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Report: Critical gaps remain in automotive cybersecurity
Monday, Feb. 17, 2025, 11:12 AM
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Former BMO exec joins First Business Bank as president of specialty finance
Monday, Feb. 17, 2025, 11:10 AM
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PODCAST: Insight and inspiration from Women in Auto Finance honorees
Wednesday, Feb. 12, 2025, 11:18 AM
Report: 4 new cyber threats to challenge financial services sector in 2024
Monday, Apr. 1, 2024, 12:13 PM
Auto Fin Journal Staff
FS-ISAC, a member-driven, not-for-profit organization that seeks to advance cybersecurity and resilience in the global financial system, announced the findings of its annual global intelligence office report, Navigating Cyber 2024. The organization highlighted its report details the increasing sophistication of ... [Read More]
Informed.IQ survey: Deal jacket errors costing lenders millions
Wednesday, Mar. 27, 2024, 12:34 PM
Auto Fin Journal Staff
Deal jackets sometimes can prompt auto finance professionals to think they might need a straitjacket because of the frustrating pitfalls that can arise. The quandaries created by deal jackets and other parts of building compliant and profitable portfolios were among ... [Read More]
Nordis Technologies chooses exec with deep retailing background as CFO
Wednesday, Mar. 27, 2024, 12:31 PM
Auto Fin Journal Staff
This week, Nordis Technologies named Mark Seltzer as its chief financial officer. As part of the executive leadership team, the omnichannel customer communications management and payments technology solutions provider said Seltzer now is responsible for the company’s financial planning and ... [Read More]
FlexPath unveils credit prequalification tool that needs only phone numbers
Wednesday, Mar. 27, 2024, 12:26 PM
Auto Fin Journal Staff
Individuals often give a phone number when waiting for a table at a busy restaurant. Now giving a phone number can begin the path to identity verification and credit prequalification for auto financing. This week, FlexPath DXP launched VeriQual, which ... [Read More]
TransUnion: Nearly 1 in 7 new digital accounts suspected to be fraudulent
Monday, Mar. 25, 2024, 12:21 PM
Auto Fin Journal Staff
Here’s a startling but perhaps not surprising statistic. Nearly one in seven newly created accounts is suspected to be digital fraud. That’s the top finding from TransUnion’s 2024 State of Omnichannel Fraud Report, which is based on proprietary insights from ... [Read More]
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]