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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
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

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

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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

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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

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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]

3 primary findings from LexisNexis Risk Solutions Cybercrime Report

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Auto Fin Journal Staff
On Wednesday, LexisNexis Risk Solutions highlighted three primary findings from its Cybercrime Report covering activities from July through December of last year. The company indicated the findings crystalize how fraud has increasingly become borderless on a global scale. As the ... [Read More]

White Clarke Group names Ross as new CTO

Wayne Ross for web
Auto Fin Journal Staff
White Clarke Group recently welcomed Wayne Ross as its chief technical officer. With 25 years of experience in engineering, technology development and business management, the company said in a news release that Ross will be working with White Clark Group’s ... [Read More]

GuardKnox taps former Ford & Bosch exec to oversee new Detroit subsidiary

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Auto Fin Journal Staff
Fueled in part by resources from operations like Fraser McCombs Capital, an investment firm in the auto technology and mobility space, GuardKnox is in growth mode. Asserting itself as the automotive industry’s first global cybertech tier supplier of secure, service-oriented, ... [Read More]

Digital Motors adds Autotech Ventures as a lead investor

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Auto Fin Journal Staff
Digital Motors, which provides dealers a digital retail and fintech platform to enable online transactions, now has Autotech Ventures as a lead investor, as the comapny announced its first external funding round.  Autotech Ventures, based in Silicon Valley, is one ... [Read More]

Market Scan and Tekion partner to boost automotive retail desking

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Auto Fin Journal Staff
Market Scan Information Systems recently expanded its collection of industry partnerships. The automotive solutions and data provider announced it has teamed up with Tekion, a cloud-native dealer management system. Through the partnership, Tekion’s Sales module will be powered with Market ... [Read More]

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