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This Month's Focus

Turbocharged Finance
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Arvest Bank sees early successes with FICO Auto Score 10
Arvest Bank — a regional, full-service lender with more than 200 locations throughout Arkansas, Oklahoma, Kansas and Missouri — recently upgraded to FICO Auto Score 10 in a move to give the institution a more precise view of borrower risk ... Read More
dealership employee COMMENTARY: The secret to accelerating funding in indirect auto lending
In the early 2000s, I sat at a dealership finance desk with a calculator, a stack of pay stubs, and a phone that wouldn’t stop ringing. I gathered stips by hand, calculated income line by line, and verified insurance, hoping ... Read More
Mercedes-Benz USA approves NETSOL as a digital retail provider for its dealerships
NETSOL Technologies recently highlighted Mercedes-Benz USA has approved NETSOL as a digital retail provider for Mercedes-Benz dealerships. This move opens the brand’s dealer network to Transcend Retail, NETSOL’s digital retail platform. The platform gives buyers a single, continuous purchase experience, ... Read More
Used Car Week Hall of Fame: Bob McConkey of McConkey Auction Group
Next up on our series featuring the 2026 Used Car Week Hall of Fame honorees is a conversation with Bob McConkey, president and CEO of the McConkey Auction Group. McConkey, along with MAG chief operating officer David Pendergraft and DAA ... Listen Here
SPONSORED EPISODE: What independent dealers need to be successful with Chris Vangellow of Frazer
In this special sponsored episode of the Auto Remarketing Podcast, Chris Vangellow, who is the Director of Product Management at Frazer, described what’s changed most about running an independent dealership over the past few years, especially from a technology perspective. ... Listen Here
Used Car Week Hall of Fame: Grace Huang of Cox Automotive
We begin our series featuring the 2026 Used Car Week Hall of Fame honorees with Grace Huang, president of Cox Automotive Inventory Solutions, who joins Cherokee Media Group’s Joe Overby for a conversation about her career journey, the value of ... Listen Here

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]

COMMENTARY: Guide to tracking today’s virtual auto lending trends into 2021

2021 car ignition
Andy Mayers, Dealertrack
For many of us, it feels like 2021 cannot get here soon enough. While we all are ready for a fresh slate, a robust end-of-year auto lending strategy to close out 2020 on a high note and enter 2021 on ... [Read More]

Huntington, TCF set to merge

merger and acquisition image
Auto Fin Journal Staff
The banking sector generated another major announcement on Monday as the parent companies of Huntington National Bank and TCF National Bank said they plan to merge. The banks said they will combine an all-stock merger with a total market value ... [Read More]

CIG Financial to leverage TruDecision solution to boost approvals

Daniel Parry at AIS
Auto Fin Journal Staff
One of the first Emerging 8 honorees continues to be on an upward trajectory more than a year after receiving the accolade during the Automotive Intelligence Summit. On Monday, TruDecision announced that its advanced analytic platform will be deployed by ... [Read More]

Financial Data Exchange releases new open finance standards & more

FDX logo for web
Auto Fin Journal Staff
The Financial Data Exchange (FDX) is closing the year with its latest release that includes a myriad of technical standards and updates to the existing specification that have now been launched into the financial services marketplace. “FDX’s fall release is ... [Read More]

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