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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
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

New York Fed considers ramifications of significant cyberattack on payment system

IT picture
Auto Fin Journal Staff
A trio of experts at the New York Federal Reserve constructed a variety of scenarios connected with how banks and payment networks would be impacted if a widespread cyberattack happened. Thomas Eisenbach, Anna Kovner and Michael Junho Lee released their ... [Read More]

NICB and FRISS form strategic partnership to curb fraud

fraud prevention
Auto Fin Journal Staff
FRISS, a company dedicated to combating insurance fraud using innovative IT software, and the National Insurance Crime Bureau (NICB), a not-for-profit organization dedicated exclusively to fight insurance fraud and theft, recently announced the two organizations entered a strategic partnership. NICB ... [Read More]

Ally Financial selects new chief information, data and digital officer

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Auto Fin Journal Staff
Ally Financial is asking Sathish Muthukrishnan to complete an array of tasks as the company’s new chief information, data and digital officer. According to a news release distributed on Monday morning announcing he joined the company, Ally said Muthukrishnan will ... [Read More]

FunnelAI now part of CDK Global Partner Program

partnership gears
Auto Fin Journal Staff
FunnelAI, a real-time, purchase-ready customer acquisition platform that uses artificial intelligence to turn social intent and web activity into prospects for businesses, recently announced that it has become a participant in the CDK Global Partner Program. The company highlighted that ... [Read More]

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]

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