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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

Vero Technologies raises $8.5M for platform to help banks generate more wholesale financing

Agora Data gains $400M in funding capacity
Auto Fin Journal Staff
Vero Technologies, a wholesale financing technology and loan servicing platform, announced the close of its $8.5 million Series A funding round on Wednesday. Led by venture capital fund BankTech Ventures, Vero said it also received significant investment from Sopra Steria ... [Read More]

PODCAST: TransUnion on daily fraud exposure within auto

Auto Fin Journal Staff
TransUnion recently discovered that the auto industry is exposed to synthetic identity fraud at a clip of nearly $1 million per day. During this episode of the Auto Remarketing Podcast, TransUnion vice president of fraud and identity solutions Jason Lord ... [Read More]

PODCAST: What happened over the summer on the fraud front

Auto Fin Journal Staff
Point Predictive chief fraud strategist Frank McKenna returned for his regular visit on the Auto Remarketing Podcast and recapped some of the most notable developments connected to fraud that happened over the summer. McKenna also touched on how much artificial ... [Read More]

Northeast Credit Union taps CULA for indirect vehicle leasing

car leasing_0
Auto Fin Journal Staff
Northeast Credit Union recently selected Credit Union Leasing of America (CULA) to bring its indirect vehicle leasing program to credit union members in New Hampshire and Maine. With this partnership, the Portsmouth, N.H.-based institution that has more than $2 billion ... [Read More]

Survey: Dealers & OEMs have chance to build lasting loyalty via timely payouts

Auto Fin Journal Staff
Onbe, a corporate disbursements platform that is involved with test drive incentives, auto rebates and settlement payments, recently released the findings from its Summer 2023 Auto Survey. The survey polled 732 vehicles shoppers, aiming to better understand their preferences when ... [Read More]

Accelerate2Compliance forms partnership with Privacy4Cars

Auto Fin Journal Staff
Accelerate2Compliance (A2C) reinforced its Federal Trade Commission compliance solutions for automotive dealerships to help protect from the risks associated with cyber security attacks, personal information leaks, and non-compliance penalties. A2C did this by launching a strategic partnership with Privacy4Cars and ... [Read More]

Access Capital upgrades to Solifi’s SaaS asset-based lending solution

cloud computing picture
Auto Fin Journal Staff
Access Capital, a privately owned asset-based lending firm based in New York, last week upgraded from its on-premise system to Solifi ABL on Open Finance Platform. In addition to upgrading to the newest version, a news release indicated Access Capital ... [Read More]

Bloomberg brings alternative data into company evaluations

iA Financial backs AutoCanada's F&I; acquires used car stake
Auto Fin Journal Staff
Alternative data isn’t just for evaluating consumers during the underwriting process. It’s now being used to evaluate entire companies, too. Last week, Bloomberg announced the introduction of a new alternative data function — ALTD <GO> — on the Bloomberg terminal. ... [Read More]

Finastra makes LaserPro available in the cloud

cloud computing
Auto Fin Journal Staff
Finastra announced on Wednesday that LaserPro — its loan document preparation system used by more than 2,500 financial institutions — is now available in the cloud. Finastra highlighted this strategic launch of LaserPro in the cloud is geared to streamline ... [Read More]

PaymentVision rolls out campaign focused on cash

car and money 1406114906
Auto Fin Journal Staff
PaymentVision doesn’t want businesses of all stripes to forget that sometimes consumers still want to pay their bills with cash. The payment processing solutions provider launched a campaign urging billers across industries to embrace the importance of consumer choice by ... [Read More]

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