TransUnion is bolstering its portfolio to operate in the credit prequalification market. The company on Wednesday signed a definitive agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that can empower lenders and banks to deliver highly personalized ... [Read More]

Solifi on Tuesday announced the appointment of Dan Corazzi as its new CEO, in a move that becomes effective on Monday. Solifi said current CEO David Hamilton will transition into the role of chairman for the global fintech software partner ... [Read More]

On Tuesday, YASSI — a provider of real-time vehicle registration, title and lien data — launched what the company said is the first federated single sign-on (SSO) solution in the United States for accessing real-time vehicle records. YASSI said this ... [Read More]

Former Emerging 8 selection TurboPass again honored dealerships before the year finished. Ten recipients were among the 2024 Dealer of the Year Awards given by the financial technology software company based in Austin, Texas, specializing in automation, SaaS, and cloud-based ... [Read More]

Point Predictive recently announced a significant expansion of its integration with RouteOne, all in an effort to reduce some of the biggest financing headaches dealerships might experience trying to get a customer delivered. According to a news release, the expansion ... [Read More]

Fitch Ratings looked at electric vehicles through the prism of auto asset-backed securities (ABS) transactions. Analysts believe softening EV demand and corresponding price reduction strategies will constrain EV residual values and recoveries. “Ratings are not affected given the limited concentration ... [Read More]

Chase Auto opened 2025 with changes at the top of its leadership team. The finance company said Leslie Wims-Morris now is CEO of Chase Auto, reporting to Marianne Lake, who is CEO of consumer and community banking (CCB). Wims-Morris replaced ... [Read More]

Having spent 35 years in the automotive industry, it is my experience dealer principals are generally concerned about “being in debt,” though debt, when managed properly, can be a powerful tool for dealership principals to enhance liquidity and profitability. Leveraging ... [Read More]

Perhaps the electric-vehicle market simply is recharging — at least from a financing perspective. According to Experian’s State of the Automotive Finance Market Report: Q3 2024, consumer interest in EVs found additional juice in the third quarter, even following several ... [Read More]

ValidiFI, a leading provider of predictive bank account and payment intelligence to help validate bank accounts, detect fraud and assess credit risk, announced a strategic integration with DigiFi, a leading platform for automated digital lending. As part of this integration ... [Read More]