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This Month's Focus

Turbocharged Finance
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Latest two moves by US Bank have dealers & OEMs in mind
U.S. Bank made a pair of moves last week geared to boost its position in automotive with dealerships and OEMs. First, U.S. Bank said it is launching redesigned BMW, MINI and BMW Motorrad Mastercard credit card products that offer cardholders ... Read More
TransUnion and Bankrate collaborate to broaden credit offers  
TransUnion and Bankrate want to make it easier for millions of Americans to find personalized credit offers that meet their needs. On Wednesday, the companies announced they’re working even closer together to deliver smarter matching by combining Bankrate’s lender marketplace ... Read More
COMMENTARY: The LLM compliance paradox & separating conversational AI from quantitative underwriting
It’s hard to open a newspaper or read a tech article today without seeing at least some mention of large language models (LLMs) and their usage in just about any industry. The auto lending sector is no exception, with LLMs ... Read More
SPONSORED EPISODE: High-quality used inventory via the service drive with AutoHub’s Dan Gaughan
Some of the best used-car inventory a dealer could want is sitting right in their own service lane every day. In this special sponsored episode of the Auto Remarketing Podcast, AutoHub general manager Dan Gaughan took dealers through a proven ... Listen Here
Behind the Scenes at Used Car Week
How does an event like Used Car Week come to life? What does this year’s conference have in store? How is agenda planning like Tetris? We go behind the scenes at UCW 2026 and answer those questions with producers extraordinaire ... Listen Here
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here

Perry now president & CEO of Denver-based software and dealer-services company

Chip Perry Headshot (1)_0_0
Auto Fin Journal Staff
The next chapter in Chip Perry’s professional career officially began last Friday; this time with another start-up. The executive who previously has served as a leader with The Los Angeles Times, Autotrader and TrueCar became president and chief executive officer ... [Read More]

Van Horn Automotive Group taps Inovatec to underpin finance company

van horn inovatec for web
Auto Fin Journal Staff
A Midwest franchised dealer group with its own finance company finalized a partnership with Inovatec Systems Corp. on Wednesday. The provider of cloud-based software solutions for all financial institutions now has a relationship with Wisconsin Consumer Credit, the financial arm ... [Read More]

IAA and Dealertrack expand strategic agreement as NC to allow digital processing of total loss titles

NC map
Auto Fin Journal Staff
Perhaps accelerated by the coronavirus pandemic, electronic signatures and other fintech developments now are being utilized more frequently in connection with vehicles that end up being scrapped or dissembled for parts. Dealertrack and IAA recapped on Thursday that the General ... [Read More]

Tresl and Flexco Fleet Services highlight support for Local Initiatives Support Corp.

Charity shutterstock_88662181
Auto Fin Journal Staff
Fintech firms Tresl and Flexco Fleet Services highlighted their latest philanthropy efforts. The companies recently partnered the Hourglass Foundation, a philanthropic arm of Hourglass Management Co.,  to support Local Initiatives Support Corp. (LISC) and financially assist in continued efforts to ... [Read More]

DigniFi continues upward trajectory, integrating with Xtime to launch FlexPay

dignifi and xtime for web
Auto Fin Journal Staff
A week after landing nearly $300 million in financial resources to expand operations, DigniFi is integrating its financing platform for auto repairs and services with Xtime. To help increase dealer revenue per repair order and provide customers with more flexible ... [Read More]

Rodo finalizes partnership with Motus to help business drivers

motus and rodo for web
Auto Fin Journal Staff
Rodo — the online vehicle leasing startup and Emerging 8 honoree that first entered the marketplace known as Honcker — recently announced a partnership with Motus, a provider in reimbursement solutions for businesses with mobile-enabled workers. The companies explained their ... [Read More]

Luber moves from Cox Automotive to Equifax

mark luber resized for web
Auto Fin Journal Staff
Last week, Equifax hired a former top executive from Cox Automotive. After being Cox Automotive’s first chief data officer for a little more than a year, Equifax announced the appointment of Luber as the new chief product officer for United ... [Read More]

Dasceq among 10 firms picked for 2020 FIS Fintech Accelerator

Abhishek Goel at AIS
Auto Fin Journal Staff
Dallas-based Dasceq, a firm that specializes accounts receivables and collections by leveraging artificial intelligence and other technologies was selected as one of the 10 companies selected on Tuesday to participate in the 2020 FIS Fintech Accelerator program, which is orchestrated ... [Read More]

V12 claims to have tool to pinpoint online shopper activity down to brand, model

online car shopping
Auto Fin Journal Staff
No doubt vehicle shoppers are scouring dealership inventory more than ever nowadays. V12, a provider of purchase intent insight and marketing services, wants all segments of the automotive industry to gain more insight about that online activity — even down to ... [Read More]

DigniFi gains nearly $300M in resources to boost vehicle-repair financing platform

mechanic
Auto Fin Journal Staff
AutoNation has been pleased with how DigniFi helps customers in its service drive who might be stretched financially but still need their vehicles repaired. And evidently, the investment world likes what it sees from the financing platform for auto repairs ... [Read More]

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