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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

Amazon Autos broadens financing options with Chase, Santander & Wells Fargo

Auto Fin Journal Staff
Now Amazon has another important part of the automotive retailing business covered. On Tuesday, Amazon Autos announced the addition of three finance companies — Chase, Santander and Wells Fargo — to its growing automotive storefront. According to a news release, ... [Read More]

Landmark Credit Union picks new president & CEO

Auto Fin Journal Staff
Next Monday will mark the beginning of Timothy Mackay serving as president and CEO of Landmark Credit Union, which has more than $7 billion in total assets, 35 branches, more than 400,000 members and more than 1,000 employees. Mackay will ... [Read More]

Fifth Third to acquire Comerica, creating ninth-largest bank

Auto Fin Journal Staff
Two banks that might already be in your dealership network of auto-finance providers are coming together. Fifth Third Bank and Comerica Bank announced on Monday morning that they have entered into a definitive merger agreement under which Fifth Third will ... [Read More]

Dealer Alchemist rolls out Soft Credit Pull powered by Equifax VantageScore

Auto Fin Journal Staff
Last week, Dealer Alchemist released Soft Credit Pull, a website-integrated prequalification tool that can give car shoppers instant, credit-informed payment estimates without a hard credit pull. Powered by Equifax VantageScore, the automotive digital marketing solutions provider said this tool can ... [Read More]

Connects Federal Credit Union boosts GAP value via Way.com partnership

Auto Fin Journal Staff
A Virginia credit union has found a way to make its GAP coverage even more valuable to vehicle buyers. Way.com on Wednesday announced a strategic partnership with Connects Federal Credit Union that integrates Way+ car services membership with the credit ... [Read More]

USPTO publishes FlexPath DXP’s patent application for VeriQual

Auto Fin Journal Staff
FlexPath DXP announced on Tuesday that the U.S. Patent and Trademark Office (USPTO) has published its patent application for VeriQual, the company’s technology that combines identity verification and credit prequalification starting with just a phone number. The company highlighted the ... [Read More]

Carleton survey: Lenders divided over trusting AI-fueled loan compliance tools

Auto Fin Journal Staff
Carleton on Tuesday released findings from a nationwide survey highlighting the lending industry’s perspectives on artificial intelligence in loan compliance and error detection. The provider of compliant loan calculation and disclosure solutions said the results revealed a mix of optimism ... [Read More]

Alfa unveils syndication capabilities for asset and loan finance

Alfa deploys first of six upcoming releases of software platform
Auto Fin Journal Staff
Alfa on Friday released its syndication module for Alfa Systems, delivering automated support for syndicating leases, loans and revolving credit facilities. The provider of technology for asset finance said the new module can enable complete syndication management for lenders — ... [Read More]

Fiserv reinforces advisory services & cash-management capabilities via 2 acquisitions

Nick Zulovich
Fiserv revealed two acquisitions in a five-day span to reinforce its services for clients. First on Thursday, the global provider of payments and financial services technology announced it has acquired Smith Consulting Group (SCG), an operational consulting service utilized by ... [Read More]

Solifi reinforces floorplan technology offerings by acquiring DataScan

Auto Fin Journal Staff
On Tuesday, Solifi announced the acquisition of DataScan, which has been involved in wholesale finance and inventory risk management for more than 30 years. Financial terms of the transaction were not disclosed, according to a news release. Solifi said the ... [Read More]

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