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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

5 primary threats mentioned in Experian’s Future of Fraud Forecast

experian screen shot for web
Auto Fin Journal Staff
It’s already been a tumultuous beginning to 2021, and Experian doesn’t expect it to settle much on the fraud front. With the growing threat of fraud fueled by the digital acceleration that took place in 2020, Experian on Monday released ... [Read More]

PODCAST: Lightico CEO on developments during the past year and expectations for 2021

Zviki Lightico for web
Auto Fin Journal Staff
Last year included several milestones for Emerging 8 honoree Lightico, including client growth, new executives joining the team as well as another $13 million in investment funding to help the digital customer interaction platform. Lightico co-founder and chief executive officer ... [Read More]

FinCEN encourages banks & credit unions to collaborate to curb fraud

fraud prevention
Auto Fin Journal Staff
The Financial Crimes Enforcement Network (FinCEN), which is a part of the Treasury Department, is encouraging banks and credit unions to share information about financial crimes. ID Insight, a Minneapolis-based firm that develops solutions to prevent account takeover and new-account ... [Read More]

Knightly joins TruDecision as chief revenue officer

David Knightly with logo for web
Auto Fin Journal Staff
TruDecision opened 2021 with a reinforced executive team. The Emerging 8 honoree and fintech company providing sophisticated analytic solutions to finance companies welcomed seasoned auto-finance executive David Knightly as chief revenue officer. TruDecision highlighted that it has experienced significant growth ... [Read More]

CVR partners with ATC to smooth out-of-state titling

driver-key-2
Auto Fin Journal Staff
The pandemic might have intensified a challenge that dealers could encounter more often if they retail a vehicle to a customer who resides somewhere else other than the state where the store operates. Computerized Vehicle Registration (CVR) — a joint ... [Read More]

Former Equifax exec now serves as DealerSocket’s COO

new hire 2
Auto Fin Journal Staff
Just before 2020 closed, DealerSocket announced the appointment of Byron McDuffee as chief operating officer, although the company said he officially joined DealerSocket from Equifax in November. The software provider said the 22-year automotive industry veteran will oversee DealerSocket’s operations, ... [Read More]

DRAIVER elevates Monteiro to be COO

job promotion
Auto Fin Journal Staff
DRAIVER made a major executive move on the first business day of 2021. The software provider in the vehicle transportation industry announced on Tuesday that veteran technology executive Anthony Monteiro will transition from president of automotive retail to becoming the ... [Read More]

J.D. Power study highlights communication struggles of dealers & finance companies

dealership employee
Auto Fin Journal Staff
One of the scenes in the 1967 film “Cool Hand Luke” includes a famous line that’s likely been turned into an array of social media content nowadays. It’s when Paul Newman is told, “What we’ve got here is a failure to ... [Read More]

Former JP Morgan Chase exec joins Lightico

new hire 2
Auto Fin Journal Staff
Lightico reinforced its executive team this week to help continue growth by the provider of the platform built so customers can interact digitally with auto-finance companies and other financial services firms. Lightico welcomed Rich Corriss as its new director of ... [Read More]

Black Book integrates API values & inventory pricing into Carsfast

partnership
Auto Fin Journal Staff
Not long after naming Kenny McDonald as its general manager, Carsfast — a startup dealership driven by artificial intelligence — formed a relationship with Black Book. Black Book recently announced the integration of its used API values and inventory pricing ... [Read More]

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