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
CFPB makes 5 points so innovation & competition ‘truly benefits consumers’
Wednesday, Aug. 21, 2024, 11:55 AM
Auto Fin Journal Staff
In a letter generated as a request for comment by the Treasury Department, the Consumer Financial Protection Bureau last week outlined how it’s watching artificial intelligence and other technology developments. Acknowledging a previous initiative did not generate the results the ... [Read More]
Solifi partners with LimePoint to boost data streaming solution
Wednesday, Aug. 21, 2024, 11:51 AM
Auto Fin Journal Staff
Solifi, a fintech software provider for secured finance, announced that it has recently partnered with LimePoint, a technology specialist in real-time data processing and data streaming consumers. The result is broadened accessibility to Solifi’s data streaming microservice solution. Solifi Data ... [Read More]
Lendbuzz lands new $400M forward flow agreement with Viola Credit
Wednesday, Aug. 21, 2024, 11:45 AM
Auto Fin Journal Staff
Lendbuzz has enjoyed a fruitful summer of gaining financial resources to facilitate auto financing. On Tuesday, Lendbuzz announced that it has secured a new $400 million forward flow program with Viola Credit, a global alternative asset manager specialized in providing ... [Read More]
PODCAST: Rising cases of car stacking and multi-payer scams
Monday, Aug. 19, 2024, 12:05 PM
Auto Fin Journal Staff
Two industry experts on fraud — Brady Harrison of Equifax and Robert Newman of Cox Automotive — appeared on the Auto Remarketing Podcast to discuss two forms of fraud that are impacting dealerships and finance companies more often nowadays. Harrison ... [Read More]
Founding employee becomes RouteOne COO
Tuesday, Aug. 13, 2024, 06:24 PM
Auto Fin Journal Staff
One of RouteOne’s founding employees now is the company’s chief operating officer. The automotive F&I service provider announced this week that Jason Bolduc has been appointed as COO to lead a critical portfolio for RouteOne, encompassing dealer support operations for ... [Read More]
Experian acquires NeuroID, adding behavioral analytics to fraud-prevention suite
Tuesday, Aug. 13, 2024, 06:22 PM
Auto Fin Journal Staff
Experian added to its fraud-fighting toolbox on Tuesday. The company announced that it has acquired NeuroID, a specialist in behavioral analytics. Executives highlighted NeuroID’s modern and frictionless capabilities amplify Experian’s fraud risk suite by providing a new layer of insight ... [Read More]
Autonomy pivots EV subscription business in partnership with Deloitte
Monday, Aug. 12, 2024, 11:15 AM
Auto Fin Journal Staff
Autonomy is departing the electric vehicle subscription business — at least from what it has been doing in recent years. Instead, Autonomy said late on Sunday that it’s launching a new SaaS business — Autonomy Data Services (ADS) — in ... [Read More]
Affinity Federal Credit Union taps Point Predictive to curb fraud
Monday, Aug. 12, 2024, 11:13 AM
Auto Fin Journal Staff
Last week, Affinity Federal Credit Union announced a strategic partnership with Point Predictive This collaboration aims to bolster efforts by the member-based, federally insured, full-service financial institution to combat the increasing challenges of identity, income, and employment fraud while helping ... [Read More]
Zest AI pilots new fraud-prevention tool among credit unions
Wednesday, Aug. 7, 2024, 01:23 PM
Auto Fin Journal Staff
Zest AI is offering another fraud-fighting tool for credit providers. On Wednesday, the technology provider fueled by artificial intelligence rolled out Zest Protect which is designed to identify fraudulent activity during the decisioning process, helping credit unions, banks and other ... [Read More]
PODCAST: TransUnion highlights how EVs are recharging leasing market
Wednesday, Aug. 7, 2024, 01:23 PM
Auto Fin Journal Staff
Here’s some positive news for captives and other finance providers that offer leasing as well as dealership used-car managers looking for inventory down the road. Consumers are beginning to turn to auto leasing once again That’s the primary finding from ... [Read More]