This Month's Focus
Turbocharged Finance
eLEND Solutions survey to gather information going into Used Car Week
3 primary capabilities of PayNearMe’s AI Servicing and Collections Agent
Fueled by more than $100M in strategic financing, MCO names new president
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
Working with lenders like NextGear Capital, SBS on track to complete more than 100K audits this year
Auto Fin Journal Staff
Sopra Banking Software (SBS) said the global financial technology company is on track to complete more than 100,000 digital audits across the U.S. by the end of the year, allowing nearly 18,000 U.S. auto dealerships to benefit from its SBS ... [Read More]
Amazon Autos broadens financing options with Chase, Santander & Wells Fargo
Auto Fin Journal Staff
Now Amazon has another important part of the automotive retailing business covered. On Tuesday, Amazon Autos announced the addition of three finance companies — Chase, Santander and Wells Fargo — to its growing automotive storefront. According to a news release, ... [Read More]
Landmark Credit Union picks new president & CEO
Auto Fin Journal Staff
Next Monday will mark the beginning of Timothy Mackay serving as president and CEO of Landmark Credit Union, which has more than $7 billion in total assets, 35 branches, more than 400,000 members and more than 1,000 employees. Mackay will ... [Read More]
Fifth Third to acquire Comerica, creating ninth-largest bank
Auto Fin Journal Staff
Two banks that might already be in your dealership network of auto-finance providers are coming together. Fifth Third Bank and Comerica Bank announced on Monday morning that they have entered into a definitive merger agreement under which Fifth Third will ... [Read More]
Dealer Alchemist rolls out Soft Credit Pull powered by Equifax VantageScore
Auto Fin Journal Staff
Last week, Dealer Alchemist released Soft Credit Pull, a website-integrated prequalification tool that can give car shoppers instant, credit-informed payment estimates without a hard credit pull. Powered by Equifax VantageScore, the automotive digital marketing solutions provider said this tool can ... [Read More]
Connects Federal Credit Union boosts GAP value via Way.com partnership
Auto Fin Journal Staff
A Virginia credit union has found a way to make its GAP coverage even more valuable to vehicle buyers. Way.com on Wednesday announced a strategic partnership with Connects Federal Credit Union that integrates Way+ car services membership with the credit ... [Read More]
USPTO publishes FlexPath DXP’s patent application for VeriQual
Auto Fin Journal Staff
FlexPath DXP announced on Tuesday that the U.S. Patent and Trademark Office (USPTO) has published its patent application for VeriQual, the company’s technology that combines identity verification and credit prequalification starting with just a phone number. The company highlighted the ... [Read More]
Carleton survey: Lenders divided over trusting AI-fueled loan compliance tools
Auto Fin Journal Staff
Carleton on Tuesday released findings from a nationwide survey highlighting the lending industry’s perspectives on artificial intelligence in loan compliance and error detection. The provider of compliant loan calculation and disclosure solutions said the results revealed a mix of optimism ... [Read More]
Alfa unveils syndication capabilities for asset and loan finance
Auto Fin Journal Staff
Alfa on Friday released its syndication module for Alfa Systems, delivering automated support for syndicating leases, loans and revolving credit facilities. The provider of technology for asset finance said the new module can enable complete syndication management for lenders — ... [Read More]
Fiserv reinforces advisory services & cash-management capabilities via 2 acquisitions
Nick Zulovich
Fiserv revealed two acquisitions in a five-day span to reinforce its services for clients. First on Thursday, the global provider of payments and financial services technology announced it has acquired Smith Consulting Group (SCG), an operational consulting service utilized by ... [Read More]
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