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This Month's Focus

Turbocharged Finance
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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
CarLocal.io enhances automotive AI answer engine
Your family group chat might now be filled with images created with artificial-intelligence tools that highlight what your aunt would look like with a different hairstyle or your uncle’s appearance if he dropped 50 pounds. Car shoppers are also using ... 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

inSearchX partners with Strategic Vision to enhance AskOtto

ask otto for web
Auto Fin Journal Staff
Emerging 8 honoree inSearchX is continuing to gain momentum for its tool that looks to connect consumers with the exact vehicle they want. This week, the startup and advisory services firm Strategic Vision announced they have partnered to deliver vehicle-matching ... [Read More]

Lightico and TruDecision partner to foster more streamlining of auto finance

Lightico TruDecision for web
Auto Fin Journal Staff
Two previous Emerging 8 honorees now are working together. Last week, Lightico, a leader of next-generation digital customer interactions, announced a partnership with TruDecision, a provider of sophisticated finance company tools through an analytic platform as a service. The companies ... [Read More]

TransUnion examines fraud trends one year into pandemic

fraud analytics
Auto Fin Journal Staff
If your shop wasn’t already the target, it might be now based on TransUnion’s latest quarterly analysis of global online fraud trends found that since the COVID-19 pandemic began. TransUnion said fraudsters are increasing their rate of digital schemes against ... [Read More]

PODCAST: How badly is auto finance now infected with fraud?

podcast image
Auto Fin Journal Staff
Point Predictive chief fraud strategist Frank McKenna returned for another episode of the Auto Remarketing Podcast to diagnose how badly auto financing is infected with fraud. McKenna also shared an update on how the firm’s auto-finance consortium is working toward ... [Read More]

AFSA installs SCUSA’s Broderick to lead vehicle finance division

Sandra Broderick AFSA for web
Auto Fin Journal Staff
One of the previous Women in Auto Finance honorees highlighted in Auto Fin Journal now also holds a leading position for the American Financial Services Association (AFSA). This week, AFSA announced the installation of Sandra Broderick, who is head of ... [Read More]

PODCAST: GM Financial’s Kyle Birch on navigating through the pandemic & more

GM Financial Kyle Birch for web
Auto Fin Journal Staff
The last in-person interview before the pandemic conducted by Kyle Birch, who is president of North America operations at GM Financial, was for the Auto Remarketing Podcast at last year’s Vehicle Finance Conference hosted by the American Financial Services Association. ... [Read More]

Upstart set to acquire Prodigy to reinforce auto platform

upstart for web
Auto Fin Journal Staff
In June, Upstart Holdings broadened its offering by entering into the auto-financing market. Last week, the platform fueled by artificial intelligence (AI) revealed an upcoming acquisition to strengthen its position in the auto sphere. Upstart announced it has entered into ... [Read More]

MotoRefi hires 3 new senior execs, signs lease for new headquarters

MotoRefi Arlington Group Pic for web
Auto Fin Journal Staff
MotoRefi announced a series of moves on Wednesday, including a new expanded headquarters as well as the addition of three senior executives to its management team. The auto fintech startup that was an Emerging 8 honoree last year and secured ... [Read More]

5 more non-prime finance companies now leverage TurboPass’ verification solutions

turbopass for web
Auto Fin Journal Staff
Past Emerging 8 honoree TurboPass is continuing to add its client portfolio, especially finance companies that specialize in non-prime financing. With more than 2,000 current dealership users now with the ability to pull reports as part of the underwriting and ... [Read More]

TrueCar to power Navy Federal Car Buying Service

polish
Auto Fin Journal Staff
On the heels of announcing its latest initiatives to support the military, TrueCar announced a partnership to bring exclusive value to servicemembers and their families for all their vehicle buying and financing needs. TrueCar and Navy Federal Credit Union now ... [Read More]

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