J.D. Power: Customer retention more critical than ever in auto finance
Monday, Nov. 28, 2022, 04:28 PM
Auto Fin Journal Staff
According to the J.D. Power 2022 U.S. Consumer Financing Satisfaction Study, customer retention has become a key focal point for auto finance providers, putting the spotlight on specific actions credit providers can take to drive increased loyalty and brand advocacy. ... [Read More]
PODCAST: Tips to spot fraud going into holiday season
Monday, Nov. 21, 2022, 05:06 PM
Auto Fin Journal Staff
The monthly installment of the Auto Remarketing Podcast dedicated to fraud prevention was recorded in person during Used Car Week in San Diego where Point Predictive is headquartered. Chief fraud strategist Frank McKenna shared some recommendations for dealerships and finance ... [Read More]
U.S. Bank now part of Open Invention Network
Monday, Nov. 21, 2022, 05:00 PM
Auto Fin Journal Staff
Open Invention Network (OIN), the organization formed to safeguard open source software (OSS), announced last week that U.S. Bank has joined as a community member. U.S. Bank is one of the largest regional banks in the United States by assets. ... [Read More]
CU Direct reveals name change
Monday, Nov. 21, 2022, 04:57 PM
Auto Fin Journal Staff
CU Direct has a new name. Last week, the provider of financial technology solutions for credit unions announced it will rebrand the company as Origence, reflecting its vision to create the “ultimate origination experience and help credit unions win in ... [Read More]
NETSOL launches cloud-based calculation engine
Wednesday, Nov. 9, 2022, 04:47 PM
Auto Fin Journal Staff
NETSOL Technologies, a global business services and enterprise application solutions provider, recently launched its latest product offering called Flex, which is an API-based, ready-to-use calculation engine designed to guarantee precise calculations at all stages of the contract lifecycle through various ... [Read More]
Honda picks Upstart Auto Retail as a digital retailing partner
Wednesday, Nov. 2, 2022, 03:01 PM
Auto Fin Journal Staff
Upstart, a leading artificial intelligence lending marketplace, recently announced that Upstart Auto Retail is now certified as a Honda Digital Solutions (HDS) partner. As an HDS Digital Retailing solution, Upstart Auto Retail’s modern vehicle buying software is now available to ... [Read More]
Credit unions originate record $62.1B in Q3 via Origence
Wednesday, Nov. 2, 2022, 02:55 PM
Auto Fin Journal Staff
Origence and credit unions are on quite a roll with auto financing. For the third consecutive quarter in 2022 and for the fourth straight quarter overall, Origence said it has delivered a record amount in credit union auto finance contracts ... [Read More]
AFG integrates with MeridianLink to streamline Balloon Lending Program
Wednesday, Nov. 2, 2022, 02:53 PM
Auto Fin Journal Staff
Auto Financial Group (AFG), announced on Tuesday that it has signed an integration agreement with MeridianLink, which provides software platforms for financial institutions and consumer reporting agencies. AFG said this partnership further reinforces its mission to pursue innovative solutions that ... [Read More]
Lendbuzz fueled by another credit facility from J.P. Morgan
Wednesday, Nov. 2, 2022, 02:31 PM
Auto Fin Journal Staff
Lendbuzz began November by announcing that it closed a $150 million credit facility with J.P. Morgan. The growing fintech company making headway in the auto financing market using artificial intelligence and machine learning algorithms said this is the second credit ... [Read More]
New Point Predictive solution to help finance companies vet dealers to curb fraud
Monday, Oct. 31, 2022, 03:50 PM
Auto Fin Journal Staff
A recent dealer survey by eLEND Solutions showed how much stores feel exposed to fraud. Last week, Point Predictive launched a solution to address that specific challenge and more with a tool to help finance companies vet dealerships based on ... [Read More]
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