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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
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

iLending raises $35M to handle growth for auto refinancing

tom holgate for web
Auto Fin Journal Staff
Within days of the new chief executive officer describing the ripe opportunities for auto refinancing, iLendingDIRECT secured more funding to grow its operations and more. On Friday, iLending announced that it has raised an additional $35 million through a transaction ... [Read More]

5 parts of latest FFIEC guidance on authentication & access to digital banking systems

ffiec for web
Auto Fin Journal Staff
Last week, the Federal Financial Institutions Examination Council (FFIEC) issued updated guidance that provides financial institutions with examples of effective authentication and access risk management principles and practices for customers, employees and third parties accessing digital banking services and information ... [Read More]

FUSE Autotech closes another $10M in funding

fuse autotech for web
Auto Fin Journal Staff
In January, Walser Automotive Group, in partnership with PICO Venture Partners, announced the launch of a cloud-based predictive finance management system fueled by artificial intelligence that’s designed to cut the delivery process down from an average of three hours to ... [Read More]

Car IQ secures $15M Series B round for fleet vehicle payment platform

Car IQ for web
Auto Fin Journal Staff
Car IQ is looking to make payments easier for fleet managers to track and drivers of fleet vehicles to make when they’re behind the wheel. The company that developed a payment solution specifically for fleet vehicles, on Wednesday announced it ... [Read More]

With latest financing round, Jerry gains $450M valuation

jerry for web
Auto Fin Journal Staff
In less than a year, car-ownership app Jerry forged an investment path to value the company at $450 million. The latest stop on the journey happened on Tuesday when Jerry announced the completion of a $75 million Series C funding ... [Read More]

Champ Titles raises another $8.5M for growth & expansion

champ titles for web
Auto Fin Journal Staff
Sometimes, one of the most challenging parts of vehicles changing ownership is completing the title work. Champ Titles is trying to smooth that process and now has more financial resources to do so. On Wednesday, the technology company that looking ... [Read More]

Minnesota independent dealer group leveraging AI to increase vehicle deliveries

artificial intelligence
Auto Fin Journal Staff
Drive Appeal, an independent dealership group with five rooftops in Minnesota, is turning to artificial intelligence to boost its underwriting and enhance vehicle deliveries. According to a news release, Drive Appeal (formerly AC Motors), recently selected AI-powered platform Scienaptic AI ... [Read More]

Now as CEO of iLendingDIRECT, Holgate sees more opportunity for auto refinancing

tom holgate for web
Nick Zulovich, Senior Editor
Now as the newly installed chief executive officer of iLendingDIRECT, Tom Holgate is looking for the company fueled by resources from private investment firm J.C. Flowers & Co. to continue to leverage the refinancing marketplace aided by strong used-vehicle prices. ... [Read More]

Carputty secures $7.2M in funding to ‘rewrite industry rules’ of auto financing

carputty execs for web
Auto Fin Journal Staff
Startup Carputty wants to “rewrite industry rules” when it comes to auto financing. The firm now has more than $7 million in funding to get that process in motion. On Friday, Carputty announced it has raised $7.2 million in a ... [Read More]

MotoRefi lands another $5M in funding & path to credit unions

application
Auto Fin Journal Staff
MotoRefi not only secured more funding, the fintech startup that helps consumers refinance their installment contract also gained an important pathway into the credit union market. On Wednesday, MotoRefi announced a $5 million investment from Curql Fund. With the investment, ... [Read More]

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