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
‘Ethical hacking’ firm set to open new corporate complex
Monday, Apr. 11, 2022, 03:39 PM
Auto Fin Journal Staff
A cybersecurity company known for “ethical hacking” and advising Fortune 500 firms as well as federal, state and local governments is about to move into a new headquarters. TrustedSec is hosting a grand opening ceremony on May 6 for its ... [Read More]
FlipCar to deliver enhanced trade-in experience for credit union members
Monday, Apr. 11, 2022, 03:34 PM
Auto Fin Journal Staff
Two service providers are working together to help credit union members find the used model they want or get more for the vehicle they want to sell. Member Auto Center, a credit union-owned vehicle shopping program, recently partnered with E-Dealer ... [Read More]
Despite slight dip in new-car prices, leasing costs projected to keep rising
Monday, Apr. 11, 2022, 03:32 PM
Auto Fin Journal Staff
Freedonia Focus Reports and Kelley Blue Book shared more data and projections about vehicle leasing and new-model prices. Freedonia Focus Reports said that U.S. consumer spending on vehicle leases is forecast to rise 1.3% per year in nominal dollars through ... [Read More]
TransUnion reinforces decisioning solutions through partner program expansion
Wednesday, Apr. 6, 2022, 03:48 PM
Auto Fin Journal Staff
As the global economy shifts and consumer credit markets evolve, TransUnion acknowledged that credit decisioning requirements have become even more complex and customized. To address the rapidly evolving needs and priorities of financial institutions, TransUnion announced on Wednesday an expansion ... [Read More]
Wolters Kluwer & Lightico collaborate for cloud-based auditing, contracts, security & more
Wednesday, Apr. 6, 2022, 03:46 PM
Auto Fin Journal Staff
Less than a month after landing a partnership with banking technology solutions provider Nymbus, Lightico announced on Wednesday it’s now collaborating with Wolters Kluwer Compliance Solutions, too. Lightico said it plans to leverage the capabilities of Wolters Kluwer’s eOriginal product ... [Read More]
Refinancing company modifies branding to iLending
Wednesday, Apr. 6, 2022, 03:44 PM
Auto Fin Journal Staff
In August and September, iLendingDIRECT gained a new chief executive officer, raised $35 million to fuel its refinancing efforts and bolstered its workforce and infrastructure in South Carolina. On Monday, the company launched a brand refresh and new logo designed ... [Read More]
PODCAST: Patrick Roosenberg of J.D. Power on changing lease market
Wednesday, Apr. 6, 2022, 03:41 PM
Auto Fin Journal Staff
Soon after J.D. Power released its 2022 U.S. End of Lease Satisfaction Study, we connected with Patrick Roosenberg, who is the company’s director and practice lead of automotive finance intelligence. Along with discussing the study, Roosenberg also touched on some ... [Read More]
Inovatec to leverage Point Predictive data to curb fraud, reinforce efficiencies
Monday, Apr. 4, 2022, 02:44 PM
Auto Fin Journal Staff
The exhibit booths of Inovatec Systems and Point Predictive were nearly adjacent during the Vehicle Finance Conference hosted by the American Financial Services Association last month. Now the tech firms now officially are joining forces. Last week, Inovatec Systems and Point ... [Read More]
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]