Vehicle transaction platform Caramel to be acquired by eBay
Monday, Jan. 13, 2025, 12:19 PM
COMMENTARY: Addressing your second largest business expense — approved, non-booked applications
Monday, Jan. 13, 2025, 11:42 AM
Westlake unveils new Bitcoin program to handle large down payments for exotic vehicles
Monday, Jan. 13, 2025, 11:31 AM
Blend expands from mortgages and consumer loans into auto financing
Tuesday, Oct. 29, 2019, 09:18 PM
Auto Fin Journal Staff
A fintech company that says it regularly processes more than $2 billion in mortgages and consumer loans daily in connection with providers such as Wells Fargo and U.S. Bank now is getting into the auto-finance business. This week, Blend launched ... [Read More]
daVinci Payments study examines what as little as $15 could do for dealers
Tuesday, Oct. 29, 2019, 09:12 PM
Auto Fin Journal Staff
Instead of dealers walking around with wads of cash in their pockets to give to potential car buyers and service drive customers, findings from a recent study conducted by daVinci Payments described different approaches dealerships could be using. The study ... [Read More]
TransUnion and IHS Markit collaborate on data-driven decision tool
Monday, Oct. 28, 2019, 03:19 PM
Auto Fin Journal Staff
In the competitive and evolving world of auto finance, TransUnion and IHS Markit acknowledged that finance companies require the ability to conduct powerful statistical queries to gain a more comprehensive understanding of the market. On Monday, TransUnion and IHS Markit ... [Read More]
MINI describes what it means by Flipped Financing
Monday, Oct. 28, 2019, 03:17 PM
Auto Fin Journal Staff
The image associated with this report provides a vivid glimpse of what a luxury automaker and its captive finance company are trying to do. Last week, MINI USA and MINI Financial Services announced the introduction of Flipped Financing, a vehicle financing ... [Read More]
Hyundai Capital America claims 2019 AFP Pinnacle Award for excellence in treasury and finance
Wednesday, Oct. 23, 2019, 03:59 PM
Auto Fin Journal Staff
Hyundai Capital America (HCA) captured an honor this week, because as award organizers put it: “HCA saw the writing on the wall — a world with increased ride share, autonomous driving, electrification — and knew innovation was necessary or they ... [Read More]
Former Volkswagen Group of America exec joins dealer digital retailing startup
Wednesday, Oct. 23, 2019, 03:57 PM
Auto Fin Journal Staff
Former Mercedes-Benz Financial Services and AutoGravity executives Andy Hinrichs and Nick Stellman founded Digital Motors last year, striving to become an innovation leader in automotive retail and financial technology. Now Digital Motors is leveraging the expertise of Hinrich Woebcken, who ... [Read More]
PointPredictive launches Outsourced Fraud Mitigation Service
Monday, Oct. 21, 2019, 03:11 PM
Auto Fin Journal Staff
A member of the inaugural Emerging 8 is continuing to roll out new solutions. PointPredictive recently launched what it called Outsourced Fraud Mitigation, a service that can help finance companies bolster their fraud defenses by leveraging PointPredictive’s fraud experts and ... [Read More]
ZestFinance & MeridianLink integrate, leveraging artificial intelligence & machine learning
Monday, Oct. 21, 2019, 03:07 PM
Auto Fin Journal Staff
ZestFinance, a provider of credit software fueled by artificial intelligence (AI), announced its integration with MeridianLink, a multichannel loan and new account origination platform. According to a news release distributed last week, MeridianLink will be integrating Zest Automated Machine Learning ... [Read More]
AutoGravity offers flexible usage service of off-lease vehicles
Wednesday, Oct. 16, 2019, 04:07 PM
Auto Fin Journal Staff
AutoGravity is leveraging its relationship with a trio of German automakers to deliver a consumer option for individuals near Los Angeles who do not want a lease or retail installment sales contract. On Tuesday, AutoGravity launched a flexible car usage ... [Read More]
LendingTree and RouteOne integrate to boost auto-finance offers to potential buyers
Wednesday, Oct. 16, 2019, 04:05 PM
Auto Fin Journal Staff
On Tuesday, LendingTree announced an integration with RouteOne. With this development, LendingTree’s credit application functionality will integrate with RouteOne’s credit aggregation system to present indirect financing offers to consumers. The company highlighted the integration enhances LendingTree’s automotive product offering and ... [Read More]