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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

AutoFi & SCUSA extend partnership with ‘transaction ready’ tool set to deploy

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Auto Fin Journal Staff
AutoFi announced on Wednesday that it has extended its partnership with Santander Consumer USA, bringing to market digital products that are geared to “meaningfully improve” the ability for consumers and dealers to interact with the finance company and simplify the ... [Read More]

With growth in mind, TurboPass picks Kassem to be CTO

board-room
Auto Fin Journal Staff
In an effort to handle “explosive growth,” TurboPass announced the hiring of Zahid Kassem as chief product/technology officer on Tuesday TurboPass, an Emerging 8 honoree that offers an electronic multi-verification solution for credit, fraud and compliance, has increased its user ... [Read More]

CarMax unveils online pre-qualification path to financing

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Auto Fin Journal Staff
Experian determined that 40.45% of used vehicles retailed during the third quarter of last year included financing. To make sure that potential buyers who might fall into that category have plenty of options, CarMax on Tuesday nationally launched pre-qualification capability ... [Read More]

EchoPark partners with Matic to offer car insurance options to online vehicle shoppers

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Auto Fin Journal Staff
Perhaps reflecting what Polly discovered about car insurance availability at dealerships, EchoPark made a move in that space on Tuesday. The Sonic Automotive division focused on retailing used vehicles announced a long-term partnership with Matic, a leading digital insurtech platform, to ... [Read More]

Securrency shifts Chakar from board member to CEO

executive boardroom
Auto Fin Journal Staff
Securrency, a developer of institutional-grade, blockchain-based financial and regulatory technology, recently announced Nadine Chakar joind the company and assumed the role of chief executive officer. The company highlighted Chakar’s leadership will combine her deep financial services, technology and market experience ... [Read More]

Mendoza Ventures closes $100M early growth fund led by Bank of America

fintech investment
Auto Fin Journal Staff
Ahead of Martin Luther King Day, Mendoza Ventures said it has closed its third fund. The female- and Latinx-founded fintech, artificial intelligence and cybersecurity venture capital firm landed a $100 million fund that Mendoza Ventures said it will invest in ... [Read More]

Polly study: 72% of recent buyers would like to get car insurance at dealership

dealership and couple
Auto Fin Journal Staff
Here’s more evidence of why the “I” in your dealership F&I department could be more important than ever. Polly released an in-depth study Thursday focused on shopper expectations about insurance. The embedded insurance marketplace for automotive retail found 72% of ... [Read More]

PREMIUM PODCAST: 4 top executives discuss future of auto financing

Auto finance panel at UCW 2022
Auto Fin Journal Staff
As an added benefit for Cherokee Media Group Premium Members, we are offering special episodes of the Auto Remarketing Podcasts featuring general sessions from Used Car Week in November. Our next special episode features a panel discussion from Auto Fin ... [Read More]

S&P Global enhances risk management capabilities by acquiring TruSight Solutions

merger and acqusition red greeen and white
Auto Fin Journal Staff
On Monday, S&P Global announced the acquisition of TruSight Solutions, a provider of third-party vendor risk assessments. Executives highlighted through a news release that the acquisition will combine with KY3P by S&P Global and integrate into the Market Intelligence division. ... [Read More]

Kentucky-based credit union to leverage Jack Henry’s open platform

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Auto Fin Journal Staff
In effort to boost auto financing and other services for members, Kentucky-based L&N Federal Credit Union selected Jack Henry’s Symitar platform to support its growth goals. Jack Henry said through a news release that the credit union recognized the need ... [Read More]

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