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This Month's Focus

Turbocharged Finance
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3 primary capabilities of PayNearMe’s AI Servicing and Collections Agent
Almost a month ago, PayNearMe acquired the technology assets and hired the key employees of Marr Labs in a move described as one that will “help shape the future of payments.” The next development in that future involving artificial intelligence ... Read More
Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
ITOCHU invests in MOTER again to leverage connected-car technology
If you didn’t believe the modern vehicles you’re financing, retailing or repairing are smartphones rolling on four wheels, perhaps this investment announcement will sway your opinion. MOTER Technologies, an artificial intelligence-powered insurtech company that delivers a connected vehicle data platform ... Read More
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

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

Alfa deploys first of six upcoming releases of software platform
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]

Solifi reinforces floorplan technology offerings by acquiring DataScan

Auto Fin Journal Staff
On Tuesday, Solifi announced the acquisition of DataScan, which has been involved in wholesale finance and inventory risk management for more than 30 years. Financial terms of the transaction were not disclosed, according to a news release. Solifi said the ... [Read More]

RouteOne unveils newest enhancement within the Digital Deal

Auto Fin Journal Staff
RouteOne announced the availability of Automated Document Classification, which is an enhancement within the Digital Deal. The company highlighted this feature enriches eContracting data quality and supports a broader objective: delivering a contract package that is complete, accurate, and funding-ready ... [Read More]

Comerica promotes Janssens to senior executive vice president & chief risk officer

Auto Fin Journal Staff
In a move that took effect on Friday, Comerica Bank promoted Kristina Janssens from executive vice president and chief compliance officer to senior executive vice president and chief risk officer. As chief risk officer, Janssens will report directly to Comerica ... [Read More]

Authenticom Group promotes Tryfon to global CEO

AutoCanada Announces Board Appointments
Auto Fin Journal Staff
On Tuesday, the Authenticom Group of Companies announced the promotion of Jason Tryfon to global CEO in a move that was effective on Sept. 1. In his previous role as president of international operations, the company highlighted Tryfon has been ... [Read More]

Fasten rolls out Dealer Calculator to drive customer loyalty

Auto Fin Journal Staff
Fasten on Tuesday launched its Dealer Calculator, a tool that can help partner dealers demonstrate to prospective buyers the long-term value and cost savings of working with their dealership. The provider of driver rewards and customer loyalty solutions for dealerships ... [Read More]

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