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This Month's Focus

Turbocharged Finance
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3 primary capabilities of PayNearMe’s AI Servicing and Collections Agent
Almost a month ago, PayNearMe acquired the technology assets and hired the key employees of Marr Labs in a move described as one that will “help shape the future of payments.” The next development in that future involving artificial intelligence ... Read More
Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
ITOCHU invests in MOTER again to leverage connected-car technology
If you didn’t believe the modern vehicles you’re financing, retailing or repairing are smartphones rolling on four wheels, perhaps this investment announcement will sway your opinion. MOTER Technologies, an artificial intelligence-powered insurtech company that delivers a connected vehicle data platform ... Read More
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
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

Wolters Kluwer Launches Indirect Lending Unit

Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced on Wednesday that it has formed a new Indirect Lending business unit to strengthen its commitment and expand its reach across the broader indirect lending market. Over the past two years, Wolters Kluwer indicated ... [Read More]

Pelican Resource Group Introduces Subprime Program for Dealers

Nick Zulovich
CHERRY HILL, N.J. — Earlier this week, Pelican Resource Group announced that franchised and independent dealerships  looking to move excess used and wholesale inventory now have the option of a comprehensive program to help them increase sales and generate cash. To ... [Read More]

Resource Hub

Best Practices, Ideas, and Tools for Business

AI & Auto Finance: An Expert Guide to Using This Technology

This 26-page ebook from Cherokee Media Group, sponsored by dotData, brings together insights from nine experts on how artificial intelligence...
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Turning Dealer Group Data into Demand

Stop letting messy data hold your dealership back from its true earning potential. While many multi-roof dealer groups struggle to...
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Evaluating VPP Cancellation Systems: 7 Questions Every Lender Should Ask

Selecting the right VPP cancellation system is critical to maintaining compliance, maximizing recoveries, and improving operational efficiency. As regulatory requirements...
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Auto lenders spent on AI. Here’s what paid off.

A panel of auto-lending leaders — CEOs of subprime auto finance companies, VPs of Collections, CROs, indirect-lending executives at two...
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Experian Automotive Dealer Fraud Threat Report

Fraud is Hitting Dealerships Hard When one bad deal can erase tens of thousands in profit, fraud becomes impossible to...
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AI-Financing Spotlight: How Tracy Honda Sells 12-15 More Deals Monthly

Discover how Tracy Honda is outperforming its market by leveraging AI-powered auto financing to drive faster approvals and close more...
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The AI Dealer Playbook: 5 Questions to Ask Before You Buy AI

Artificial intelligence is rapidly reshaping dealership operations by automating communication, improving workflows, and supporting staff with tools like copilots and...
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Speaking the Same Language: How Dealers Structure Capital for Real Estate and Growth

Why Capital Structures Matters in Today’s Market Dealers actively expanding or acquiring real estate are often constrained not by opportunity—but...
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Wells Fargo Increases Capital Commitment to Westlake Financial

Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital announced it has increased its lending commitment to Westlake Financial Services from $120 million to $150 million. Wells Fargo Preferred Capital, a subsidiary of Wells Fargo & Co., is the lead agent of ... [Read More]

TransUnion: 60-Day Auto Loan Delinquency Rate to Hit 1% by Year-End

Nick Zulovich
CHICAGO — While TransUnion.com reported that there was a drop in the average first-quarter 60-day auto loan delinquency rate throughout the nation, the company attributed this more to seasonal patterns than a reversal of trends related to the auto lending environment. ... [Read More]

USAA, GM Partner to Offer Special Discount

Nick Zulovich
SAN ANTONIO, Texas — USAA and General Motors have teamed up to offer a special discount, on top of current rebates and dealer incentives, for the credit union's members. More specifically, the offer provides for up to $1,000 in additional discounts ... [Read More]

Colo. Credit Unions Align to Launch New Auto Shopping Tool for Members

Nick Zulovich
LAKEWOOD, Colo. — Colorado credit union members apparently now have a new non-traditional, more comfortable and convenient way to shop for cars, access credit union financing and purchase vehicles at pre-negotiated, no-haggle prices. WhereMembersDrive.com is designed to provide the state's credit ... [Read More]

AiM to Partner with Ford Credit

Nick Zulovich
LONG BEACH, Calif. — Alliance Inspection Management announced on Wednesday that it will partner with Ford Motor Credit Co. and assume responsibility for floor-plan audits at dealerships and conduct lease-end inspections of vehicles financed through the captive. "We are very pleased ... [Read More]

Hudson Receives Lifetime Achievement Award

Nick Zulovich
DAYTON, Ohio — Reynolds and Reynolds recently congratulated Tom Hudson, of Hudson Cook, on receiving the prestigious Senator William Proxmire Lifetime Achievement Award from the American College of Consumer Financial Services Lawyers this spring. The college presents the award periodically to those who ... [Read More]

Non-Prime Auto Financing Survey: Used Portfolios Performing Better than New

Nick Zulovich
FORT WORTH — Highlights of the annual Non-Prime Automotive Financing Survey were touched upon at last week's related conference held by the National Auto Finance Association. One the primary insights offered was that overall, used-vehicle portfolios performed better than new-vehicle portfolios, ... [Read More]

ARI Adds New F&I Services by Acquiring Powersports Outsourcing Group

Nick Zulovich
MILWAUKEE, Wis. — ARI announced recently that it acquired the assets of Powersports Outsourcing Group to add F&I products and services for its customers. Powersports Outsourcing Group, which is located in Schenectady, N.Y., has been offering outsourced F&I products to powersports, marine and ... [Read More]

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