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SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

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]

CULA footprint for vehicle leasing at credit unions grows to 35 states

Auto Fin Journal Staff
Credit Union Leasing of America (CULA) now supports vehicle leasing in 35 states through more than 40 credit union partners thanks to the newest partnership announced on Wednesday. CULA is now working with Frontier Community Credit Union, a Kansas-based credit ... [Read More]

Alfa broadens SaaS offerings to support complex commercial loan portfolios

Auto Fin Journal Staff
This week, Alfa announced the expansion of Alfa Systems, its SaaS platform for equipment and automotive finance, to support commercial loan operations. Already adopted by several commercial loan providers, the company highlighted Alfa Systems can bring together originations, servicing, payments, ... [Read More]

Launcher Solutions streamlines income and employment verification via Experian collaboration

LCT teams with AKUVO to streamline loan refunds
Auto Fin Journal Staff
Launcher Solutions announced a collaboration with Experian on Tuesday. The provider of loan origination technology for automotive and consumer lenders is integrating Experian Verify directly within the appTRAKER Loan Origination Platform, enabling real-time income and employment verification. According to a ... [Read More]

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