Analysis by Wolters Kluwer Compliance Solutions from its Q4 Auto Finance Digital Transformation Index showed adoption of digitized contracting and documentation workflows by auto retailers and their financing partners that foster back-office efficiencies saw a noticeable jump to close last ... [Read More]

Last week, DealNow.com launched its new Instant Loan Lookup and Payoff Solution, designed to reshape inventory acquisition for dealers. The company highlighted this tool can address the growing challenges dealers face in sourcing quality used vehicles amid current market conditions. ... [Read More]

Neighbors Federal Credit Union and Point Predictive finalized a partnership last week with the auto finance provider selecting AutoPass to streamline originations. By implementing AutoPass, executives said Neighbors Credit Union will be able to approve low-risk applications without requiring onerous ... [Read More]

Credit Union Leasing of America (CULA) recently filled an executive role in a move the company did not anticipate having to do a few months ago. The provider of indirect vehicle leasing for credit unions for more than 35 years ... [Read More]

Algebrik AI, which offers what the company believes is the first cloud-native, artificial intelligence-powered, digital-era loan origination platform (LOS), announced a strategic partnership with Auto Exam, a provider of vehicle service contracts, GAP insurance, and collateral protection products. The companies ... [Read More]

Modives and Connexion Mobility announced a new partnership to introduce identity and insurance verification into the automotive industry. Starting with courtesy transportation, Connexion Mobility’s dealership customers can now redefine their courtesy fleet risk management in a space the services providers ... [Read More]

Sunbit and Reynolds and Reynolds announced an integration partnership last week. The move is meant to enable dealerships to convert more repair orders by utilizing the Reynolds Retail Management System and Sunbit’s financing technology to leverage real-time data and prescreen ... [Read More]

The majority of dealerships are experiencing data gaps between the core systems that run their operations:  customer relationship management, dealer management and finance management systems. The vast majority are saying that better quality integrations and workflows between website tools and ... [Read More]

Along with rolling out new resources for dealerships, CUDL highlighted last week that its credit union vehicle financing platform closed 2024 with $41.16 billion in funded contracts. Last year, the company said a growing number of credit unions embraced the ... [Read More]

We continue our episodes of the Auto Remarketing Podcast originating from Used Car Week 2024 in Scottsdale, Ariz., with a panel discussion focused on how finance companies and dealerships can work even closer together to find “the right one,” which ... [Read More]