In the competitive world of auto finance, auto lenders face a critical challenge: ensuring that approved loans successfully transition to funded bookings. Surprisingly, the second largest business expense for finance companies isn’t the cost of technology, compliance, or staffing — ... [Read More]

Hankey Group, through its Hankey Capital, Westlake Financial, and Midway subsidiaries, announced the launch of a Bitcoin Crypto Lending Program aimed at providing real estate and highline vehicle buyers with new financial opportunities using Bitcoin. According to a news release, ... [Read More]

Nordis Technologies named Gabe Preczner as vice president of operations on Wednesday. The provider of omnichannel customer communications management and payments technology solutions said Preczner will be responsible for increasing the innovation and efficiency of the company’s print production and ... [Read More]

TransUnion is bolstering its portfolio to operate in the credit prequalification market. The company on Wednesday signed a definitive agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that can empower lenders and banks to deliver highly personalized ... [Read More]

Solifi on Tuesday announced the appointment of Dan Corazzi as its new CEO, in a move that becomes effective on Monday. Solifi said current CEO David Hamilton will transition into the role of chairman for the global fintech software partner ... [Read More]

On Tuesday, YASSI — a provider of real-time vehicle registration, title and lien data — launched what the company said is the first federated single sign-on (SSO) solution in the United States for accessing real-time vehicle records. YASSI said this ... [Read More]

Former Emerging 8 selection TurboPass again honored dealerships before the year finished. Ten recipients were among the 2024 Dealer of the Year Awards given by the financial technology software company based in Austin, Texas, specializing in automation, SaaS, and cloud-based ... [Read More]

Point Predictive recently announced a significant expansion of its integration with RouteOne, all in an effort to reduce some of the biggest financing headaches dealerships might experience trying to get a customer delivered. According to a news release, the expansion ... [Read More]

Fitch Ratings looked at electric vehicles through the prism of auto asset-backed securities (ABS) transactions. Analysts believe softening EV demand and corresponding price reduction strategies will constrain EV residual values and recoveries. “Ratings are not affected given the limited concentration ... [Read More]

Chase Auto opened 2025 with changes at the top of its leadership team. The finance company said Leslie Wims-Morris now is CEO of Chase Auto, reporting to Marianne Lake, who is CEO of consumer and community banking (CCB). Wims-Morris replaced ... [Read More]