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
Solifi releases 2024 Global Leasing Report
Wednesday, Mar. 6, 2024, 12:20 PM
Auto Fin Journal Staff
This week, Solifi released its 2024 Global Leasing Report that details the trends, economic projections and insights into the top 50 leasing markets worldwide. The report indicated that global growth is predicted to decrease to 2.9% in 2024, which is ... [Read More]
Carputty lands another $80M in growth funding
Wednesday, Mar. 6, 2024, 12:20 PM
Auto Fin Journal Staff
In December 2022, Carputty announced the closing of a $12.3 million Series A funding round that at the time brought its total funding amount to $21.96 million. On Wednesday, the fintech company that wants to modernize both auto financing and ... [Read More]
Zest AI aligns with Origence & Point Predictive to help credit unions & finance companies
Monday, Mar. 4, 2024, 12:05 PM
Auto Fin Journal Staff
Zest AI is working closely with Origence and Point Predictive as all three are leveraging artificial intelligence for the betterment of credit unions and other providers of auto financing. Last week, Point Predictive announced the integration of its BorrowerCheck for ... [Read More]
‘Tempered excitement’ about auto refinancing this year
Wednesday, Feb. 28, 2024, 11:27 AM
Auto Fin Journal Staff
Since its founding in 2006, iLending said it has facilitated $3.6 billion in refinanced auto financing. But the past 18 months have been challenging for iLending and other institutions that might offer refinancing. However, based on the expectation that the ... [Read More]
Familiar strategies included in Harley-Davidson Flex Financing
Wednesday, Feb. 28, 2024, 11:26 AM
Auto Fin Journal Staff
A move by a captive in the powersports sector appears similar to what many finance companies might already do with cars and trucks. On Tuesday, Harley-Davidson Financial Services launched a program the company said is like a lease. The captive ... [Read More]
S&P Global Ratings on residual value risk of EVs within securitizations
Monday, Feb. 26, 2024, 12:05 PM
Auto Fin Journal Staff
Along with highlighting a securitization strategy popular in Europe and now gaining momentum in the U.S., S&P Global Ratings gave a brief update on its thinking about electric vehicles and residual values. Last week, S&P Global Ratings said higher exposure ... [Read More]
Gestalt partners with TruDecision to bring more analytics to auto finance
Monday, Feb. 26, 2024, 12:04 PM
Auto Fin Journal Staff
Stephanie Hanson and Daniel Parry have worked together many times during their distinguished careers within auto financing. And last week, the industry leaders said their current operations are now collaborating. Gestalt Tech said it will partner with TruDecision to provide ... [Read More]
PODCAST: Origence on 30 years of business & growing network of credit unions & dealerships
Monday, Feb. 26, 2024, 12:01 PM
Auto Fin Journal Staff
Origence chief revenue officer Phil DuPree is in a festive mood like the rest of the company, which provides technology solutions for credit unions. The company that includes CUDL is celebrating its 30th year of operations in 2024, funding $551.2 ... [Read More]
PODCAST: RouteOne on meeting wide-ranging customer preferences
Friday, Feb. 23, 2024, 12:30 PM
Auto Fin Journal Staff
It’s quite a balancing act nowadays for dealers who have some customers who want to do everything digitally and others who want nothing to do with those financing tools, preferring to do everything in person with paper documents. RouteOne’s Amanda ... [Read More]
Upstart highlights financing role in Kia EV launch
Wednesday, Feb. 21, 2024, 12:11 PM
Auto Fin Journal Staff
Upstart helped Kia put more charge into the electric-vehicle space. The financing firm fueled by artificial intelligence highlighted that Kia used Upstart Auto Retail Build & Price Reservations as the exclusive reservation and deposit system for the launch of the ... [Read More]