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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

Report: Fintech revenues growing 4 times faster than banks

Auto Fin Journal Staff
It’s sure good to be a fintech nowadays. With many firms looking to move beyond payments to get into lending, investments and beyond, findings of the annual report authored by Boston Consulting Group (BCG) and FT Partners showed the world’s ... [Read More]

S&P Global Ratings ponders if Anthropic’s Mythos is ‘inflection point’ or ‘evolution’ of AI

Auto Fin Journal Staff
At the beginning of May, Federal Reserve vice chair Michelle Bowman acknowledged that Anthropic’s Mythos — an artificial intelligence model that identifies cyber vulnerabilities — created a significant stir in banking. This week, S&P Global Ratings released a report examining ... [Read More]

PODCAST: Why now is the time used-car leasing might gain sustained momentum

Auto Fin Journal Staff
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring. FlexPath DXP chief executive officer Tarry Shebesta draws on ... [Read More]

NLPC sees potentially $1M in annual value for dealers with streamlined loan payoff and lien release workflows

Auto Fin Journal Staff
Here’s another example of technology making the situation better for dealership operations, especially in connection with processes that can put grit in the gears of financing, delivery and back-office chores. The National Loan Payoff Clearinghouse (NLPC), powered by EPIC, released ... [Read More]

SelectFI now preferred vendor via The Shop by FordDirect

Auto Fin Journal Staff
Automotive lending technology platform SelectFI last week announced its official launch in The Shop by FordDirect, making SelectFI’s financing technology available to Ford and Lincoln dealers across the United States. Following year-long vetting process and a pilot program at multiple ... [Read More]

Alfa Recon leverages AI to strengthen data migration

Auto Fin Journal Staff
Alfa, provider of Alfa Systems, strengthened its data migration toolbox last week with the launch of Alfa Recon, a new artificial intelligence-enabled reconciliation module. Designed to help customers migrate legacy data and acquired portfolios to Alfa Systems more quickly, more ... [Read More]

Brother promotes brother at Nordis Technologies

Auto Fin Journal Staff
Executive changes at Nordis Technologies that began in February continued on Wednesday; this time with a significant family connection. The provider of omnichannel customer communications management and payments technology solutions promoted Lee Selinger to the new position of vice president ... [Read More]

Building on three-year partnership, Bain invests in OpenAI Deployment Company

Bain Survey: Few Companies Ready for Sustainability Rules (24%)
Auto Fin Journal Staff
Bain & Company today announced an investment in the Deployment Company, a new venture launched by OpenAI with 19 global partners. According to a news release, the OpenAI Deployment Company is built to help businesses deploy artificial intelligence across their ... [Read More]

Onbe elevates Hentschel to CEO

Auto Fin Journal Staff
Melissa Hentschel served as chief client officer of Onbe for three years. On Wednesday, Hentschel became chief executive officer, also joining the Onbe board of directors. The corporate payouts platform said Hentschel succeeds Bala Janakiraman, who is retiring after nearly ... [Read More]

4 more credit unions sign up with Auto Financial Group in Q1

Auto Fin Journal Staff
Auto Financial Group (AFG), one of the nation’s leading sources of residual based financing and vehicle remarketing for financial institutions, signed up four new credit unions to its program during the first quarter. Now using its Walk-Away Balloon Lending Program ... [Read More]

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