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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
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

New Carleton survey pinpoints 3 primary challenges legacy systems create

Auto Fin Journal Staff
Perhaps auto lenders aren’t depending on typewriters and fax machines, but Carleton sees the consumer lending industry facing mounting pressure to modernize aging technology infrastructure. The provider of compliant loan calculation and disclosure solutions made that assertion on Tuesday after ... [Read More]

Report: Fintech revenues growing 4 times faster than banks

Auto Fin Journal Staff
It’s sure good to be a fintech nowadays. With many firms looking to move beyond payments to get into lending, investments and beyond, findings of the annual report authored by Boston Consulting Group (BCG) and FT Partners showed the world’s ... [Read More]

S&P Global Ratings ponders if Anthropic’s Mythos is ‘inflection point’ or ‘evolution’ of AI

Auto Fin Journal Staff
At the beginning of May, Federal Reserve vice chair Michelle Bowman acknowledged that Anthropic’s Mythos — an artificial intelligence model that identifies cyber vulnerabilities — created a significant stir in banking. This week, S&P Global Ratings released a report examining ... [Read More]

PODCAST: Why now is the time used-car leasing might gain sustained momentum

Auto Fin Journal Staff
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. FlexPath DXP chief executive officer Tarry Shebesta draws on ... [Read More]

NLPC sees potentially $1M in annual value for dealers with streamlined loan payoff and lien release workflows

Auto Fin Journal Staff
Here’s another example of technology making the situation better for dealership operations, especially in connection with processes that can put grit in the gears of financing, delivery and back-office chores. The National Loan Payoff Clearinghouse (NLPC), powered by EPIC, released ... [Read More]

SelectFI now preferred vendor via The Shop by FordDirect

Auto Fin Journal Staff
Automotive lending technology platform SelectFI last week announced its official launch in The Shop by FordDirect, making SelectFI’s financing technology available to Ford and Lincoln dealers across the United States. Following year-long vetting process and a pilot program at multiple ... [Read More]

Alfa Recon leverages AI to strengthen data migration

Auto Fin Journal Staff
Alfa, provider of Alfa Systems, strengthened its data migration toolbox last week with the launch of Alfa Recon, a new artificial intelligence-enabled reconciliation module. Designed to help customers migrate legacy data and acquired portfolios to Alfa Systems more quickly, more ... [Read More]

Brother promotes brother at Nordis Technologies

Auto Fin Journal Staff
Executive changes at Nordis Technologies that began in February continued on Wednesday; this time with a significant family connection. The provider of omnichannel customer communications management and payments technology solutions promoted Lee Selinger to the new position of vice president ... [Read More]

Building on three-year partnership, Bain invests in OpenAI Deployment Company

Bain Survey: Few Companies Ready for Sustainability Rules (24%)
Auto Fin Journal Staff
Bain & Company today announced an investment in the Deployment Company, a new venture launched by OpenAI with 19 global partners. According to a news release, the OpenAI Deployment Company is built to help businesses deploy artificial intelligence across their ... [Read More]

Onbe elevates Hentschel to CEO

Auto Fin Journal Staff
Melissa Hentschel served as chief client officer of Onbe for three years. On Wednesday, Hentschel became chief executive officer, also joining the Onbe board of directors. The corporate payouts platform said Hentschel succeeds Bala Janakiraman, who is retiring after nearly ... [Read More]

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