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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Parthenon Capital Partners acquires KBRA

jim nadler KBRA for web
SubPrime Auto Finance News Staff
One of the closest observers of the auto securitization market now has new ownership after forming in the wake of the global financial crisis. Kroll Bond Rating Agency (KBRA) announced on Tuesday that it has entered a deal with growth-oriented ... [Read More]

AUL charitable giving surges past $1M since 2012

Charity shutterstock_88662181
SubPrime Auto Finance News Staff
You could say AUL Corp. is in a giving mood. AUL president and chief executive officer Jimmy Atkinson announced on Friday that the F&I provider just surpassed $1 million in total charitable contributions since 2012. This year, AUL said it ... [Read More]

Santander updates share acquisition deadlines

news update 2
SubPrime Auto Finance News Staff
Almost four months later, the journey of Santander Consumer USA shifting from a publicly traded company to a private firm still isn’t over the financial finish line. The company announced last week that it has extended the expiration date of its ... [Read More]

DriveItAway to gain new ownership via share exchange

John Possumato_0
SubPrime Auto Finance News Staff
Earlier this week, DriveItAway announced its newest program for employers to enable vehicle ownership as both a means and incentive for potential new employees to get to work. On Thursday, the mobility platform with its subscription-to-purchase technology for dealers made ... [Read More]

Car Capital rounding out busy year with new chief revenue officer

new hire
SubPrime Auto Finance News Staff
Car Capital is capping off an active year by bringing on a new chief revenue officer this week. Looking to establish itself as an up-and-coming auto-finance technology company that strives to get any deal bought no matter the consumer credit ... [Read More]

COMMENTARY: Nearly year-end market review

auto financing
Joseph Cioffi, Davis+Gilbert
Delinquencies and losses should be the canary in the coal mine for performance trends, but they can also wag the dog, drawing attention away from looming issues. In subprime lending, borrowers could demonstrate the first indications of trouble for the ... [Read More]

DriveItAway looking to solve transportation issue for employers needing workers

driveitaway picture for web
SubPrime Auto Finance News Staff
With so many help-wanted signs visible at businesses nowadays, DriveItAway wants to be a part of the transportation solution for both employers and workers — especially individuals with soft credit histories or without significant funds for a down payment. On ... [Read More]

Study examines the ‘next normal’ in collections

collections
SubPrime Auto Finance News Staff
A new report by TransUnion and Aite-Novarica Group explored how significantly the collections industry is changing. The report found that the collections industry is boosting hiring and technology investments as it transitions into a “next normal” stage. [Read More]

PODCAST: Additional used financing insights from Experian

podcast image
SubPrime Auto Finance News Staff
Experian’s latest report highlighted additional data about the used-vehicle finance market, showing the amount financed for consumers to take delivery of a used model during the third quarter 20% year-over-year. During this episode of the Auto Remarketing Podcast, Experian senior ... [Read More]

DDI brings electronic vehicle title and registration to Wisconsin

Wisconsin map
SubPrime Auto Finance News Staff
DDI Technology is now fully operational in the Badger State. On Monday, the electronic lien and title technology firm and a subsidiary of IAA announced the expansion of its electronic title and registration product offering into the state of Wisconsin ... [Read More]

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