technologies gains advanced tier partner status with Amazon Web Services
Monday, Mar. 25, 2024, 12:15 PM
Auto Fin Journal Staff
Last week, NETSOL Technologies announced that it has achieved advanced tier services partner status within the Amazon Web Services (AWS) Partner Network (APN). NETSOL said partners who demonstrate exceptional prominence, emerge as industry leaders in their respective markets and have ... [Read More]
PODCAST: CULA enjoys double-digit growth in 2023
Wednesday, Mar. 20, 2024, 11:08 AM
Auto Fin Journal Staff
Last year was another good one for Credit Union Leasing of America (CULA), which generated double-digit growth of its portfolio as well as credit union and dealer partners. CULA said its number of credit union partnerships increased 24% year-over-year, with ... [Read More]
Alfa launches sustainability piece of revamped software platform
Wednesday, Mar. 20, 2024, 11:07 AM
Auto Fin Journal Staff
On Tuesday, Alfa unveiled the third of six releases that make up Alfa Systems 6, which is the revamped iteration of the Alfa Systems software platform. The automotive finance technology provider highlighted Sustainability offers new capabilities to address the industry’s ... [Read More]
TransUnion unveils platform built for AI-powered data collaboration
Monday, Mar. 18, 2024, 11:33 AM
Auto Fin Journal Staff
TransUnion is looking to make its tools sharper and easier for clients to use through its new platform for managing, governing, analyzing and delivering data and insights. The company said the OneTru platform connects separate data and analytic assets built ... [Read More]
PODCAST: ‘Penny perfect’ remains challenge not even AI can yet solve
Monday, Mar. 18, 2024, 11:31 AM
Auto Fin Journal Staff
Perhaps artificial intelligence isn’t quite yet the silver bullet to solve all challenges within auto financing and retailing. The latest snapshot survey of auto dealers and finance companies orchestrated by eLEND Solutions found that 90% believe that AI-based pricing is ... [Read More]
Wolters Kluwer & Informed.IQ collaborate to boost entire auto-finance lifecycle
Wednesday, Mar. 13, 2024, 12:13 PM
Auto Fin Journal Staff
Wolters Kluwer and Informed.IQ want to simplify and streamline the complex landscape of automotive financing. So, Wolters Kluwer Compliance Solutions has agreed with Informed.IQ to distribute an automated technology solution designed to modernize the auto-finance lifecycle by using digitized processes ... [Read More]
Edmunds: ‘Storm is brewing’ fueled by negative equity
Wednesday, Mar. 13, 2024, 12:11 PM
Auto Fin Journal Staff
Cherokee Media Group asked Jessica Caldwell of Edmunds about negative equity during a conversation at NADA Show 2024 in February. Caldwell immediately replied, “Right now, that is a yikes.” The latest Edmunds Used Vehicle Report released on Wednesday added more ... [Read More]
Chait’s long career at JM Family continues with latest promotion
Tuesday, Mar. 12, 2024, 03:48 PM
Auto Fin Journal Staff
Dan Chait joined Southeast Toyota Finance in 2002, becoming part of JM Family Enterprises. On Tuesday, Chait was named president of the privately held company, which generates more than $20 billion in annual revenue. Chait, who also will remain chief ... [Read More]
Bain sees private equity activity germinating again
Monday, Mar. 11, 2024, 11:34 AM
Auto Fin Journal Staff
We just sprung forward over the weekend, but Bain & Company is already seeing “green shoots” in the private-equity world. Experts said on Monday those “green shoots” are emerging for prospects this year and beyond within the global private equity ... [Read More]
TomoCredit releases underwriting tool based on cash flow
Monday, Mar. 11, 2024, 11:30 AM
Auto Fin Journal Staff
TomoCredit rolled out its latest tool last week aimed at expanding credit accessibility for millions of Americans. The fintech startup — which began because of experiences of trying to secure auto financing — introduced TomoScore, which TomoCredit said is an ... [Read More]