Bain: Private equity slowdown ‘finally bottoming out’
Monday, Jun. 3, 2024, 10:45 AM
Auto Fin Journal Staff
The newest analysis from Bain & Company about the private equity world contained another positive theme. In March, Bain said it was already seeing “green shoots” in the private-equity world. On Monday, analysts said the two-year long slump in global ... [Read More]
Solutions by Text lands $110M growth round led by Edison Partners & StepStone Group
Wednesday, May. 29, 2024, 12:00 PM
Auto Fin Journal Staff
Investors are bullish about text messaging. Solutions by Text (SBT), a platform for compliance-first messaging and payments, on Wednesday announced the raising of $110 million in new growth financing. According to a news release, growth equity investment firm Edison Partners ... [Read More]
Report: 90% of organizations experienced an identity-related incident in the last year
Wednesday, May. 29, 2024, 11:59 AM
Auto Fin Journal Staff
This week, the Identity Defined Security Alliance (IDSA) released its 2024 Trends in Identity Security Report, which is based on an online survey of more than 520 identity and security professionals from organizations with more than 1,000 employees. The nonprofit ... [Read More]
Solifi unveils SaaS offering for ESG in automotive finance
Wednesday, May. 29, 2024, 11:58 AM
Auto Fin Journal Staff
Solifi recently launched ESG Portfolio Strategist as the latest application in its product suite. Enabling automotive finance companies to operationalize environmental, social, and governance (ESG) strategy within their existing leasing workflow, the global fintech software partner for secured finance said ... [Read More]
7 enhancements of Experian Ascend Technology Platform
Wednesday, May. 22, 2024, 11:41 AM
Auto Fin Journal Staff
Experian is aiming to provide simplification, scalability and automation through new enhancements to its cloud-based Experian Ascend Technology Platform. Experian unveiled these enhancements to more than 500 business leaders during its annual Vision conference in Scottsdale, Ariz., representing a significant ... [Read More]
Scalability now available for Alfa Systems 6
Wednesday, May. 22, 2024, 11:40 AM
Auto Fin Journal Staff
Last week, Alfa launched the fourth of six releases that make up Alfa Systems 6. The latest one is Scalability that’s designed to present functionality designed for providers looking to scale their business with flexibility and speed. The company highlighted ... [Read More]
PODCAST: Experian’s Brad Smith on blockchain’s robust potential in automotive & beyond
Monday, May. 20, 2024, 11:06 AM
Auto Fin Journal Staff
Talking about blockchain gets Brad Smith excited about its significant potential in automotive and elsewhere in financial services. The vice president of product management at Experian explained his reasons during this episode of the Auto Remarketing Podcast recorded at this ... [Read More]
700Credit boosts prequalification process by integrating with SelectFI Lender Selector
Wednesday, May. 15, 2024, 11:57 AM
Auto Fin Journal Staff
About two months after forming a relationship involving data storage, 700Credit on Tuesday announced an integration with SelectFI Lender Selector, a predictive financing platform. The companies said their alignment can allow dealerships to instantly generate multiple financing estimates for each ... [Read More]
Dominion DMS integrates with Gather for insurance verification & more
Wednesday, May. 15, 2024, 11:54 AM
Auto Fin Journal Staff
Dominion DMS announced an integration with Gather on Wednesday. This collaboration integrates Gather’s identity and insurance verification technology with Dominion DMS’s flagship product, VUE, a cloud-core dealer management system. Gather said its technology can streamline the identity and insurance verification ... [Read More]
Deloitte: Generative AI gaining broader adoption in finance
Wednesday, May. 8, 2024, 11:34 AM
Auto Fin Journal Staff
Deloitte is seeing momentum for accelerated adoption for generative artificial intelligence within finance and accounting this year. According to a Deloitte Center for Controllership poll, even though few executives (6.6%) say their organizations have already implemented generative AI solutions to ... [Read More]