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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
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

Origence & Eltropy enhance partnership to help credit unions improve originations

FlexPath DXP joins OIADA as vendor partner
Auto Fin Journal Staff
Origence and Eltropy said this week that they are expanding their partnership to deliver an enhanced origination experience. The technology solutions provider for credit unions and the digital communications platform for community financial institutions (CFIs) said they’re broadening their partnership ... [Read More]

iLending promotes Goraczkowski to be president

job promotion
Auto Fin Journal Staff
Last week, iLending promoted Nick Goraczkowski to be president after serving the auto refinance company as senior vice president and chief revenue officer for more than a decade. Goraczkowski takes over for Tom Holgate, who served as company president for ... [Read More]

Volvo Car Financial Services & Polestar Spaces now leverage Dealertrack

Auto Fin Journal Staff
Volvo retailers and Polestar Spaces now can take advantage of Dealertrack digital contracting across all lease and retail contracts through Volvo Car Financial Services (VCFS) and Polestar Financial Services (PFS). Dealertrack highlighted that connecting Volvo retailers and Polestar Spaces with ... [Read More]

How pandemic eroded finance company loyalty

Auto Fin Journal Staff
The pandemic apparently created another health impact; this time on auto financing. Analysis by S&P Global Mobility and TransUnion revealed loyalty to automotive finance institutions eroded significantly during the pandemic whether customers were leasing or buying vehicles. Across new-vehicle leasing ... [Read More]

Informativ partners with AutoFi to streamline credit compliance checks

compliance
Auto Fin Journal Staff
Informativ finalized a partnership with AutoFi this week with the goal being to save dealers time and potential errors. The companies are looking to accomplish this objective by pushing all the necessary information from the AutoFi credit application into the ... [Read More]

Experian releases 2023 U.S. Identity and Fraud Report

Experian blends NeuroID behavioral analytics into fraud prevention solutions
Auto Fin Journal Staff
It’s likely your auto finance applicants and current customers are wary about fraud. The 2023 U.S. Identity and Fraud Report from Experian showed more than half of consumers feel they’re more of a target for fraud than a year ago. ... [Read More]

Bain examines potential investment implications of record $3.7T in ‘dry powder’

Auto Fin Journal Staff
The investment world could generate quite an explosion with the amount of “dry powder” that’s available, according to Bain & Co. On Monday, the firm released its Private Equity Midyear Report 2023. Bain said that after four quarters of relative ... [Read More]

NETSOL Cloud Services gains AWS Lambda Service Delivery designation

Auto Fin Journal Staff
NETSOL Cloud Services, a provider of cloud-based solutions and a division of NETSOL Technologies, announced that it has been awarded the AWS Lambda Service Delivery designation by Amazon Web Services (AWS). The company highlighted this recognition acknowledges NETSOL Cloud Services’ ... [Read More]

Car IQ continues relationship building; this time with Visa

Auto Fin Journal Staff
Car IQ is compiling quite a fleet of relationships to spread the use of its payment technology. The company on Wednesday teamed up with Visa to enable vehicles to transact directly with Visa’s global ecosystem of merchants and banks, and ... [Read More]

TransUnion study: Credit score not translating into strong consumer performance

Auto Fin Journal Staff
Experts said credit scores are generally higher nowadays, but outstanding portfolios aren’t necessarily reflecting a financial health often seen with contracts connected to higher points on the credit spectrum. A new TransUnion study determined that median credit scores — aided ... [Read More]

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