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This Month's Focus

Turbocharged Finance
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3 primary capabilities of PayNearMe’s AI Servicing and Collections Agent
Almost a month ago, PayNearMe acquired the technology assets and hired the key employees of Marr Labs in a move described as one that will “help shape the future of payments.” The next development in that future involving artificial intelligence ... Read More
Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
ITOCHU invests in MOTER again to leverage connected-car technology
If you didn’t believe the modern vehicles you’re financing, retailing or repairing are smartphones rolling on four wheels, perhaps this investment announcement will sway your opinion. MOTER Technologies, an artificial intelligence-powered insurtech company that delivers a connected vehicle data platform ... Read More
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here

Tenet launches financing platform that sees EVs as ‘clean collateral’

Tenet_Infographic for web
Auto Fin Journal Staff
Tenet recently made progress on multiple financial fronts. First, the company unveiled a new financial solution intended to lower the cost of ownership for electric vehicles “that rejects standard car depreciation models and values EVs as clean collateral.” Tenet also ... [Read More]

Lightico promotes Haroosh to sales director of consumer lending

Yotam Haroosh at AIS 2022
Auto Fin Journal Staff
One of the speakers at this year’s Auto Intel Summit recently received a promotion by his fintech employer. Lightico, a provider of digital customer interactions, promoted Yotam Haroosh to sales director of consumer lending as part of the company’s rapid ... [Read More]

PODCAST: Monthly episode with Point Predictive revisits consortium roundtables

podcast image
Auto Fin Journal Staff
For our monthly installment of the Auto Remarketing Podcast focused on fraud, Justin Davis and Frank McKenna of Point Predictive recapped the roundtables they orchestrated in June in conjunction with the Non-Prime Auto Financing Conference hosted by the National Automotive ... [Read More]

VINData & Inovatec integrate to boost underwriting, spot potential risk

problems and solutions
Auto Fin Journal Staff
VINData, a provider of trusted vehicle history and remarketing information, recently announced a partnership with Inovatec, a leader in cloud-based loan origination and loan management solutions for the automotive sector. Through this relationship, VINData will integrate its offerings into Inovatec’s ... [Read More]

Newest CULA partner brings championship background

leasing stock pic
Auto Fin Journal Staff
The newest partner of Credit Union Leasing of America (CULA) is familiar of what it’s like to be a champion. CULA recently announced it is now partnering with UNIFY Financial Credit Union (UNIFY), the official credit union of the 2022 ... [Read More]

Premier Financial Services celebrating 25 years by highlighting diverse range of exotic vehicle customers

premier financial services for web
Auto Fin Journal Staff
Premier Financial Services (PFS) is celebrating 25 years with marketing campaign featuring some of its most diverse, high-profile customers. The finance company providing specialty leasing for new and previously owned Ferraris, Porsches, McLarens, Lamborghinis and other exotic, vintage and luxury ... [Read More]

Survey: 87% of consumers want mobile-first auto finance transactions

lightico wolters kluwer cover for web
Auto Fin Journal Staff
While you might occasionally still see someone with a flip phone attached to their belt, most consumers are walking around with a smartphone in their pockets with the capability on par with a laptop computer. And the Digital Auto Finance ... [Read More]

Woodside Credit unveils new website to help collectors & dealers

woodside credit for web
Auto Fin Journal Staff
A finance company that specializes in the collector car market launched its new website last week in an effort also to work with dealerships that retail vehicles that might not be quite rare. Woodside Credit highlighted that its new site ... [Read More]

Allied Solutions invests in Rate Reset

fintech investment
Auto Fin Journal Staff
Allied Solutions is continuing its investment push into technology firms outside of its organization. The provider of insurance, lending, risk management and data driven solutions to financial institutions recently announced an investment in Rate Reset, a Washington D.C.-based technology company. ... [Read More]

Arcimoto finalizes agreement with FreedomRoad Financial

fuv-alvord-cleaned-desktop for web
Auto Fin Journal Staff
Financing for electric vehicles continues to gain more momentum. A few days after Bank of America finalized a relationship with Lucid Group, Arcimoto announced on Wednesday that manufacturer has entered into an agreement with FreedomRoad Financial, a loan production office ... [Read More]

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