Getaround trims 10% of workforce & other costs in hopes of saving as much as $30M annually
Monday, Feb. 6, 2023, 03:24 PM
Auto Fin Journal Staff
A variety of tech-driven companies have had to trim their workforces recently, and Getaround announced its decision last week. In an effort to streamline operations and reduce costs to achieve a leaner path to profitability, the connected carsharing marketplace made ... [Read More]
Inovatec achieves SOC information security certification
Monday, Feb. 6, 2023, 03:23 PM
Auto Fin Journal Staff
Inovatec Systems is making sure its operations are secure for clients in multiple countries. The provider of cloud-based software solutions for auto finance companies in the U.S. and Canada announced last week that it has successfully completed all SOC certification ... [Read More]
NETSOL extends partnership with Amazon Web Services, becomes API gateway delivery partner
Monday, Feb. 6, 2023, 03:20 PM
Auto Fin Journal Staff
NETSOL Technologies announced last week that it has become an API gateway delivery partner with Amazon Web Services (AWS). With this extended APN partnership, the global business services and enterprise application solutions provider said it will have access to AWS ... [Read More]
2 Upstart enhancements aimed to bring fully digital auto retail experience
Wednesday, Feb. 1, 2023, 04:32 PM
Auto Fin Journal Staff
Upstart recently added two new applications to its auto retail platform. The artificial intelligence (AI) lending marketplace boosted Digital Finance and Online Sales in an effort to offer dealerships a seamless online to in-store vehicle-buying experience, from search to signing. ... [Read More]
Wolters Kluwer index highlights additional digital asset & workflow adoption for auto and securitization markets
Wednesday, Feb. 1, 2023, 04:30 PM
Auto Fin Journal Staff
Wolters Kluwer recently announced fourth quarter and end-of-year results and analysis from its Auto Finance Digital Transformation Index, a resource designed to track the rate at which auto dealers, service providers and finance companies are seeing growth in the evolution ... [Read More]
defi SOLUTIONS expands servicing capabilities
Monday, Jan. 30, 2023, 06:33 PM
Auto Fin Journal Staff
Amidst all of the industry events in its vicinity, Texas-based defi SOLUTIONS announced an expansion of defi SERVICING features and product roadmap last week. The provider of defi SERVICING and defi ORIGINATIONS (software-as-a-service) and defi MANAGED SERVICING (servicing outsourced) said ... [Read More]
SCUSA chooses Jotanovic to be president of Chrysler Capital and Auto Relationships
Monday, Jan. 30, 2023, 06:31 PM
Auto Fin Journal Staff
More executive changes at Santander Consumer USA became public last week, as the finance company announced that Betty Jotanovic will assume the role of president of Chrysler Capital and Auto Relationships According to a news release, Jotanovic will be reporting ... [Read More]
Dealer Pay broadens solutions for convenience & compliance
Monday, Jan. 23, 2023, 04:35 PM
Auto Fin Journal Staff
Dealer Pay understands that funds are taken from customers at multiple locations with a single dealership. For more than two decades, Dealer Pay has provided payment acceptance and point-of-sale (POS) solutions, exclusively to dealerships, and now the company has additional ... [Read More]
Parry makes moves with TruDecision & Leasly
Monday, Jan. 23, 2023, 04:33 PM
Auto Fin Journal Staff
Last week was another notable one for industry veteran Daniel Parry. His company, TruDecision, announced the launch of its credit attribute engine TruDec AE that can integrate application, contract structure, credit bureau and alternative data to provide finance the “next ... [Read More]
5 capabilities of RouteOne’s newest tool
Monday, Jan. 23, 2023, 04:31 PM
Auto Fin Journal Staff
RouteOne highlighted five capabilities of the new dealership F&I tool it rolled out last week. The company explained RouteOne Insights can provide users instant access to web-based data analytics that are fully customizable to a dealer’s unique processes and requirements. ... [Read More]
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