Instead of dealers walking around with wads of cash in their pockets to give to potential car buyers and service drive customers, findings from a recent study conducted by daVinci Payments described different approaches dealerships could be using. The study ... [Read More]

In the competitive and evolving world of auto finance, TransUnion and IHS Markit acknowledged that finance companies require the ability to conduct powerful statistical queries to gain a more comprehensive understanding of the market. On Monday, TransUnion and IHS Markit ... [Read More]

The image associated with this report provides a vivid glimpse of what a luxury automaker and its captive finance company are trying to do. Last week, MINI USA and MINI Financial Services announced the introduction of Flipped Financing, a vehicle financing ... [Read More]

Hyundai Capital America (HCA) captured an honor this week, because as award organizers put it: “HCA saw the writing on the wall — a world with increased ride share, autonomous driving, electrification — and knew innovation was necessary or they ... [Read More]

Former Mercedes-Benz Financial Services and AutoGravity executives Andy Hinrichs and Nick Stellman founded Digital Motors last year, striving to become an innovation leader in automotive retail and financial technology. Now Digital Motors is leveraging the expertise of Hinrich Woebcken, who ... [Read More]

A member of the inaugural Emerging 8 is continuing to roll out new solutions. PointPredictive recently launched what it called Outsourced Fraud Mitigation, a service that can help finance companies bolster their fraud defenses by leveraging PointPredictive’s fraud experts and ... [Read More]

ZestFinance, a provider of credit software fueled by artificial intelligence (AI), announced its integration with MeridianLink, a multichannel loan and new account origination platform. According to a news release distributed last week, MeridianLink will be integrating Zest Automated Machine Learning ... [Read More]

AutoGravity is leveraging its relationship with a trio of German automakers to deliver a consumer option for individuals near Los Angeles who do not want a lease or retail installment sales contract. On Tuesday, AutoGravity launched a flexible car usage ... [Read More]

On Tuesday, LendingTree announced an integration with RouteOne. With this development, LendingTree’s credit application functionality will integrate with RouteOne’s credit aggregation system to present indirect financing offers to consumers. The company highlighted the integration enhances LendingTree’s automotive product offering and ... [Read More]

Wells Fargo recently highlighted that one of its largest educational and philanthropic endeavors reached a new milestone, fueled in part by a 20 dealer groups and franchised stores. The bank’s initiative — in collaboration with Military Warriors Support Foundation’s Transportation4Heroes ... [Read More]