GM Financial involved in $23M Series A investment round by Spring Labs
Monday, Jun. 17, 2019, 03:39 PM
Auto Fin Journal Staff
As the captive gears up to be a part of next month’s Automotive Intelligence Summit, GM Financial recently expanded its commitment to Spring Labs, the company developing the Spring Protocol, a blockchain-based platform designed to transform how information and data ... [Read More]
Expansion Capital Group adds 2 directors for marketing & HR
Monday, Jun. 17, 2019, 03:37 PM
Auto Fin Journal Staff
Expansion Capital Group (ECG), a technology-enabled specialty lender that leverages data and analytics to offer customized solutions to small businesses, recently hired two directors to lead efforts in marketing and human resources. According to a news release, the company announced Jason ... [Read More]
Shift adds 2 more financing partners to online sales platform
Monday, Jun. 10, 2019, 04:15 PM
Auto Fin Journal Staff
Shift announced Wednesday it has added two more customer financing sources to its vehicle ecommerce platform, leveraging its partnership with the Lithia Motors dealer group to bring more financial entities into the fold. With TD Auto Finance and U.S. Bank ... [Read More]
Sagent and Experian collaborate to curb fraud
Monday, Jun. 10, 2019, 03:26 PM
Auto Fin Journal Staff
Sagent Lending Technologies and Experian are collaborating to help finance companies make sure applications coming through dealership websites or showrooms are in fact from the individual they came to be. Last week, Sagent announced it has teamed with Experian to ... [Read More]
TCI and Dealertrack seek to deliver same-day contract processing
Monday, Jun. 10, 2019, 03:22 PM
Auto Fin Journal Staff
Teledata Communications (TCI) and Dealertrack began their week by enhancing their relationship. TCI, a leading provider of loan origination solutions for credit unions, banks and finance companies, has expanded its partnership with Dealertrack to enable its network of lenders to ... [Read More]
Mercedes-Benz Financial Services unveils new Texas business center
Tuesday, Jun. 4, 2019, 05:07 PM
Auto Fin Journal Staff
Just before May concluded, Mercedes-Benz Financial Services celebrated the grand opening of its new 200,000-square-foot Fort Worth Business Center at AllianceTexas, a 26,000-acre, master-planned, mixed-use development in Fort Worth, Texas. The captive finance company’s leadership team, employees, project partners, community ... [Read More]
PODCAST: CUNA president and CEO on how credit unions use technology
Tuesday, Jun. 4, 2019, 05:05 PM
Auto Fin Journal Staff
During CU Direct’s Drive 19 Conference last month in Las Vegas, Nick shared a conversation with Credit Union National Association president and chief executive officer Jim Nussle. The CUNA leader and former member of Congress discussed how credit unions are ... [Read More]
EY Global FinTech Adoption Index rises to 64%
Monday, Jun. 3, 2019, 03:38 PM
Auto Fin Journal Staff
Part of the reason Cherokee Media Group launched the Automotive Intelligence Summit: Fintech adoption among consumers has nearly doubled over the past 18 months, according to the latest EY Global FinTech Adoption Index. EY shared on Monday that the adoption ... [Read More]
Outsell promotes exec to VP of customer success
Monday, Jun. 3, 2019, 03:36 PM
Auto Fin Journal Staff
Outsell, which offers an artificial intelligence-driven marketing automation platform for the automotive industry, announced Monday that Tricia Turk has been promoted to vice president of customer success, overseeing the company’s dealer success and account management teams. A three-year veteran of ... [Read More]
Morningstar to bolster investment research capabilities with DBRS acquisition
Wednesday, May. 29, 2019, 03:23 PM
Auto Fin Journal Staff
Morningstar certainly appears to believe that DBRS is a good investment. Morningstar, a leading provider of independent investment research, announced on Wednesday it has entered into a definitive agreement to acquire DBRS, the world’s fourth-largest credit ratings agency. A news ... [Read More]
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