Significant changes are in motion within the American Financial Services Association (AFSA). On Wednesday, AFSA announced that its board of directors has elected a new chairman, chair-elect and vice chairman-treasurer for the next 12 months. Additionally, the board approved a ... [Read More]

A trio of companies are joining forces to revamp the credit score. Experian, FICO and Finicity announced a new credit score this week during the Money 20/20 USA conference. The new score, called UltraFICO Score, leverages account aggregation technology and ... [Read More]

Dealertrack now has a closer relationship with two captive finance companies. On Monday, Dealertrack announced the expansion of its partnership with Hyundai Motor Finance and Kia Motors Finance making Dealertrack Contracting available in 39 states, including Texas, California, New York, ... [Read More]

Another client-service provider relationship has evolved into one of executive teammates. TruDecision, a fintech company providing sophisticated applications of artificial intelligence, machine learning and other quantitative tools to dealers and finance companies, has named Joel Kennedy its chief operating officer. ... [Read More]

Since oftentimes potential buyers are cruising website and making considerations based on their monthly budget, truPayments recently introduced tru Shop-by-Payment and the ShopByPayment.com website. Company officials explained that tru Shop-by-Payment is a Software-as-a-Service product for dealers and finance companies aimed ... [Read More]

TruDecision’s advisory board already includes a leading blockchain researcher. And now the fintech company looking to provide sophisticated applications of artificial intelligence, machine learning and other quantitative tools for dealers and finance companies now has former high-level executive from GM ... [Read More]

A company that specializes in catering to customers who are low-to-moderate income individuals with soft credit histories now has the technological horsepower constructed by SpringboardAuto.com. Oportun, a technology-powered community development financial institution (CDFI), announced on Tuesday it has acquired the ... [Read More]

Industry leaders reiterated during this summer’s Automotive Intelligence Summit the importance of collaboration as technology evolves. Another example of those kinds of partnerships recently came to fruition involving Jericho Information Technology and OneMagnify. Dave McCune, president of Jericho Information Technology ... [Read More]

Cox Automotive grew again on Monday. The company announced the acquisition of Intersection Technologies; better known in the aftermarket industry as F&I Express. Management said the deal furthers Cox Automotive’s mission to transform the way the world buys, sells, owns ... [Read More]

As the firm itself pushes additional resources into its blockchain division, KPMG pinpointed how much fintech investment grew during the first half of this year. According to KPMG’s Pulse of Fintech report, investment in U.S.-based fintech companies surged to $14.2 ... [Read More]