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SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

Lightico survey gauges how customers stand with their auto-finance commitments and preferences

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Auto Fin Journal Staff
Lightico conducted a customer survey this past weekend and found an overwhelming majority of its auto-finance users — 90.1%, to be exact — currently prefer digital or remote interaction with their provider stemming from the ongoing coronavirus pandemic. Meanwhile, Lightico also ... [Read More]

Carvana looks to generate $600M in latest stock offering

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Auto Fin Journal Staff
Just about a week after landing a funding commitment of up to $2.0 billion from Ally Financial, Carvana is turning back to the investment community to generate more financial resources. On Monday morning, Carvana announced the pricing of a registered ... [Read More]

PODCAST: Equifax’s Jennifer Reid on improvements in digital retailing and financing

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Auto Fin Journal Staff
Even before the coronavirus pandemic, smoothing the digital retailing and financing processes was a priority for Jennifer Reid at Equifax. For this podcast episode recorded during the Vehicle Finance Conference hosted by the American Financial Services Association back in February, ... [Read More]

TransUnion examines how COVID-19 is changing consumer shopping patterns

online car shopping
Auto Fin Journal Staff
The coronavirus pandemic has forced more consumers to shop online and dealers and fintech firms to polish their digital retailing endeavors. And fraudsters are sharpening their deceptive tools, too. On Tuesday, TransUnion released new research that quantifies the spike in ... [Read More]

Fiserv acquires Bypass Mobile to reinforce omni-commerce capabilities

acquisition
Auto Fin Journal Staff
Fiserv bolstered its technology toolbox through an acquisition last week. The global provider of payments and financial services technology solutions announced the acquisition of Bypass Mobile, an independent software vendor (ISV) and innovator in enterprise point-of-sale systems. Officials explained the ... [Read More]

Ally doubles up for Carvana, making up to $2B available

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Auto Fin Journal Staff
Ally Financial is making sure Carvana has liquidity to keep its online vehicle retailing machine in motion no matter the challenges the coronavirus pandemic is presenting the industry. Late on Tuesday, Carvana announced a significant increase and extension of its ... [Read More]

MoneyGram activity jumps as COVID-19 impact continues

fintech investment
Auto Fin Journal Staff
As COVID-19 continues to make routine financial transactions more complicated, here is another example of how fintech solutions are answering the call to help consumers maintain their commitments. MoneyGram International, a facilitator of payments and money transfers, last week reported ... [Read More]

FIS aids efforts in updating cyber-risk guidebook

best practices
Auto Fin Journal Staff
FIS played a role in compiling critical guidance to help financial services companies handle cyber-risk oversight. Chief risk officer Greg Montana co-authored the incident response section of the seventh edition of the Director’s Handbook on Cyber-Risk Oversight recently released by ... [Read More]

PODCAST: Another visit with GM Financial’s Kyle Birch

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Auto Fin Journal Staff
For the third consecutive year, Nick Zulovich connected with now GM Financial North America operations president Kyle Birch for an episode of the podcast recorded during the Vehicle Finance Conference hosted by the American Financial Services Association. In a conversation conducted ... [Read More]

KPMG gains US patent for blockchain application that increases trust in AI data management practices

blockchain
Auto Fin Journal Staff
The U.S. Patent and Trademark Office recently granted a patent to KPMG for a blockchain-based method that can improve the selection, curation and management of data used to train machine learning and artificial intelligence (AI) models. The company highlighted KPMG’s ... [Read More]

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