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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
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

Integrated Lending Technologies & Carleton complete integration

partnership gears
Auto Fin Journal Staff
Integrated Lending Technologies (ILT) recently announced that it has completed the development integrating CarletonCalcs from Carleton. Finance companies and lenders using ILT’s Allegro Lending Suite now will have access to the CarletonCalcs loan, lease and compliance modules, providing computational accuracy ... [Read More]

LexisNexis Risk Solutions discovers ‘perfect storm’ of fraud in US and Canada amid COVID-19 pandemic

lexis nexis graphic for web
Auto Fin Journal Staff
Fraud and its prevention are gaining more attention, especially since the pandemic arrived. LexisNexis Risk Solutions unveiled findings about what it classified as the current state of fraud, detailing key fraud trends occurring in 2020 for organizations in the United ... [Read More]

10 primary findings from eLEND Solutions’ latest dealer survey

elend solutions for web
Auto Fin Journal Staff
Digital financing innovator eLEND Solutions highlighted more than 10 findings from its latest dealer survey, reiterating how the COVID-19 pandemic has encouraged dealerships to embrace digital retailing as a low-touch transaction alternative and how this adoption of technology has changed ... [Read More]

Black Book integrates with Origence consumer loan origination system

business forecasting
Auto Fin Journal Staff
Black Book’s presence in the credit-union market strengthened on Thursday. The provider of vehicle pricing and analytics announced the integration of Black Book values into the Origence consumer LOS, a CU Direct brand. The companies highlighted in a news release ... [Read More]

New York investment firm to secure majority stake in iLendingDIRECT

money, crystal ball_787102489
Auto Fin Journal Staff
Private investment firm J.C. Flowers & Co. announced on Tuesday that it has signed a definitive agreement to make a majority investment in iLendingDIRECT, a leading auto refinance marketing company. While terms of the transaction were not disclosed, J.C. Flowers ... [Read More]

Dealertrack enhances F&I solutions & DMS to meet digital demands

Dealertrack logo for web
Auto Fin Journal Staff
The two primary segments of Dealertrack’s tools for dealerships and finance companies — F&I solutions and DMS — are each being upgraded to adapt to consumers’ accelerated shift toward digital purchasing as well as achieve higher efficiency and productivity in ... [Read More]

Point Predictive adds M&T Bank to client portfolio using fraud-prevention tools

Point Predictive MT Bank for web
Auto Fin Journal Staff
Point Predictive recently landed another working relationship with a commercial bank that is looking to weed out fraud from its operations and portfolio. The Emerging 8 honoree that provides machine learning solutions to the lending industry, announced that M&T Bank ... [Read More]

Ally funding several initiatives in connection with Black History Month

Ally Black History Month
Auto Fin Journal Staff
Ally Financial again is organizing support for a variety of initiatives now that Black History Month is underway, saying that access to careers with long-term growth potential is still not equal for everyone. To address this inequity, the company announced ... [Read More]

Hyundai Capital America now available for eContracting via RouteOne

Hyundai 5-20-19_0_0_0
Auto Fin Journal Staff
Hyundai, Kia and Genesis dealers that use RouteOne now have more functionality when working with their captive finance company. RouteOne recently announced that Hyundai Capital America is now an available eContracting finance source for utilizing the RouteOne platform. Through RouteOne ... [Read More]

AutoFi debuts Lending as a Service capabilities

Jonathan Schenk at AIS 2018
Auto Fin Journal Staff
Just like a finance company might do with its portfolio, fintechs diversify, too. Look at what’s happening at AutoFi. Building on the strength of its digital retail platform, AutoFi has launched a new business division focused on the automotive industry’s largest ... [Read More]

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