JM Family reveals succession plan with Chait to replace Burns as CEO
Monday, Oct. 21, 2024, 12:31 PM
Timmerman’s distinguished career at Ally now includes Auto Finance Executive of the Year Award
Monday, Oct. 28, 2024, 09:59 AM
Credit Sesame rolls out AI platform to boost credit management
Monday, Oct. 28, 2024, 11:37 AM
Cherokee Media Group reveals 2023 Emerging 8 honorees
Monday, Apr. 10, 2023, 11:58 AM
Auto Fin Journal Staff
Cherokee Media Group on Monday announced this year’s honorees for the Emerging 8 award program. Established in 2018, this award program honors companies that improve a specific aspect of the automotive industry through technology. The newest honorees include: —Carmigo —Dealer ... [Read More]
Constant names chief growth officer & makes 2 other promotions
Monday, Apr. 10, 2023, 11:56 AM
Auto Fin Journal Staff
Along with announcing two management promotions, Constant recently created a new executive role and filled it with a professional who formerly was chief operations officer at Credit Union Loan Source. Taking on the position of chief growth officer at the ... [Read More]
Nordis Technologies hires vice president of product management
Monday, Apr. 10, 2023, 11:55 AM
Auto Fin Journal Staff
Nordis Technologies recently selected Steve Dubner as vice president of product management. The provider of omnichannel customer communications management and payments technology solutions said Dubner will lead the innovation and advancement of the company’s Expresso suite of products and work ... [Read More]
Survey illustrates how much manual errors erode bottom line at finance companies
Tuesday, Apr. 4, 2023, 04:39 PM
Auto Fin Journal Staff
We all make mistakes, but they can become quite costly at finance companies, boosting their interest in using artificial intelligence more often. Informed.IQ recently commissioned an industry-wide survey of auto finance executives to identify the key areas where they are ... [Read More]
CU SoCal & SavvyMoney detail successes of pre-approval marketing campaign
Monday, Apr. 3, 2023, 10:50 AM
Auto Fin Journal Staff
SavvyMoney and Credit Union of Southern California (CU SoCal) highlighted near record-breaking numbers for pre-approval auto finance marketing campaign deployed last year. Results from the campaign that ran from Aug. 23 to Oct. 16 showed CU SoCal generated a 74% ... [Read More]
PODCAST: Deeper look into Point Predictive’s annual auto finance survey
Friday, Mar. 31, 2023, 11:03 AM
Auto Fin Journal Staff
Point Predictive chief fraud strategist Frank McKenna returned for his regular visit on the Auto Remarketing Podcast. This time, McKenna took a deep dive into the results from Point Predictive’s annual auto finance survey, sharing how companies are contending with ... [Read More]
J.D. Power: Brand loyalty vital for leasing success in tight market
Friday, Mar. 31, 2023, 11:02 AM
Auto Fin Journal Staff
J.D. Power said finance companies need to focus on bringing their lease customers back to the brand in light of the current market. J.D. Power said lease options for customers are limited as auto leasing volume continues to fall. In ... [Read More]
STAR approves uniform risk assessment standards to prep for Safeguards Rule implementation
Wednesday, Mar. 29, 2023, 11:59 AM
Auto Fin Journal Staff
On Wednesday, the Standards for Technology in Automotive Retail (STAR), a leading automotive IT standards organization, announced the approval of uniform risk assessment standards for retail automotive. According to a news release, these standards can assist automotive dealers and vendors ... [Read More]
Inovatec elevates founding team member to be chief information officer
Wednesday, Mar. 29, 2023, 11:55 AM
Auto Fin Journal Staff
A founding team member of Inovatec Systems now is the company’s chief information officer. The provider of cloud-based software solutions for finance companies announced this week that it has promoted Mario Rea to be CIO and be responsible for the ... [Read More]
TransUnion: Fraud attempts in US rise 122% amidst growing digital transactions
Monday, Mar. 27, 2023, 11:10 AM
Auto Fin Journal Staff
Despite a return to something more closely resembling pre-pandemic levels in 2022, the TransUnion 2023 State of Omnichannel Fraud Report found that digital fraud continues to rise. According to proprietary insights from TransUnion’s global intelligence network and a specially commissioned ... [Read More]