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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

PODCAST: How credit unions embrace auto-finance technology

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Auto Fin Journal Staff
With credit unions collectively having an immense piece of the auto finance market, institutions are looking to retain that share and even gather a bit more by leveraging technology. CU Direct chief revenue officer Phil DuPree joined Nick for this ... [Read More]

ACI Worldwide to buy Western Union’s Speedpay for $750M

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Auto Fin Journal Staff
ACI Worldwide is making quite a payment to Western Union. The companies announced on Thursday they have entered into a definitive agreement for ACI to acquire Speedpay, Western Union’s United States bill pay business, for $750 million in an all-cash ... [Read More]

CalAmp rolls out Device-as-a-Service business model

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Auto Fin Journal Staff
As the company announced its new Device-as-a-Service (DaaS) subscription business model, CalAmp chief executive officer Michael Burdiek explained the three main elements within the DaaS space that make it attractive and potentially profitable. In additional comments sent to Auto Fin ... [Read More]

PODCAST: Talking clean data and cybersecurity with FICO

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Auto Fin Journal Staff
As the company gears up to host FICO Auto Mastermind 2019 this week, Nick shared his conversations with a pair of FICO experts who were in San Francisco earlier this year for the Vehicle Finance Conference hosted by the American ... [Read More]

ACH Network volume climbs for 4th year in a row

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Auto Fin Journal Staff
NACHA highlighted the ACH Network, an electronic payment system that safely and reliably moves tens of billions of payments annually, generated another milestone in 2018. Officials indicated payment volume climbed by almost 1.5 billion payments, marking the fourth straight year ... [Read More]

Cox Automotive whitepaper identifies rub over accurate dealer pricing

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Auto Fin Journal Staff
Dealers probably know this sequence all too well. A walkaround and test drive of a vehicle both went well, and the financing process advanced to the point where the potential buyer sees what the monthly payment could be. Then customers recoil, ... [Read More]

Hyundai’s financial success with AI and blockchain in South Korea sets stage for possible global deployment

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Auto Fin Journal Staff
Technology Hyundai is already deploying in South Korea with its financial services enterprises might be a preview of what the OEM eventually brings to the United States. During IBM Think, Hyundai Card and Hyundai Commercial, financial services subsidiaries of Hyundai ... [Read More]

AutoMotion sees subscription app surge to top of Apple Store

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Auto Fin Journal Staff
Here’s an example of how search engine optimization helped a vehicle-subscription app quickly cultivate a store-leading following. AutoMotion announced on Wednesday that its Car Subscription app achieved initial consumer adoption, ranking in the top spot for car subscription shopping terms ... [Read More]

UK-based GBG acquires US-based IDology to boost global identity verification and fraud prevention capability

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Auto Fin Journal Staff
GBG, a U.K.-headquartered identity data intelligence specialist, recently announced that it has conditionally agreed to acquire IDology, a U.S.-based provider of identity verification and fraud prevention services. The company said the all-cash transaction is for $300 million. IDology is a ... [Read More]

Studies: More operational changes ahead in 2019 with machine learning, big data and blockchain

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Auto Fin Journal Staff
A recent survey conducted by TD Bank showed treasury and finance professionals anticipate more operational challenges in 2019 than in previous years. And a separate analysis distributed by Frost & Sullivan highlighted that technologies such as machine learning, big data and ... [Read More]

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