NAC rolls out VSC exclusively for EVs
Wednesday, Aug. 24, 2022, 03:59 PM
Auto Fin Journal Staff
Growing adoption of EVs means more of those vehicles likely are flowing through your finance office. This week, National Auto Care announced the launch a vehicle service agreement, lifetime limited warranty and lifetime battery limited warranty, all developed exclusively for ... [Read More]
Digital Matrix Systems reaches 40 years in business
Wednesday, Aug. 24, 2022, 03:58 PM
Auto Fin Journal Staff
In 1982, Michael Jackson’s album, “Thriller,” was released and Digital Matrix Systems (DMS) opened for business. This week, the risk management solution provider announced its 40th anniversary as a provider of data-driven solutions to leading financial institutions and insurance companies. ... [Read More]
New FrogData tool built for data-driven decision making within everyday business operations
Wednesday, Aug. 24, 2022, 03:56 PM
Auto Fin Journal Staff
FrogData announced its new product this week during the Gartner Data & Analytics Summit 2022. The company launched FrogData Decision Analytics Platform (FDAP), which is designed to be an affordable, data-to-decisions analytics platform for use across large and mid-sized companies. ... [Read More]
Survey: Controlling cloud costs burden nearly 50% of businesses
Wednesday, Aug. 17, 2022, 03:34 PM
Auto Fin Journal Staff
Some finance companies might be seeing a part of their operational costs rising sky high, so to speak. According to a new report published on Wednesday by Anodot, nearly half of businesses — 49% to be exact — find it ... [Read More]
Solifi designs new SaaS pricing solution for any size finance company
Wednesday, Aug. 17, 2022, 03:27 PM
Auto Fin Journal Staff
This week, Solifi, a global fintech software partner for secured finance, announced the launch of its software-as-a-service (SaaS)-based lease and installment contract pricing solution for the U.S. equipment and automotive finance industries. The company said the SaaS version of Solifi’s ... [Read More]
VantageScore modifies credit score calculation to accommodate for medical debt changes
Monday, Aug. 15, 2022, 02:57 PM
Auto Fin Journal Staff
In a move that could impact auto financing, VantageScore recently announced further steps in supporting consumers affected by medical collection debt. VantageScore said through a news release that the company completed an extensive analysis of how consumer credit score models are ... [Read More]
PODCAST: LendBuzz co-founder and CEO on AI in underwriting & more
Monday, Aug. 15, 2022, 02:54 PM
Auto Fin Journal Staff
LendBuzz co-founder and chief executive officer Amitay Kalmar described the characteristics of artificial intelligence, machine learning and algorithms that intrigue him most during this episode of the Auto Remarketing Podcast. Then Kalmar explained what those elements now can do for ... [Read More]
2022 Women in Auto Finance honorees revealed
Wednesday, Aug. 10, 2022, 03:59 PM
Auto Fin Journal Staff
Continuing the Cherokee Media Group series of award programs that honor the most dedicated and talented professionals from throughout the used-car industry, we proudly showcase this year’s Women in Auto Finance, presented by DRN | MVTRAC. The 12 honorees specialize ... [Read More]
U.S. Bank broadens real-time payment solution for dealers
Wednesday, Aug. 10, 2022, 03:53 PM
Auto Fin Journal Staff
U.S. Bank announced this week that it now can provide funds to auto dealers instantly after the contract is finalized by the bank. Following a successful pilot completed in June, U.S. Bank said it already has enabled more than 800 ... [Read More]
Alfa continues whitepaper series with project focused on systems integration
Sunday, Aug. 7, 2022, 08:43 PM
Auto Fin Journal Staff
Alfa, the developer of Alfa Systems, recently released the third segment of its Innovation in Implementation whitepaper series. The enterprise software platform for providers of automotive, wholesale and equipment finance published a new whitepaper on best practices in systems integration. ... [Read More]
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