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
Survey: Controlling cloud costs burden nearly 50% of businesses
Wednesday, Aug. 17, 2022, 03:34 PM
Auto Fin Journal Staff
Some finance companies might be seeing a part of their operational costs rising sky high, so to speak. According to a new report published on Wednesday by Anodot, nearly half of businesses — 49% to be exact — find it ... [Read More]
Solifi designs new SaaS pricing solution for any size finance company
Wednesday, Aug. 17, 2022, 03:27 PM
Auto Fin Journal Staff
This week, Solifi, a global fintech software partner for secured finance, announced the launch of its software-as-a-service (SaaS)-based lease and installment contract pricing solution for the U.S. equipment and automotive finance industries. The company said the SaaS version of Solifi’s ... [Read More]
VantageScore modifies credit score calculation to accommodate for medical debt changes
Monday, Aug. 15, 2022, 02:57 PM
Auto Fin Journal Staff
In a move that could impact auto financing, VantageScore recently announced further steps in supporting consumers affected by medical collection debt. VantageScore said through a news release that the company completed an extensive analysis of how consumer credit score models are ... [Read More]
PODCAST: LendBuzz co-founder and CEO on AI in underwriting & more
Monday, Aug. 15, 2022, 02:54 PM
Auto Fin Journal Staff
LendBuzz co-founder and chief executive officer Amitay Kalmar described the characteristics of artificial intelligence, machine learning and algorithms that intrigue him most during this episode of the Auto Remarketing Podcast. Then Kalmar explained what those elements now can do for ... [Read More]
2022 Women in Auto Finance honorees revealed
Wednesday, Aug. 10, 2022, 03:59 PM
Auto Fin Journal Staff
Continuing the Cherokee Media Group series of award programs that honor the most dedicated and talented professionals from throughout the used-car industry, we proudly showcase this year’s Women in Auto Finance, presented by DRN | MVTRAC. The 12 honorees specialize ... [Read More]
U.S. Bank broadens real-time payment solution for dealers
Wednesday, Aug. 10, 2022, 03:53 PM
Auto Fin Journal Staff
U.S. Bank announced this week that it now can provide funds to auto dealers instantly after the contract is finalized by the bank. Following a successful pilot completed in June, U.S. Bank said it already has enabled more than 800 ... [Read More]
Alfa continues whitepaper series with project focused on systems integration
Sunday, Aug. 7, 2022, 08:43 PM
Auto Fin Journal Staff
Alfa, the developer of Alfa Systems, recently released the third segment of its Innovation in Implementation whitepaper series. The enterprise software platform for providers of automotive, wholesale and equipment finance published a new whitepaper on best practices in systems integration. ... [Read More]
Cover Genius enters BNPL space with Zip partnership
Sunday, Aug. 7, 2022, 08:38 PM
Auto Fin Journal Staff
Cover Genius found a new path to an industry relationship last week. A leading insurtech for embedded insurance and a 2020 Emerging 8 honoree announced a partnership with Zip, a global buy now, pay later (BNPL) player, to offer customers ... [Read More]
TD Bank finalizes financing partnership with Lease End
Sunday, Aug. 7, 2022, 08:35 PM
Auto Fin Journal Staff
Last week, Lease End, a leading online platform empowering consumers to take control of their end-of-lease options, announced a new financing partnership with TD Bank. According to a news release, the partnership will scale Lease End’s digital financing options and ... [Read More]
OPN to power NABC instant payment solution
Sunday, Aug. 7, 2022, 08:34 PM
Auto Fin Journal Staff
The industry continues to strive toward making payments instantaneous. Open Payment Network (OPN) and North American Banking Co. (NABC) recently announced the capability to deliver instant payments to and from any financial institution on The Clearing House’s Real Time Payment ... [Read More]