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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

Lightico offers contract buyout as part of eSign solution promotion

Lightico campaign for web
Auto Fin Journal Staff
Earlier this month, Capital One and Oxx were among the investors to inject $13 million in funding into Lightico. Now the provider of the platform built so customers can interact digitally with auto-finance companies and other financial services firms is ... [Read More]

S&P Global and IHS Markit announce merger

merger image for web
Auto Fin Journal Staff
S&P Global and IHS Markit highlighted nine reasons why the definitive merger agreement they announced on Monday is going to be beneficial for stockholders and the clients that use their automotive and finance data. According to a news release, S&P ... [Read More]

J.D. Power: Digital financing ending ‘old way of doing things’

mobile car shopping
Auto Fin Journal Staff
When it comes to digital financing through dealerships and finance companies, the genie is out of the bottle. The toothpaste is out of the tube. Pick whatever analogy you want to use, as J.D. Power put it: customers “won’t go ... [Read More]

CU Direct and DealerSocket complete new integration

CU Direct Dealersocket for web
Auto Fin Journal Staff
CU Direct recently integrated with DealerSocket’s CRM in an effort to boost performance for both credit unions and dealerships. As a result of the collaboration, CU Direct has expanded its CUDL auto financing platform’s DMS/CRM integration solution to include DealerSocket. ... [Read More]

FIS chosen as exclusive payment processing provider for Reynolds

FIS Reynolds for web
Auto Fin Journal Staff
FIS and Reynolds and Reynolds now are working together through a multi-year agreement the companies recently finalized to help dealerships with accounting chores and more. According to a news release, FIS has been selected as the exclusive payments provider for ... [Read More]

Equifax promotes Bourgeois to be automotive general manager

Lena Equifax for web
Auto Fin Journal Staff
One of last year’s Women in Auto Finance honorees received an executive promotion this week. Equifax named Lena Bourgeois as automotive general manager, responsible for driving customer value and accelerating company growth in the automotive market. The company highlighted Bourgeois ... [Read More]

PNC to acquire BBVA in $11.6B all-cash deal

PNC_BBVAUSA_Final_Infographic for web
Auto Fin Journal Staff
Should federal regulators give the same approvals both company boards already have, PNC Bank is set to become the fifth-largest bank in the U.S. based on assets and deposits. On Monday morning, PNC Financial Services Group and the Spanish financial ... [Read More]

LexisNexis Risk Solutions to pull mileage & more from connected vehicles for enhanced solution

lexis nexis screenshot for web
Auto Fin Journal Staff
Connected vehicles are giving LexisNexis Risk Solutions the path to provide more information to its clients, which can be crucial when a total-loss claim is in motion. The provider of data, analytics and technology for insurance recently announced the inclusion ... [Read More]

Xtime teams with Sunbit for additional payment options in dealer service departments

mechanic
Auto Fin Journal Staff
Xtime is continuing to make inroads to help dealerships work with their service-drive customers who might need assistance in paying for vehicle repairs — especially as pandemic impact lingers. The software service solution now is collaborating with Sunbit, the technology ... [Read More]

CUNA Mutual Group bolsters auto fintech capabilities with two acquisitions

AI like image
Auto Fin Journal Staff
CUNA Mutual Group ventured deeper into the automotive and fintech worlds this week by acquiring one of this year’s Emerging 8 honorees. The mutual insurance holding company acquired ForeverCar, the Chicago-based start-up company that protects vehicle owners from expensive repairs ... [Read More]

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