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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
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

Study pinpoints 179% ROI in cybersecurity during COVID-19

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Auto Fin Journal Staff
ESI ThoughtLab looked to put some tangible figures on what investing in cybersecurity can do, especially during the coronavirus pandemic. The firm recently released a comprehensive study that reveals increased investment in cybersecurity can generate a significant return on investment of ... [Read More]

Carleton celebrating 50 years of interest calculations, compliance

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Auto Fin Journal Staff
Carleton is in celebration mode. In 2020, the company is marking its golden anniversary as a provider of compliant consumer lending origination computations and complimentary document generation solutions. Throughout the last half-century, Carleton’s products have enabled finance companies and lenders ... [Read More]

The Conference Board identifies key innovation cog during COVID-19

fintech investment
Auto Fin Journal Staff
The Conference Board — a member-driven think tank founded in 1916 — acknowledged that rapid changes in customers’ attitudes and expectations are challenging marketers like never before because of the coronavirus pandemic. At the same time, it also presents major ... [Read More]

BiigVault designed to help dealerships offer contactless test drives, more

biigvault for web
Auto Fin Journal Staff
Oftentimes when realtors show a property, they know a combination to a lockbox that contains a key to enter the dwelling or office to show their clients the premise. Biig has developed technology for a similar scenario. But in this ... [Read More]

CDK Global pegs in-house exec to fill newly created COO post

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Auto Fin Journal Staff
On Monday, CDK Global announced its intention to create a chief operating officer role to better align functions and improve the overall effectiveness of the company’s North American business. The company then said executive vice president and chief financial officer Joe ... [Read More]

PODCAST: Carleton on importance of offering specific vehicle price and financing details

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Auto Fin Journal Staff
Carleton president and chief operating officer Matt Ruszkowski still often sees it on dealership websites nowadays. The vehicle listing tells potential buyers to “call for price.” During this podcast, Ruszkowski spoke about how crucial it is for dealers to offer ... [Read More]

Powerband lands another $2.7M from D&P Holdings to rev up vehicle leasing platform

money-key
Auto Fin Journal Staff
PowerBand Solutions continued its recent stretch of development activity on Monday by announcing it’s accepting an additional $2.7 million investment from Texas-based D&P Holdings as it prepares vehicle lease originations in the United States to begin this month. PowerBand chief ... [Read More]

Digital Matrix Systems unveils services to address CARES Act relief

CARES act
Auto Fin Journal Staff
On Tuesday, Digital Matrix Systems (DMS) enhanced its suite of solutions to assist finance companies to navigate through new mandates federal officials have put in place in response to COVID-19. The company announced the availability of a new subset of ... [Read More]

Volkswagen captive among first users of CDK Global’s Sign Anywhere

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Auto Fin Journal Staff
On Monday, CDK Global announced the launch of Sign Anywhere, its new remote electronic signing solution. And Volkswagen is among the first to offer Sign Anywhere at VW dealerships through its captive — VW Credit. Through the innovative remote signing ... [Read More]

Ally rolls out 7 initiatives aimed at helping dealers through COVID-19

Ally image for web
Auto Fin Journal Staff
Back in March when the coronavirus pandemic was beginning to intensify, Ally Financial rolled out a relief package for its consumer contract holders that included the option of deferring payments for as long as 120 days. On Wednesday, Ally Financial ... [Read More]

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