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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

Blockchain Research Institute forms alliance with UT Dallas

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Auto Fin Journal Staff
With blockchain gaining more momentum, academia is responding to ensure the industry has trained workers who can flourish in that particular space. This week, the Institute for Innovation and Entrepreneurship at The University of Texas at Dallas announced a new ... [Read More]

Experian global study pinpoints 2 ‘bedrocks’ of digital commerce

Experian study graphic for AFJ
Auto Fin Journal Staff
Whether a consumer is buying a personal care item costing just a few bucks or financing a vehicle purchase involving thousands of dollars, Experian insisted that digital commerce has changed the way consumers interact with businesses. Experts see how commerce ... [Read More]

Path to unlocking $120B in automotive revenue via blockchain

blockchain
Auto Fin Journal Staff
Since blockchain is establishing its presence in the automotive sector, strategy and marketing consultancy Simon-Kucher & Partners projected after dissecting recent study findings that the revenue potential for this technology could ramp up to be nearly $120 billion by 2030. ... [Read More]

RouteOne COO departs after 17 years

executive boardroom
Auto Fin Journal Staff
RouteOne said on Thursday that one of its longest-tenured executives — chief operating officer Brad Rogers — announced his resignation to take leadership of an organization in an adjacent industry. And it appears it’s going to take five other RouteOne ... [Read More]

Outsell highlights 45% revenue growth and update to AI-fueled marketing tool

revenue growth
Auto Fin Journal Staff
Artificial intelligence appears to be generating some real revenue in the automotive space. Coinciding with a major update to its flagship platform, AI-driven marketing automation platform Outsell also announced strong 2018 financial results, with direct revenue up 45 percent over ... [Read More]

Equifax study examines what dealers and finance companies want to remain competitive

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Auto Fin Journal Staff
With the vehicle-financing process in constant evolution, the demand for dealerships and finance companies to handle consumer concerns is growing, too. A new commissioned study conducted by Jabian Consulting on behalf of Equifax confirmed that dealers and finance companies alike ... [Read More]

AmTrust and Endurance Dealer Services set to deploy VSC that covers electric vehicle batteries

green-car
Auto Fin Journal Staff
The finance industry is responding to the need for consumer protection for owners of vehicles fueled by battery power. AmTrust Financial Services, a leading specialty commercial property and casualty insurer, together with Endurance Dealer Services, a provider of extended vehicle ... [Read More]

IHS Markit unveils forecasting solution to updated credit loss standard

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Auto Fin Journal Staff
IHS Markit is leveraging its scale in the economic and technological worlds to help banks and finance companies navigate significant accounting changes coming within the next year. The company announced the launch of its economic and financial scenario solution designed ... [Read More]

UK fintech firm lands 56 million euros in equity and debt funding

news update 2
Auto Fin Journal Staff
Funds to help fintech firms in Europe arrived on Monday. Fintech business lender MarketInvoice announced it has raised 26 million euros in new equity funding. This Series-B funding round was led by Barclays and fintech fund Santander InnoVentures with significant ... [Read More]

Fiserv to merge with First Data in $22B stock transaction

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Auto Fin Journal Staff
Major consolidation in the fintech space unfolded on Wednesday. Fiserv and First Data Corp. announced that their boards of directors have unanimously approved a definitive merger agreement under which Fiserv will acquire First Data in an all-stock transaction. The companies ... [Read More]

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