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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
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

Nordis Technologies gains US patent for customer communications management platform

Solutions by Text secures $110M led by Edison & StepStone
Auto Fin Journal Staff
Nordis Technologies, which provides omnichannel customer communications management and payments technology solutions, has been granted approval for an extension of a U.S. patent for its Expresso CCM system. The company said the patent was approved for two additional inventions. The ... [Read More]

NETSOL attains SOC 2 Type 2 Compliance certification

compliance
Auto Fin Journal Staff
NETSOL Technologies said Wednesday that it has successfully achieved SOC 2 Type 2 compliance, with a global audit conducted by A-LIGN, a technology-enabled security and compliance partner trusted by more than 2,500 global organizations to help mitigate cybersecurity risks. Previously, ... [Read More]

TransUnion offers additional insight about credit union members

credit union
Auto Fin Journal Staff
Here are more insights about how credit unions members are doing financially nowadays. The Q2 Credit Union Market Perspectives Report from TransUnion showed that stubbornly high inflation continues to put pressure on the monthly budgets of consumers, credit union members ... [Read More]

Informed.IQ now available via AWS Marketplace

Auto Fin Journal Staff
Last week, Informed.IQ announced general availability of its platform in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that can make it easy to find, test, buy, and deploy software that runs on Amazon ... [Read More]

Expanded in-vehicle capabilities from Mercedes-Benz Financial Services

Auto Fin Journal Staff
Mercedes-Benz Financial Services USA wants to be involved in more than just vehicle leases and retail installment sales contracts. The captive now offers Mercedes Pay, which is designed to turn the vehicle into a payment device. The newly released in-car ... [Read More]

Lightico acquires Vizolution as demand for digital customer completion intensifies

Auto Fin Journal Staff
Lightico reinforced its capabilities on Monday by bringing a European company into its portfolio. The provider of technology to facilitate digital customer interactions announced the acquisition of Vizolution in a move meant to position the joint company to be a ... [Read More]

Inovatec names former RBC Auto Finance & CIBC exec as chief product officer

Auto Fin Journal Staff
Inovatec Systems made its third executive move so far this year. The company, a provider of cloud-based software solutions for finance companies in both the U.S. and Canada, announced last week it has appointed automotive lending veteran Paul Harder as ... [Read More]

Sunbit collaborates with TruVideo to expand service drive financing options

Auto Fin Journal Staff
For the second time in a week, Sunbit finalized a relationship with another service provider to help dealership customers afford vehicle repairs. On Wednesday, the point-of-sale lending technology provider announced an integration with TruVideo, a leader in video communication and ... [Read More]

Aura partners with eLEND Solutions to help dealers stop fraud

fraud prevention
Auto Fin Journal Staff
The fight against auto-finance fraud intensified Wednesday with the latest partnership among two service providers. Aura introduced a new partnership with eLEND Solutions aimed at reducing and mitigating fraud for dealerships and their customers. The partnership means dealers will have ... [Read More]

Tekion & Sunbit partner for more service drive payment options

Auto Fin Journal Staff
A partnership finalized this week involving Tekion and Sunbit could help dealerships in many ways, such as helping their customers pay for necessary vehicle repairs before they make Memorial Day weekend trips. Through this partnership, Sunbit’s point of sale lending ... [Read More]

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