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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

Fitch Ratings: Artificial intelligence helps underwriting but comes with risks

artificial intelligence
Auto Fin Journal Staff
Fitch Ratings acknowledged that artificial intelligence and machine learning  are increasingly deployed in credit and risk functions at financial institutions, enabled by greater data availability and affordable computing capacity While AI and ML can improve operational efficiency and analytical outcomes, ... [Read More]

Another provider focused on security joins NADA Affinity Provider Program

NADA affinity logo for web
Auto Fin Journal Staff
For the second time in about a week, a service provider whose goal it is to keep franchised dealerships safe from online threats became a part of the NADA Affinity Provider Program. The National Automobile Dealers Association (NADA) introduced Seventh ... [Read More]

NSF pouring nearly $30M into scholarships to train more cybersecurity experts

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Auto Fin Journal Staff
The National Science Foundation (NSF) is looking to help both the private sector companies as well as federal government agencies land highly trained experts who can fill the growing need for a highly skilled national cybersecurity workforce capable of responding ... [Read More]

Tricolor honored for excellence in financial inclusion

daniel chu for web
Auto Fin Journal Staff
Tricolor now has quite an accolade on its digital mantle. The company announced on Wednesday that it has been named the LendIt Fintech Industry Award winner for Excellence in Financial Inclusion. Tricolor highlighted that it was honored for its use ... [Read More]

ForeverCar partners with Carvana for vehicle protection plans

forevercar carvana for web
Auto Fin Journal Staff
ForeverCar and Carvana announced a strategic partnership on Tuesday. The digital omnichannel vehicle service contract platform and 2020 Emerging 8 honoree now is teaming with the e-commerce platform for buying and selling used vehicles to offer what they believe is ... [Read More]

Crypto use gaining traction in luxury-vehicle market

bitcoin picture
Auto Fin Journal Staff
While Bitcoin may not yet be accepted as a medium of exchange for everyday items, at least one luxury model dealership as well as a digital asset advisory firm both are seeing a notable increase in customers wanting to transact ... [Read More]

NADA brings in Accelerate2Compliance as Affinity Provider Program

NADA affinity logo for web
Auto Fin Journal Staff
The National Automobile Dealers Association is looking to help members keep their information secure at the dealership. On Wednesday, NADA said Accelerate2Compliance (A2C) has been chosen as a vendor within the association’s Affinity Provider Program. NADA noted that A2C offers ... [Read More]

Solifi joins BlackBerry IVY advisory council, bringing auto-finance use cases

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Auto Fin Journal Staff
Solifi recently announced a collaboration with BlackBerry Limited that will integrate BlackBerry IVY with the company’s open finance platform to drive innovative, high-impact finance use cases for OEMs and automotive finance providers. According to a news release, Solifi becames the ... [Read More]

CULA sets 2 new records for vehicle leasing in 2021

Young couple, dealership 666270484
Auto Fin Journal Staff
Credit Union Leasing of America (CULA) enjoyed a record-setting year in 2021. The company recently tabulated and shared its annual metrics, highlighting that it helped to generate $2 billion in lease originations. That dollar figure stemmed from originating 50,000 leases ... [Read More]

TransUnion adds new board member, chief data & analytics officer

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Auto Fin Journal Staff
Along with a new addition to its board of directors, TransUnion also announced the appointment for the newly created role of executive vice president and chief data and analytics officer. Those two actions are both effective on Tuesday. Joining is ... [Read More]

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