A way some of the best recovery industry professionals can be recognized is now available and open for submissions. Organizers of the 11th annual North American Repossessors Summit — held by the American Recovery Association (ARA) in conjunction with headline ... [Read More]

Veros Credit is taking additional measures in an attempt to keep fraud from permeating its portfolio. This week, the subprime auto finance company became the latest provider to adopt PointPredictive’s fraud scoring solution. Veros Credit joins a growing list of finance ... [Read More]

Coming on the heels of Automotive Intelligence Council member MBSi Corp. making a move involving the firm, Recovery Industry Services Co. (RISC) announced it has joined forces with recently acquired Vendor Transparency Solutions (VTS) to unite compliance services and provide ... [Read More]

During the annual Northwood University Dealer Education Awards breakfast in conjunction with NADA Show 2019 in San Francisco, the Association of Finance & Insurance Professionals (AFIP) awarded the Jakob Murray Lange Memorial scholarship. AFIP executive vice president of operations Shannon ... [Read More]

GSFSGroup has a new leader. The provider of F&I products, training, dealer development and reinsurance structures to the automotive industry named Guy Koenig as president in a move that was effective on Feb. 27. Throughout his professional career, GSFSGroup highlighted ... [Read More]

Our series of episodes originating from the Vehicle Finance Conference hosted by the American Financial Services Association continues with a conversation including Craig Stokum, who is director of sales in automotive for ID Analytics. Nick asked ID Analytics about alternative ... [Read More]

Experian’s Q4 2018 State of the Automotive Finance Market report showed that seven states closed this past year with 60-day delinquency rates of at least 1 percent. Overall, analysts pinpointed the 60-day delinquency rate at 0.78 percent in Q4, which ... [Read More]

The Federal Trade Commission on Tuesday said it is seeking comment on proposed amendments to two rules that protect the privacy and security of customer information held by financial institutions. In separate notices to be published in the Federal Register ... [Read More]

More consolidation in the recovery space arrived late on Tuesday as Automotive Intelligence Council member MBSi Corp. increased its collection of resources. The provider of compliance-enabled repossession assignment management software and vendor management software announced the acquisition of My Recovery ... [Read More]

An F&I provider that’s been in business for more than 30 years has new ownership. Kingsway Financial Services on Tuesday announced it has closed on its acquisition of Geminus Holding Co., a specialty, full-service provider of vehicle service contracts and other ... [Read More]