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
Constant & Celerit partner to drive servicing modernization
Wednesday, May. 25, 2022, 03:44 PM
Auto Fin Journal Staff
Constant, a provider of digital loan servicing solutions, announced a partnership with Celerit, a veteran provider of technology services to the financial services industry. Celerit, which has a 30-year history of supporting bank loan servicing shops and their core software ... [Read More]
Lendbuzz makes Forbes’ list of best startup employers
Wednesday, May. 25, 2022, 03:41 PM
Auto Fin Journal Staff
Lendbuzz appears to be putting nearly $700 million in growth resources to good use. The firm that is striving to modernize what it contends is an “outdated” auto-finance industry, using artificial intelligence with a focus on serving consumers who have ... [Read More]
PODCAST: Monthly fraud episode explores technology development & integrations
Wednesday, May. 25, 2022, 03:39 PM
Auto Fin Journal Staff
For the latest episode of the Auto Remarketing Podcast focused on fraud, Point Predictive’s Frank McKenna and Justin Davis explore how technology is developed to keep fraud from infiltrating dealerships and finance companies. McKenna and Davis also touched on the ... [Read More]
Caribou gains unicorn status with latest funding pushing company value above $1B
Monday, May. 23, 2022, 02:34 PM
Auto Fin Journal Staff
In this particular case, Caribou is a unicorn. One of the 2020 Emerging 8 honorees that’s involved in auto refinancing and more announced on Friday that it has closed $115 million in an oversubscribed Series C funding round, which brings ... [Read More]
Allied Solutions acquires CU Direct’s Lending Insights platform
Monday, May. 23, 2022, 02:32 PM
Auto Fin Journal Staff
Allied Solutions is making its solutions stronger, especially for credit unions. Last week, one of the largest providers of insurance, lending, risk management, and data driven solutions to financial institutions announced the acquisition of CU Direct’s Lending Insights platform. The ... [Read More]
PrivateAuto unveils self-service payment app for private vehicle sales
Wednesday, May. 18, 2022, 03:16 PM
Auto Fin Journal Staff
Fintech firms aren’t just trying to connect dealerships and finance companies. Some shops also are looking to bring private individuals together who are seeking to complete a vehicle sale. On Wednesday, PrivateAuto launched what it believes is the first self-service, ... [Read More]
Same day dollar limit increase pushes ACH activity higher in Q1
Monday, May. 16, 2022, 03:16 PM
Auto Fin Journal Staff
Money moving electronically continues to be on an upward trajectory. According to a news release distributed by NACHA on Monday, the ACH Network experienced overall growth in the first quarter of 2022, even as recent forms of pandemic-related government assistance ... [Read More]
DriveCentric & CUDL integrate to bring credit unions and dealers together
Monday, May. 16, 2022, 03:14 PM
Auto Fin Journal Staff
Two service providers teamed up last week to bring credit unions and dealers together. DriveCentric, a robust CRM, artificial intelligence (AI) and conversational engagement platform for automotive retailers, announce an integration and partnership with CUDL, one of the nation’s largest ... [Read More]
Experian fraud tool tops Juniper Research’s Digital Identity Competitor Leaderboard
Wednesday, May. 11, 2022, 03:30 PM
Auto Fin Journal Staff
Experian recently was named the top established leader in digital identity in Juniper Research’s Digital Identity Competitor Leaderboard. The report provides a five-year forecast for the digital identity sector and cites Experian and its CrossCore platform as the market leader ... [Read More]
Point Predictive & Provenir partner to leverage AI for improved underwriting
Wednesday, May. 11, 2022, 03:29 PM
Auto Fin Journal Staff
On Tuesday, Point Predictive, the San Diego-based company and former Emerging 8 honoree that provides artificial intelligence (AI) solutions to finance, announced a strategic partnership with Provenir, a global leader in AI-powered risk decisioning software for the fintech industry. Available through ... [Read More]