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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
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

Report projects global automotive blockchain market growth through 2030

blockchain
Auto Fin Journal Staff
At least one firm sees the compound annual growth rate (CAGR) for the global automotive blockchain market to be quite robust in 2020 and into the next decade. Allied Market Research said in its recently published report the global automotive ... [Read More]

3 enhanced dealer capabilities of myautoIQ’s real-time AI platform

AI, technology 407422783
Auto Fin Journal Staff
Before 2019 closed, another Software-as-a-Service (SaaS) company targeting buyers in the automotive retail industry released its proprietary search engine fueled by artificial intelligence (AI). And it’s a solution that’s designed to function similar to how music might flow through your ... [Read More]

NAFCU white paper outlines 6 principles for privacy reform

data privacy
Auto Fin Journal Staff
The National Association of Federally-Insured Credit Unions (NAFCU) recently developed a new white paper that outlines six essential principles for implementing a national data privacy standard as lawmakers – at both the federal and state level – consider new legislation regarding ... [Read More]

ACS, truPayments share update on development of GRAIL technology platform

Tarry Shebesta at AIS
Auto Fin Journal Staff
Automobile Consumer Services (ACS) established truPayments to create a suite of technology products and web API services on the platform to support the 500 dealers using DriveItNow. In 2017, ACS engineers began building a new platform called GRAIL in an ... [Read More]

ActivEngage partners with CreditIQ on advanced financial tool

partnership
Auto Fin Journal Staff
ActivEngage turned to an honoree among this year’s Emerging 8 to form its latest partnership to help dealerships work with online vehicle shoppers. The provider of managed automotive solutions and communications services has partnered with CreditIQ, a provider of integrated ... [Read More]

J.D. Power, nCino collaborate to push vehicle data to the cloud

cloud computing
Auto Fin Journal Staff
J.D. Power Valuation Services data now resides in another portion of the cloud in a move to help banks making loan decisions when vehicles are included as collateral. Cloud banking operator nCino announced on Monday that it is collaborating with ... [Read More]

BB&T and SunTrust finalize merger to become Truist

latest news
Auto Fin Journal Staff
Truist Financial Corp. is officially ready for business, according to an announcement made on Monday morning. Executives said the completion of the merger involving BB&T Corp. and SunTrust Banks became effective on Friday. They pointed out Truist now is the sixth-largest ... [Read More]

DCI partners with TCH to bring real-time payments to more community banks

partnership
Auto Fin Journal Staff
Just before Thanksgiving, two firms in the payments space finalized a partnership. Data Center Inc. (DCI), the privately owned developer of iCore360 core banking software and related omnichannel technologies, announced a partnership with the Clearing House (TCH) to bring real-time payment ... [Read More]

Former Experian VP becomes chief data officer at Finastra

new hire 2
Auto Fin Journal Staff
Finastra recently turned to a former Experian executive to be its new chief data officer. Formed in 2017 by the combination of Misys and D+H, the cloud-based platform for open innovation designed to help global financial institutions as well as ... [Read More]

CFPB shares 3 focus areas as AI and machine learning impact underwriting

CFPB Kraninger file photo
Auto Fin Journal Staff
The Consumer Financial Protection Bureau (CFPB) understands tools such as artificial intelligence and machine learning are making their way into underwriting departments at auto finance companies and other providers of financial services. It’s why CFPB director Kathleen Kraninger recently reiterated ... [Read More]

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