Last week, iLending promoted Nick Goraczkowski to be president after serving the auto refinance company as senior vice president and chief revenue officer for more than a decade. Goraczkowski takes over for Tom Holgate, who served as company president for ... [Read More]

Volvo retailers and Polestar Spaces now can take advantage of Dealertrack digital contracting across all lease and retail contracts through Volvo Car Financial Services (VCFS) and Polestar Financial Services (PFS). Dealertrack highlighted that connecting Volvo retailers and Polestar Spaces with ... [Read More]

The pandemic apparently created another health impact; this time on auto financing. Analysis by S&P Global Mobility and TransUnion revealed loyalty to automotive finance institutions eroded significantly during the pandemic whether customers were leasing or buying vehicles. Across new-vehicle leasing ... [Read More]

Informativ finalized a partnership with AutoFi this week with the goal being to save dealers time and potential errors. The companies are looking to accomplish this objective by pushing all the necessary information from the AutoFi credit application into the ... [Read More]

It’s likely your auto finance applicants and current customers are wary about fraud. The 2023 U.S. Identity and Fraud Report from Experian showed more than half of consumers feel they’re more of a target for fraud than a year ago. ... [Read More]

The investment world could generate quite an explosion with the amount of “dry powder” that’s available, according to Bain & Co. On Monday, the firm released its Private Equity Midyear Report 2023. Bain said that after four quarters of relative ... [Read More]

NETSOL Cloud Services, a provider of cloud-based solutions and a division of NETSOL Technologies, announced that it has been awarded the AWS Lambda Service Delivery designation by Amazon Web Services (AWS). The company highlighted this recognition acknowledges NETSOL Cloud Services’ ... [Read More]

Car IQ is compiling quite a fleet of relationships to spread the use of its payment technology. The company on Wednesday teamed up with Visa to enable vehicles to transact directly with Visa’s global ecosystem of merchants and banks, and ... [Read More]

Experts said credit scores are generally higher nowadays, but outstanding portfolios aren’t necessarily reflecting a financial health often seen with contracts connected to higher points on the credit spectrum. A new TransUnion study determined that median credit scores — aided ... [Read More]

Sometimes, finance companies literally are doing damage control when vehicles in their outstanding portfolio are involved in crashes, weather events or other incidents. On Wednesday, Solera Global Corp launched Intelligent Triage, a web browser-based tool the company said can eliminate ... [Read More]