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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
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here

ACH Network volume spikes 11.2% during record-setting Q1

nacha Q1 graphic for web
Auto Fin Journal Staff
It delights auto-finance companies when their customers set up an ACH path for monthly payments. And providers likely are excited about that stream potentially growing since Nacha, which governs the ACH Network, saw total volume soar during the first quarter ... [Read More]

Point Predictive: Auto-finance fraud tops $7B in 2020

point predictive graph for web
Auto Fin Journal Staff
Point Predictive pinpointed a number in connection with one of the important topics being discussed this week during the Auto Intel Summit. According to the company’s Auto Fraud Report, Point Predictive said fraud reaching $7.3 billion of originations last year, ... [Read More]

DRIVRZ Financial & Roadster align to offer digital used-vehicle leasing experience

car leasing
Auto Fin Journal Staff
Easterns Automotive operates eight locations in Maryland and Virginia near Baltimore and Washington, D.C., and the group is one of the first dealerships to enjoy success stemming from the used-vehicle leasing tool put in motion by DRIVRZ Financial and Roadster. ... [Read More]

RouteOne promotes 2 of its longest-tenured executives

job promotion
Auto Fin Journal Staff
This week, RouteOne announced two executive promotions; moves that are effective immediately. The company founded nearly two decades ago to improve the F&I process for dealers and their customers said Jeff Belanger now is RouteOne’s chief revenue officer and Amanda ... [Read More]

PODCAST: Leaders on formation & initial success of AFSA’s Diversity and Inclusion Working Group

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Auto Fin Journal Staff
In April, the American Financial Services Association announced the official formation of its Diversity and Inclusion Working Group to enhance its efforts to foster a culture of diversity and inclusion within the financial services industry.   Prabir Chakrabarty, vice president ... [Read More]

NXCR welcomes new chief technology officer

nxcr cto for web
Auto Fin Journal Staff
Last week, NXCR formed a strategic alliance J.D. Power. On Tuesday, the fintech and insurtech vehicle subscription platform named a new chief technology officer to leverage that relationship, as well as to be responsible for all platform technology and innovation, ... [Read More]

Budco Financial integrates into RouteOne to boost dealership sales of VSCs

routeone budco for web
Auto Fin Journal Staff
Budco Financial last week announced the integration of its 0% payment plan services into RouteOne’s menu powered by MaximTrak. Budco Financial highlighted that its addition to RouteOne’s F&I platform can provide dealerships the ability to seamlessly present, rate and remit ... [Read More]

Wells Fargo names new head of commercial auto group

Cynthia Caine for web
Auto Fin Journal Staff
Last week, Wells Fargo named a new head of its commercial auto group, shifting Cynthia Caine, a 30-year financial services veteran who most recently led the diversified industries group within distribution finance, into the position. In her new role, Wells ... [Read More]

MUSA Auto Finance set to become DRIVRZ Financial

driverz for web
Auto Fin Journal Staff
With the goal of streamlining financing, retailing, wholesaling and leasing vehicles through a single mobile app, MUSA Auto Finance announced last week that it will rebrand as DRIVRZ Financial. According to a news release, this new brand will serve as ... [Read More]

Tresl receives 2 honors from FinTech Intel

tresl logo for web
Auto Fin Journal Staff
After being named a finalist in three categories, Tresl claimed a pair of honors in the US FINTECH Awards program, presented by FinTech Intel. During the pre-recorded US Fintech Awards ceremony held last week, the web-based platform for buying and ... [Read More]

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