Dealerships and their network of auto-finance providers are still contending with a huge wave of negative equity connected with consumers wanting a new vehicle. According to new data from the second quarter generated by Edmunds, more than one in four ... [Read More]

FlexPath DXP co-founder and CEO Tarry Shebesta is not necessarily trying to freak out the auto-finance industry. But he did try to alert dealers, lenders and other service providers about a critical fraud pattern he spotted that’s targeting auto, powersports, ... [Read More]

July has been a busy month for Algebrik AI. The provider of a cloud-native, artificial intelligence-powered, digital-era loan origination suite not only finalized two more partnerships, Algebrik AI also landed the work for a Michigan credit union that’s been in ... [Read More]

Dylan Bullock serves as general sales manager at Grapevine Dodge, which is part of Texas-based Keating Auto Group that operates more than 30 stores in the Lone Star State. During an online conference call on Monday organized by Capital One ... [Read More]

Perhaps it’s one of the most consistent trends in all of auto finance nowadays. It’s the continued adoption of digitized contracting and documentation workflows by auto retailers and their lending partners. That’s the main conclusion from analysis by Wolters Kluwer ... [Read More]

President Trump signing the One Big Beautiful Bill into law during Fourth of July not only slashed the annual budget of the Consumer Financial Protection Bureau, but it might also have helped consumers at tax time depending on what vehicle ... [Read More]

Santander Consumer USA wants to help more dealers reach potential buyers who need financing to complete delivery, so the company launched Drive Together, a digital retail tool and expansion of Santander’s Drive offering. According to a news release, the enhancement ... [Read More]

Affordability is the top reason consumers are leasing vehicles. That assertion surfaced from a new Credit Union Leasing of America (CULA) survey of consumers at the beginning and at the end of their leases, with the majority saying they would ... [Read More]

NETSOL Technologies tapped another former leader with a European automaker to help guide the provider of artificial intelligence-powered solutions and services enabling OEMs, dealerships and financial institutions to sell, finance and lease assets Appointed to the company’s board of directors ... [Read More]

With Kacy Daugherty now serving as chief operating officer and additional new hires in place, FlexPath DXP is accelerating its market expansion with VeriQual, following a fully subscribed funding round. According to a news release, the funding round, backed by ... [Read More]