Constant & Sollensys partner to boost back-office data security
Monday, Apr. 4, 2022, 02:42 PM
Auto Fin Journal Staff
Sollensys Corp., a cyber security company specializing in ransomware recovery built on blockchain technology, and Constant, a provider of digitized, self-service technologies for banks and credit unions, now are working together. The companies announced last week that Constant will be ... [Read More]
Car Capital adds CarLotz to list of dealer clients using underwriting technology
Thursday, Mar. 31, 2022, 06:07 PM
Auto Fin Journal Staff
Within the week of being named one of this year’s Emerging 8 honorees, Car Capital showed again why it’s gaining momentum in auto financing. The technology company that strives to get any deal bought no matter the consumer credit background ... [Read More]
Kyte puts new resources to work quickly with Tesla subscription product
Thursday, Mar. 31, 2022, 06:00 PM
Auto Fin Journal Staff
It appears Kyte is putting the asset-backed credit financing from Goldman Sachs and Ares Global Management of $200 million announced last week to work quickly. On Thursday, the company pioneering vehicles delivered to users on-demand announced the launch of its ... [Read More]
TD Auto Finance launches real-time payments for dealers
Thursday, Mar. 31, 2022, 05:55 PM
Auto Fin Journal Staff
TD Auto Finance president and chief executive officer Andrew Stuart is part of the luncheon and opening panel discussion at the Auto Intel Summit, which looks to provide some clarity of “what’s next” for auto financing. Stuart also is involved ... [Read More]
J.D. Power: ‘One-size-fits-all’ no longer works well at lease end
Thursday, Mar. 31, 2022, 04:22 PM
Auto Fin Journal Staff
“One-size-fits-all” doesn’t work for jackets and shoes, and evidently not for the leasing of new vehicles, either. J.D. Power said leasing volume now accounts for just 19% of total new-vehicle sales, prompting experts to say that finance companies and dealers ... [Read More]
PODCAST: Another visit with CUDL chief revenue officer Phil DuPree
Wednesday, Mar. 30, 2022, 03:41 PM
Auto Fin Journal Staff
Another episode of the Auto Remarketing Podcast from NADA Show 2022 is focused on the credit union market, featuring a conversation with CUDL chief revenue officer Phil DuPree. A former dealer, DuPree shared the most common questions he’s receiving from ... [Read More]
PODCAST: CULA reviews record year & why leasing works well at credit unions
Wednesday, Mar. 30, 2022, 03:37 PM
Auto Fin Journal Staff
Our installments of the Auto Remarketing Podcast from NADA Show 2022 in Las Vegas continue with a visit with Credit Union Leasing of America (CULA), which enjoyed a record-setting year in 2021. CULA president Ken Sopp and vice president of ... [Read More]
Cherokee Media Group reveals 2022 Emerging 8 honorees
Monday, Mar. 28, 2022, 01:04 AM
Auto Fin Journal Staff
Cherokee Media Group proudly announced the next group of selections for the Emerging 8; an award program that honors companies that improve a specific aspect of the automotive industry through technology. These honorees are on the cusp of automotive innovation ... [Read More]
PODCAST: Dealertrack’s Cheryl Miller on ‘silver lining’ from pandemic
Monday, Mar. 28, 2022, 01:00 AM
Auto Fin Journal Staff
In the next installment of the Auto Remarketing Podcast originating from the Vehicle Finance Conference hosted by the American Financial Services Association earlier this month in Las Vegas, senior editor Nick Zulovich shared a conversation with Cheryl Miller, who is ... [Read More]
Survey shows how dealers disagree about solving digital retailing
Wednesday, Mar. 23, 2022, 05:33 PM
Auto Fin Journal Staff
Dealerships agree that there are problems with the digital retailing of used and new vehicles. How to smooth out those issues is where stores are not yet in agreement. A new dealer survey from eLEND Solutions confirmed that dealerships are ... [Read More]