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
S&P Global and IHS Markit announce merger
Monday, Nov. 30, 2020, 04:15 PM
Auto Fin Journal Staff
S&P Global and IHS Markit highlighted nine reasons why the definitive merger agreement they announced on Monday is going to be beneficial for stockholders and the clients that use their automotive and finance data. According to a news release, S&P ... [Read More]
J.D. Power: Digital financing ending ‘old way of doing things’
Monday, Nov. 23, 2020, 04:30 PM
Auto Fin Journal Staff
When it comes to digital financing through dealerships and finance companies, the genie is out of the bottle. The toothpaste is out of the tube. Pick whatever analogy you want to use, as J.D. Power put it: customers “won’t go ... [Read More]
CU Direct and DealerSocket complete new integration
Wednesday, Nov. 18, 2020, 04:50 PM
Auto Fin Journal Staff
CU Direct recently integrated with DealerSocket’s CRM in an effort to boost performance for both credit unions and dealerships. As a result of the collaboration, CU Direct has expanded its CUDL auto financing platform’s DMS/CRM integration solution to include DealerSocket. ... [Read More]
FIS chosen as exclusive payment processing provider for Reynolds
Wednesday, Nov. 18, 2020, 04:49 PM
Auto Fin Journal Staff
FIS and Reynolds and Reynolds now are working together through a multi-year agreement the companies recently finalized to help dealerships with accounting chores and more. According to a news release, FIS has been selected as the exclusive payments provider for ... [Read More]
Equifax promotes Bourgeois to be automotive general manager
Wednesday, Nov. 18, 2020, 04:47 PM
Auto Fin Journal Staff
One of last year’s Women in Auto Finance honorees received an executive promotion this week. Equifax named Lena Bourgeois as automotive general manager, responsible for driving customer value and accelerating company growth in the automotive market. The company highlighted Bourgeois ... [Read More]
PNC to acquire BBVA in $11.6B all-cash deal
Monday, Nov. 16, 2020, 03:50 PM
Auto Fin Journal Staff
Should federal regulators give the same approvals both company boards already have, PNC Bank is set to become the fifth-largest bank in the U.S. based on assets and deposits. On Monday morning, PNC Financial Services Group and the Spanish financial ... [Read More]
LexisNexis Risk Solutions to pull mileage & more from connected vehicles for enhanced solution
Friday, Nov. 13, 2020, 04:17 PM
Auto Fin Journal Staff
Connected vehicles are giving LexisNexis Risk Solutions the path to provide more information to its clients, which can be crucial when a total-loss claim is in motion. The provider of data, analytics and technology for insurance recently announced the inclusion ... [Read More]
Xtime teams with Sunbit for additional payment options in dealer service departments
Friday, Nov. 13, 2020, 04:15 PM
Auto Fin Journal Staff
Xtime is continuing to make inroads to help dealerships work with their service-drive customers who might need assistance in paying for vehicle repairs — especially as pandemic impact lingers. The software service solution now is collaborating with Sunbit, the technology ... [Read More]
CUNA Mutual Group bolsters auto fintech capabilities with two acquisitions
Friday, Nov. 13, 2020, 04:12 PM
Auto Fin Journal Staff
CUNA Mutual Group ventured deeper into the automotive and fintech worlds this week by acquiring one of this year’s Emerging 8 honorees. The mutual insurance holding company acquired ForeverCar, the Chicago-based start-up company that protects vehicle owners from expensive repairs ... [Read More]
Market Scan expands business development team with two former Cox executives
Friday, Nov. 13, 2020, 04:10 PM
Auto Fin Journal Staff
Market Scan welcomed a pair of former Cox Automotive executives this week that the Sofware-as-a-Service solutions and data provider said will help to realize its enterprise solutions’ growth strategies. Coming aboard are Damon Bennett as vice president of business development ... [Read More]