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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

Honda picks Upstart Auto Retail as a digital retailing partner

Honda accord for web
Auto Fin Journal Staff
Upstart, a leading artificial intelligence lending marketplace, recently announced that Upstart Auto Retail is now certified as a Honda Digital Solutions (HDS) partner. As an HDS Digital Retailing solution, Upstart Auto Retail’s modern vehicle buying software is now available to ... [Read More]

Credit unions originate record $62.1B in Q3 via Origence

Auto Fin Journal Staff
Origence and credit unions are on quite a roll with auto financing. For the third consecutive quarter in 2022 and for the fourth straight quarter overall, Origence said it has delivered a record amount in credit union auto finance contracts ... [Read More]

AFG integrates with MeridianLink to streamline Balloon Lending Program

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Auto Fin Journal Staff
Auto Financial Group (AFG), announced on Tuesday that it has signed an integration agreement with MeridianLink, which provides software platforms for financial institutions and consumer reporting agencies. AFG said this partnership further reinforces its mission to pursue innovative solutions that ... [Read More]

Lendbuzz fueled by another credit facility from J.P. Morgan

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Auto Fin Journal Staff
Lendbuzz began November by announcing that it closed a $150 million credit facility with J.P. Morgan. The growing fintech company making headway in the auto financing market using artificial intelligence and machine learning algorithms said this is the second credit ... [Read More]

New Point Predictive solution to help finance companies vet dealers to curb fraud

fraud prevention
Auto Fin Journal Staff
A recent dealer survey by eLEND Solutions showed how much stores feel exposed to fraud. Last week, Point Predictive launched a solution to address that specific challenge and more with a tool to help finance companies vet dealerships based on ... [Read More]

Wolters Kluwer: Digital transformation continues even as retail sales slow

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Auto Fin Journal Staff
Wolters Kluwer recently announced third quarter results and analysis from its Auto Finance Digital Transformation Index, a key resource that tracks the rate at which auto dealers, service providers and finance companies are seeing growth in the evolution from paper-based ... [Read More]

Tenet closes $20M warehouse facility from Silicon Valley Bank

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Auto Fin Journal Staff
Last week, Tenet announced that the company has secured what it believes is the first-ever electric vehicle (EV) only warehouse facility to make EVs more affordable. According to a news release, Tenet has entered into a warehouse financing agreement of ... [Read More]

eLEND Solutions survey finds most dealers lack effective fraud protection

elend solutions chart for web
Auto Fin Journal Staff
Most dealers who participated in a new survey from eLEND Solutions acknowledged they have a serious problem in connection with digital retailing and many do not have a proven strategy to solve it. According to the fintech company’s new report ... [Read More]

Womack shows passion to help others in route to being Auto Finance Executive of the Year

Marc Womack 2022WEB
Nick Zulovich, Senior Editor
In October 2021, Santander Consumer USA named Marc Womack as head of operations. A year later, Womack has been named as the Auto Finance Executive of the Year, an honor presented by Black Book. Womack will officially be given the ... [Read More]

Capstreet-backed CBC acquires CreditDriver Solutions

merger and acqusition red greeen and white
Auto Fin Journal Staff
And the M&A parade in automotive continues. This week, Credit Bureau Connection, a provider of credit report and compliance solutions to automotive dealers, finance companies, and other end markets, announced the acquisition of CreditDriver Solutions, a soft credit technology provider ... [Read More]

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