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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

Community development financial institution acquires SpringboardAuto.com

news update
Auto Fin Journal Staff
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]

Jericho Information Technology and OneMagnify partner to leverage AI and more

strategy picture
Auto Fin Journal Staff
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 acquires F&I Express

acquisition
Auto Fin Journal Staff
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]

KPMG sees US fintech investment surpass $14B by 2018 midpoint

fintech investment
Auto Fin Journal Staff
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]

USAA pilots augmented reality app for vehicle shopping and financing options

AR_car buying 1 for AFJ
Auto Fin Journal Staff
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]

DRN creates client services unit with 5 fintech experts

Jeremiah Wheeler for AFJ
Auto Fin Journal Staff
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]

Leading blockchain researcher joins TruDecision advisory board

blockchain
Auto Fin Journal Staff
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]

Fiserv Lending Solutions becomes Sagent Lending Technologies

Sagent-Lending-Technologies-logo for AFJ
Auto Fin Journal Staff
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 expands compliance team in light of potential state and federal changes

new hire 2
Auto Fin Journal Staff
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]

Fortellis Automotive Commerce Exchange platform gains more involvement

online auto financing
Auto Fin Journal Staff
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]

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