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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

PODCAST: DRN’s Jeremiah Wheeler recaps Auto Intel Summit appearance, looks ahead to Used Car Week

Jeremiah Wheeler at AIS 2019
SubPrime Auto Finance News Staff
One of the most frequent guests on the Auto Remarketing Podcast is back for another episode. DRN’s Jeremiah Wheeler recapped his TED-style presentation during this summer’s Auto Intel Summit along with looking ahead to Used Car Week, which begins on ... [Read More]

ADCO adds Henrick to board of directors

compliance
SubPrime Auto Finance News Staff
One of the regular contributors published within SubPrime Auto Finance News is taking on another industry responsibility. Linda Robertson, executive director of the Association of Dealership Compliance Officers (ADCO), announced on Wednesday that Randy Henrick has joined ADCO’s board of ... [Read More]

2 financing components fuel WalletHub’s Labor Day weekend sales projection

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SubPrime Auto Finance News Staff
Your finance company's underwriting department should be quite busy during the next few days if the newest research from WalletHub is any indication. Despite business headlines chronicling the travails of the stock market and international trade clashes, WalletHub projected that ... [Read More]

Ally survey: Millennials & Gen Z spending more on vehicle repair & maintenance

Ally_Financial_vehicle_repairs for web
SubPrime Auto Finance News Staff
Younger consumers are paying more for vehicle repairs than their older counterparts, according to a survey orchestrated by Ally Financial, which also reinforced the value of vehicle service contracts. A recent Ally survey conducted online by The Harris Poll among ... [Read More]

DealerSocket’s Precise Price now integrated within F&I Express

online car shopping
SubPrime Auto Finance News Staff
At its recent User Summit, DealerSocket lauched a new integration between the software company’s Precise Price digital retailing solution and F&I Express’ network of approximately 160 F&I product providers. The companies highlighted this new combination can enable an even more ... [Read More]

Universal Lenders integrates with Darwin’s F&I and digital retailing software suite

news update
SubPrime Auto Finance News Staff
Universal Lenders recently announced the integration of its ZERO Plan program with the entire suite of Darwin Automotive F&I and digital retailing software solutions. The companies explained this integration partnership will allow Darwin’s dealer clients access to premium finance all ... [Read More]

DOJ lands sentences for 7 conspirators in nearly $2M auto-finance fraud scheme

fraud prevention
SubPrime Auto Finance News Staff
For the second time this month, the Justice Department announced prison punishments for charges related to fraudulent auto financing. Not long after getting a judge to sentence a Wisconsin man in connection with a Ponzi scheme fueled by luxury vehicles, ... [Read More]

CPS shares update on 2 system enhancements

fintech investment
SubPrime Auto Finance News Staff
Consumer Portfolio Services is leveraging technology to improve both decisioning on applications that arrive from dealers as well as the finance company’s evaluation of those stores where those potential originations first surface. CPS shared in a message with SubPrime Auto ... [Read More]

EFG rolls out VSC tailored for electric vehicles

plug in shutterstock_548313280_0
SubPrime Auto Finance News Staff
EFG Companies now has a vehicle service contract designed to meet the unique needs of electric vehicle owners and aid dealerships in two crucial areas of their operations. EFG recently launched what the company called the new Motorist Assistance Plan ... [Read More]

REPAY acquires TriSource Solutions in deal that could reach $65M

strategy picture
SubPrime Auto Finance News Staff
A firm that previously was a service provider for REPAY now is a part of the company. Repay Holdings Corp., a provider of vertically integrated payment solutions, recently announced the acquisition of TriSource Solutions for up to $65 million, which includes ... [Read More]

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