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This Month's Focus

Turbocharged Finance
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Pete MacInnis for web eLEND Solutions survey to gather information going into Used Car Week
Pete MacInnis, eLEND Solutions CEO and founder, is doing plenty of homework before his appearance at Used Car Week, which begins on Nov. 16 in San Diego. MacInnis is generating real-world data for his presentation titled, “Can Machine Learning Fix ... Read More
3 primary capabilities of PayNearMe’s AI Servicing and Collections Agent
Almost a month ago, PayNearMe acquired the technology assets and hired the key employees of Marr Labs in a move described as one that will “help shape the future of payments.” The next development in that future involving artificial intelligence ... Read More
Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
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
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
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

ANALYSIS: Actions to take now to protect the future state of your portfolio

best practices
Michael Sogomonian, Digital Matrix Systems
The COVID-19 pandemic will undoubtedly have repercussions for consumers and lenders alike, as we are already starting to see. What isn’t evident yet is how things will look in another month, three months, six months and beyond. Have you identified ... [Read More]

Cherokee Media Group announces 2020 Emerging 8 honorees

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Auto Fin Journal Staff
The Automotive Intelligence Summit is scheduled for August, and another eight companies are set to be honored as Cherokee Media Group hosts the Automotive Intelligence Summit, one of the fastest-growing events focused on fintech, digital retail, mobility and other elements ... [Read More]

Autotech Ventures lands another $150M in funding

Autotech VC website for web
Auto Fin Journal Staff
Autotech Ventures recently landed the second-largest funding amount in the five-year history of the venture capital firm that’s on tap to appear during this summer’s Automotive Intelligence Summit. Autotech Ventures announced the closing of its $150 million Fund II that ... [Read More]

Innovative Funding Services changes name to Tresl

tresl logo for web
Auto Fin Journal Staff
Innovative Funding Services (IFS) has been in operation for 13 years. On Wednesday, the fintech firm specializing in auto finance changed its name. According to a news release, the company will begin operating under a new name and, effective immediately, ... [Read More]

Mazda Financial Services now running with defi SOLUTIONS tools

Mazda3 for web
Auto Fin Journal Staff
An Asian automaker now is leveraging the financial technology provided by defi SOLUTIONS through a project that took less than a year to complete. According to a news release distributed on Tuesday, defi SOLUTIONS announced the live launch of its end-to-end ... [Read More]

Women in Auto Finance award program now open for nominations

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Auto Fin Journal Staff
After assembling two previous classes of honorees, one of Cherokee Media Group’s industry award programs now needs crucial input from you. Continuing our series of award programs that honor the most dedicated and talented professionals from throughout the used-car industry, ... [Read More]

TransUnion survey: 87% of US consumers have financial plan to overcome crisis

transunion study for web
Nick Zulovich, Senior Editor
In an effort to gain more timely information about how consumers are being impacted by COVID-19, TransUnion compiled a global report examining financial hardship and found that in the U.S., 87% of consumers who participated in a survey said they ... [Read More]

FormFree and Ocrolus partner on income verification program

wages
Auto Fin Journal Staff
FormFree recently announced a partnership with Ocrolus, a leading fintech infrastructure company that looks to transform documents into actionable data with more than 99% accuracy. Officials indicated FormFree’s Passport all-in-one asset, employment and income verification service will include API calls ... [Read More]

Details of 2 new Equifax COVID-19 response packages

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Auto Fin Journal Staff
Equifax is looking to offer its clients the tools they need to navigate these unprecedented times by recently launching a pair of solution kits. As the company closely monitors the rapidly evolving COVID-19 situation and its significant financial impact on ... [Read More]

M&G Solutions partners with Remitter to boost collections with AI tool

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Auto Fin Journal Staff
Maxwell and Graves Solutions (M&G Solutions) recently announced a partnership Remitter, which offers a white-labeled SMS and email communications platform powered by artificial intelligence and used by providers in the financial services industry to improve collection and recoveries performance. Officials ... [Read More]

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