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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

Wolters Kluwer: Digital transformation makes notable move when compared to 2020

Wolters Kluwer: Digital transformation makes notable move when compared to 2020
Auto Fin Journal Staff
Wolters Kluwer announced third quarter results and analysis from its Auto Finance Digital Transformation Index this week. The project tracks the rate at which auto dealers, service providers and finance companies are seeing growth in the evolution from paper-based finance ... [Read More]

Free white paper from Nordis Technologies offers path to improve consumer billing & payments

Nordis Technologies
Auto Fin Journal Staff
The focal point of a new, free white paper from Nordis Technologies claimed that cloud applications for personalizing consumer billing and payment experiences can make a big difference in whether auto finance companies get paid and keep contracts current. Authors ... [Read More]

7 more credit unions to use GrooveCar Direct vehicle shopping & financing platform

credit union
Auto Fin Journal Staff
GrooveCar Direct, which offers credit unions their own, white-labeled vehicle shopping platform, recently announced seven new partnerships. The credit unions now using this technology are: —El Monte Community Credit Union, based in El Monte, Calif., with assets of $34 million ... [Read More]

Invesco Advisers study dissects impact AI now has on investors

Invesco Advisers study dissects impact AI now has on investors
Auto Fin Journal Staff
Investors not only are pushing resources into fintechs fueled by artificial intelligence. They’re now using AI more often to make their financial decisions with the expectation the usage will intensify. Those assertions and more surfaced on Monday when Invesco Advisers ... [Read More]

Auto finance ‘never boring’ for NMAC’s Cullum, the 2023 Executive of the Year

Auto Finance
Nick Zulovich, Senior Editor
Kevin Cullum grew up in a suburb of Kansas City, Mo. An internship during his senior year of college at the University of Central Missouri began a career in auto finance that took Cullum to a multitude of places, beginning ... [Read More]

Westlake to leverage Onbe’s digital refund platform

AutoPayPlus offers free F&I reporting tool by VisionAST
Auto Fin Journal Staff
This week, Onbe launched a digital-first consumer refund program with Westlake Financial. According to a news release, Westlake has replaced its check-based refund program with Onbe’s payouts gateway, providing instant payments to recipients while eliminating internal program and labor costs. ... [Read More]

Banks question proposed CFPB rule over personal financial data rights

Experian: Bank data boosts loan approvals
Auto Fin Journal Staff
The active period at the Consumer Financial Protection Bureau continued on Thursday, as the CFPB proposed a rule that the regulator said would accelerate a shift toward open banking, where consumers would have control over data about their financial lives ... [Read More]

Shebesta again selected to be NVLA president

Tarry Shebesta at AIS_0
Auto Remarketing Staff
The National Vehicle Leasing Association (NVLA) recently elected Automobile Consumer Services CEO Tarry Shebesta as its president for the 2024-2025 term. During its annual conference in Austin, Texas, Shebesta became the only NVLA member ever elected to a second term ... [Read More]

Alfa plans deployment of software platform’s sixth iteration

Alfa deploys first of six upcoming releases of software platform
Auto Fin Journal Staff
Last week, Alfa announced plans for the upcoming launch of Alfa Systems 6, what it’s calling a “breakthrough iteration” of its software platform. Delivered in a series of releases over the coming year, the company highlighted Alfa Systems 6 introduces ... [Read More]

Newest eLEND Solutions dealer survey sheds light on top obstacle to deal & pricing clarity

Auto Fin Journal Staff
Think of how many times the phrase “trust me” surfaces in a conversation or message exchange with family, friends, or business contacts. Experts at eLEND Solutions examined that premise for its latest research project and discovered a significant trust and ... [Read More]

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