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]

If a consumer sees a vehicle they like at the grocery store parking lot, their child’s school or just about anywhere, USAA is giving its members the opportunity to gain information immediately about potentially buying a similar unit. USAA — ... [Read More]

One of the lead sponsors of Used Car Week 2018 is placing even more emphasis on its fintech operations. On Monday, Digital Recognition Network (DRN), an AI and data analytics company that provides vehicle location data and analytics to finance ... [Read More]

TruDecision reinforced its advisory board on Monday with a blockchain expert who hails from both the academic and business worlds. The fintech company focused on driving efficiencies in the auto finance and dealership spaces announced the advisory board appointment of ... [Read More]

Auto-finance industry participants that know the name Fiserv now have a new moniker to place in their contact listings. On Thursday, Fiserv Lending Solutions announced the launch of its new brand identity. The joint venture between Fiserv and Warburg Pincus ... [Read More]

Carleton bolstered its compliance and research team this week as the provider of compliant loan calculation and digital document software solutions added Brian Kelly. With the expansion of state-driven regulatory changes, along with the uncertainty of the Consumer Financial Protection ... [Read More]

Rather than rowing the technology boat alone, leading automotive service providers are continuing to collaborate as evident by this week’s development involving CDK Global, AutoFi and Equifax. CDK Global announced that AutoFi has agreed to consume digital retailing application programming ... [Read More]