PODCAST: Wolters Kluwer Auto Finance Digital Transformation Index reflects sluggish sales in Q3
Wednesday, Oct. 30, 2024, 11:36 AM
Timmerman’s distinguished career at Ally now includes Auto Finance Executive of the Year Award
Monday, Oct. 28, 2024, 09:59 AM
Auto finance startup taps former ACV exec to be CTO
Monday, Nov. 4, 2024, 10:44 AM
FS-ISAC: Intelligence sharing by financial services companies rises 60%
Wednesday, Oct. 20, 2021, 02:44 PM
Auto Fin Journal Staff
Industry collaboration is continuing to strengthen to combat online malfeasance. The Financial Services Information Sharing and Analysis Center (FS-ISAC) — a global cyber intelligence sharing community solely focused on financial services — recently announced that global cyber intelligence sharing among ... [Read More]
Alfa opens thought leadership series on agile implementations
Monday, Oct. 18, 2021, 03:10 PM
Auto Fin Journal Staff
Alfa, provider of Alfa Systems, recently rolled out a new thought leadership series to discuss how asset finance organizations can work in an agile fashion to deliver quick and often on their software implementations. The series, titled “Innovation in Implementation,” draws ... [Read More]
CIG Financial completes implementation of Point Predictive tools
Wednesday, Oct. 13, 2021, 03:45 PM
Auto Fin Journal Staff
Point Predictive highlighted this week that another finance company has successfully completed its Auto Fraud Manager implementation. Not long after Lobel Financial finished the journey, CIG Financial now has, too, leveraging real-time consortium fraud alerts and sophisticated artificial and natural ... [Read More]
Vehicle subscription startup rolls out service in Pennsylvania
Wednesday, Oct. 13, 2021, 03:42 PM
Auto Fin Journal Staff
Another vehicle subscription start-up launched this week with an eye on being a simple and affordable alternative to traditional auto leases and financing GO announced its subscription service is available to customers throughout the Philadelphia metro area. GO said through ... [Read More]
TransUnion appoints new chief information security officer
Wednesday, Oct. 13, 2021, 03:40 PM
Auto Fin Journal Staff
A former Visa executive is taking an important role at TransUnion. On Tuesday, TransUnion announced the appointment of industry veteran Bill Shields as the company’s new chief information security officer (CISO). Shields comes to TransUnion from Visa and has more ... [Read More]
Upstart continues solution development to leverage AI for auto financing
Monday, Oct. 11, 2021, 04:03 PM
Auto Fin Journal Staff
Upstart ventured into auto financing last summer and then acquired Prodigy in April to enhance its platform fueled by artificial intelligence. Then last week, the company announced the availability of Upstart Auto Retail software, which includes AI-enabled financing. Upstart explained ... [Read More]
Moody’s examines greater risk when financing AFVs
Monday, Oct. 11, 2021, 03:57 PM
Auto Fin Journal Staff
Moody’s Investors Service said accelerating sales of alternative fuel vehicles (AFVs) — include battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), hybrid electric vehicles and alternatively-powered electric vehicles — will shift portfolio compositions and credit fundamentals across auto-related sectors ... [Read More]
Former Edmunds, DealerSocket exec joins AutoAPR as VP of sales
Wednesday, Oct. 6, 2021, 04:03 PM
Auto Fin Journal Staff
AutoAPR recently named a new vice president of sales. Taking on the role for the payment engagement company that aims to reduce friction points by matching virtual payment calculations to a dealer’s inventory is Rob Hubbell. In this role, the ... [Read More]
Lobel Financial leverages Point Predictive tools to curb fraud
Wednesday, Oct. 6, 2021, 04:01 PM
Auto Fin Journal Staff
Point Predictive announced this week that Lobel Financial has successfully completed its Auto Fraud Manager implementation. With Auto Fraud Manager now in place, Lobel Financial will use Point Predictive’s fraud alerts and scores in real-time within the finance company’s native ... [Read More]
Tekion’s valuation reaches $3.5B via Series D funding round
Wednesday, Oct. 6, 2021, 03:58 PM
Auto Fin Journal Staff
Another round of funding that included an Asian automaker and several dealer groups across the United States drove Tekion’s valuation to $3.5 billion, according to a news release distributed on Tuesday. The valuation arrived as Tekion — innovator of the ... [Read More]