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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
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

Dealertrack broadens contracting solution availability for Hyundai and Kia dealers

Hyundai pic for dealertrack
Auto Fin Journal Staff
Dealertrack now has a closer relationship with two captive finance companies. On Monday, Dealertrack announced the expansion of its partnership with Hyundai Motor Finance and Kia Motors Finance making Dealertrack Contracting available in 39 states, including Texas, California, New York, ... [Read More]

TruDecision welcomes Kennedy as chief operating officer

new hire
Auto Fin Journal Staff
Another client-service provider relationship has evolved into one of executive teammates. TruDecision, a fintech company providing sophisticated applications of artificial intelligence, machine learning and other quantitative tools to dealers and finance companies, has named Joel Kennedy its chief operating officer. ... [Read More]

truPayments unveils tru Shop-by-Payment

shop-online
Auto Fin Journal Staff
Since oftentimes potential buyers are cruising website and making considerations based on their monthly budget, truPayments recently introduced tru Shop-by-Payment and the ShopByPayment.com website. Company officials explained that tru Shop-by-Payment is a Software-as-a-Service product for dealers and finance companies aimed ... [Read More]

TruDecision adds former GM Financial executive to advisory board

board-room
Auto Fin Journal Staff
TruDecision’s advisory board already includes a leading blockchain researcher. And now the fintech company looking to provide sophisticated applications of artificial intelligence, machine learning and other quantitative tools for dealers and finance companies now has former high-level executive from GM ... [Read More]

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]

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