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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

PODCAST: Reviewing 25 years of auto-finance technology development

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Auto Fin Journal Staff
As someone with backgrounds in science and mathematics, Market Scan co-founder and president Rusty West has greatly enjoyed the past 25 years as a developer and engineer involved with vehicle retailing and financing. West shared his perspectives with Nick on ... [Read More]

Wells Fargo Preferred Capital joins Auto Intel Council

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Auto Fin Journal Staff
The Auto Intel Council (AIC) welcomed its newest member this week. Joining the collection of leading companies and experts in the auto fintech space is Wells Fargo Preferred Capital. The AIC also includes Digital Recognition Network (DRN), IBM, KAR Auction ... [Read More]

PODCAST: Dealertrack on how dealerships and finance companies handle consumer demands

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Auto Fin Journal Staff
Along with offering an update on how its uniFI platform has been adopted, Dealertrack’s Cheryl Miller joined Nick for another podcast to discuss how dealerships and finance companies are answering the call to respond to consumer demand for transparency and ... [Read More]

Experian updates success of Ascend Technology Platform 18 months after launch

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Auto Fin Journal Staff
Experian sees the productivity enjoyed by OneMain Financial as an example of what the Experian Ascend Technology Platform can do for auto finance companies and other firms involved in financial services. Experian said that today’s successful businesses rely on the ... [Read More]

COMMENTARY: Early identification through technology & analytics drives improved customer journey

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Jennifer Reid, Equifax
Automotive lenders, dealers and technology companies not only look at the industry different today, but they also look at customers different. Today, they want to find ways for the customer to be even more educated than they were in the ... [Read More]

Auto refinance startup raises $4.7M in seed funding

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Auto Fin Journal Staff
Auto refinance startup MotoRefi announced $4.7 million in seed funding on Tuesday, with funding led by seed-led venture capital firm Accomplice. QED Investors and Motley Fool Ventures also participated in the funding. MotoRefi is a digital platform designed to connect ... [Read More]

Data Decisions Cloud emerges from Equifax and FICO strategic partnership

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Auto Fin Journal Staff
To increase velocity for deploying predictive models, FICO and Equifax are introducing the Data Decisions Cloud. And a trio of other related solutions from the companies’ collaborative efforts is on track to be released later this year. According to a ... [Read More]

Carvana enters securitization market with $350M offering

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Auto Fin Journal Staff
Along with expanding its reconditioning capabilities, Carvana is also delving deeper within the financing side of its business as an online used-vehicle retailer. On Tuesday, Carvana announced that it priced its first auto loan securitization, successfully adding a new, large ... [Read More]

FIS and Worldpay to merge, creating $12B fintech firm

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Auto Fin Journal Staff
For the second time this quarter, two major participants in the financial services and payments spaces made moves to merge. In January, Fiserv and First Data Corp., announced that their boards of directors unanimously approved a definitive merger agreement. Then ... [Read More]

Market Scan sees 2 financing trends emerge from NADA interactions

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Auto Fin Journal Staff
Market Scan co-founder and president Rusty West took some time to process the intense activity surrounding NADA Show 2019 this past January in San Francisco. Surrounding the annual event, the automotive financing and leasing software and data provider finalized a ... [Read More]

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