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]
Cover Genius enters BNPL space with Zip partnership
Sunday, Aug. 7, 2022, 08:38 PM
Auto Fin Journal Staff
Cover Genius found a new path to an industry relationship last week. A leading insurtech for embedded insurance and a 2020 Emerging 8 honoree announced a partnership with Zip, a global buy now, pay later (BNPL) player, to offer customers ... [Read More]
TD Bank finalizes financing partnership with Lease End
Sunday, Aug. 7, 2022, 08:35 PM
Auto Fin Journal Staff
Last week, Lease End, a leading online platform empowering consumers to take control of their end-of-lease options, announced a new financing partnership with TD Bank. According to a news release, the partnership will scale Lease End’s digital financing options and ... [Read More]
OPN to power NABC instant payment solution
Sunday, Aug. 7, 2022, 08:34 PM
Auto Fin Journal Staff
The industry continues to strive toward making payments instantaneous. Open Payment Network (OPN) and North American Banking Co. (NABC) recently announced the capability to deliver instant payments to and from any financial institution on The Clearing House’s Real Time Payment ... [Read More]
CULA expands base of credit unions & leasing by adding Affinity FCU
Wednesday, Aug. 3, 2022, 04:53 PM
Auto Fin Journal Staff
More than 35 credit unions already use the platform fueled by Credit Union Leasing of America (CULA), and the service provider grew its client base this week by adding Affinity Federal Credit Union. Initially, Affinity plans to offer this leasing ... [Read More]
Dealers leverage Solera Auto Finance’s rewards to trim DMS costs
Wednesday, Aug. 3, 2022, 04:51 PM
Auto Fin Journal Staff
According to a news release a pair of independent dealerships in the Southeast are among the stores already seeing the advantages of using Solera Auto Finance (SAF) after receiving rebate checks as part of the finance company’s rewards program. Drive ... [Read More]
Blinker lands capital raise & licensing agreement from Flagship Credit Acceptance
Wednesday, Aug. 3, 2022, 04:49 PM
Auto Fin Journal Staff
Blinker and Flagship Credit Acceptance now are collaborating to leverage their collective resources to gain more share within auto financing. The automotive e-commerce technology and services company and auto-finance provider managed by funds controlled by Perella Weinberg Partners Capital Management ... [Read More]
Executive with roots in SC to lead iLending’s growing office
Monday, Aug. 1, 2022, 02:56 PM
Auto Fin Journal Staff
Refinancing firm iLending recently announced that Jason Oswald has been named director of sales at the company’s office in Columbia, S.C. In this role, Oswald will be responsible for all sales functions for the company’s growing office in South Carolina’s ... [Read More]
Origence & Informed.IQ partner to speed funding for credit unions and dealers
Monday, Aug. 1, 2022, 02:54 PM
Auto Fin Journal Staff
Origence is amid a string of records associated with auto financing and credit unions, and it appears the company wants to remain on that path through leveraging a partnership with Informed.IQ, a provider of artificial intelligence-based software to financial institutions ... [Read More]
X