Newest eLEND Solutions dealer survey sheds light on top obstacle to deal & pricing clarity
Monday, Oct. 16, 2023, 11:42 AM
Auto Fin Journal Staff
Think of how many times the phrase “trust me” surfaces in a conversation or message exchange with family, friends, or business contacts. Experts at eLEND Solutions examined that premise for its latest research project and discovered a significant trust and ... [Read More]
Lotus chooses Santander for exclusive, multi-year financing agreement
Wednesday, Oct. 11, 2023, 01:06 PM
Auto Fin Journal Staff
Santander Consumer USA landed another working relationship to provide financing services for an automaker. On Wednesday, SCUSA said it will provide nationwide installment contract and lease options to Lotus customers and dealers through an exclusive, multi-year agreement. The development arrived ... [Read More]
Equifax fuels Informativ’s new soft-pull tool designed for mobile devices
Wednesday, Oct. 11, 2023, 12:52 PM
Auto Fin Journal Staff
Informativ rolled out its newest tool this week to help its client base of more than 7,000 dealers and other businesses that utilize its credit-focused lead generation, credit reporting and compliance solutions. The company introduced CreditDriver, which can allow consumers ... [Read More]
Former Commodity Futures Trading Commission official to appear at Origence user conference
Wednesday, Oct. 11, 2023, 12:27 PM
Auto Fin Journal Staff
Origence recently announced its first keynote speaker for its annual users’ conference. The technology solutions provider for credit unions said Andrew Busch will be one of the experts on stage during Lending Tech Live ’24, which is scheduled for June ... [Read More]
Alfa concludes Innovation in Implementation series with focus on people
Monday, Oct. 9, 2023, 12:41 PM
Auto Fin Journal Staff
Alfa recently rolled out the fifth and final installment in its Innovation in Implementation series. That last piece from the asset finance software solutions provider is titled, “Establishing Winning Frameworks and Teams.” It explores the “indispensable” role of people in ... [Read More]
Santander now working with INEOS Automotive in US
Monday, Oct. 9, 2023, 12:34 PM
Auto Fin Journal Staff
One of Santander’s flourishing relationships with an automaker in Europe now is coming to fruition in the United States. Santander Consumer USA announced a new, exclusive multi-year agreement in the U.S. with INEOS Automotive that will enable the finance company ... [Read More]
Study: 37% intimidated & 39% frustrated with online security highlighting digital anxiety
Wednesday, Oct. 4, 2023, 12:29 PM
Auto Fin Journal Staff
The National Cybersecurity Alliance (NCA) and CybSafe released new research this week examining key cybersecurity behaviors, attitudes and trends as the organizations mark Cybersecurity Awareness Month. Polling more than 6,000 individuals across the United States, United Kingdom, Canada, Germany, France ... [Read More]
Lendbuzz gains $345M in growth funding
Wednesday, Oct. 4, 2023, 12:28 PM
Auto Fin Journal Staff
Lendbuzz announced on Wednesday that the financial technology company that uses alternative data, machine learning and deep neural networks to provide auto financing has raised $345 million. Company leaders said that figure is a combination of $45 million in equity ... [Read More]
Dealertrack enhances integration with MeridianLink
Monday, Oct. 2, 2023, 11:53 AM
Auto Fin Journal Staff
Last week, Cox Automotive’s Dealertrack announced an enhanced integration with MeridianLink, a provider of modern software platforms for financial institutions and consumer reporting agencies. The companies highlighted the existing, long-standing integration accelerates credit applications and decisions between dealers and finance ... [Read More]
Westlake Direct unveils ‘Buy Now’ capability
Monday, Oct. 2, 2023, 11:52 AM
Auto Fin Journal Staff
Westlake Technology Holdings is ramping up its efforts to connect directly with consumers to generate originations that can benefit both dealerships and the finance company. Westlake Direct — a direct-to-consumer financing solution first launched in 2018 through LoanCenter — now ... [Read More]