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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
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

CULA breaks annual origination record, generating $2.7B in vehicle leases

CULA execs for web
Auto Fin Journal Staff
Credit Union Leasing of America (CULA) set a new record in 2022 for originations with $2.7 billion in leases, surpassing its single year record of $2 billion set just a year earlier. According to a news release, the company originated ... [Read More]

2 new digital financing & fraud prevention tools from eLEND Solutions

Pete of eLEND for web
Auto Fin Journal Staff
Pete MacInnis, founder and CEO of eLEND Solutions, and his team rolled out a pair of new tools during NADA Show 2023 to help dealerships and finance companies. First, eLEND Solutions launched of DealMaker, a digital finance pre-desking platform. MacInnis ... [Read More]

PODCAST: Latest fraud trends with Point Predictive’s Frank McKenna

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Auto Fin Journal Staff
Among the episodes of the Auto Remarketing Podcast recorded during the 2023 Vehicle Finance Conference hosted by the American Financial Services Association, this one features Point Predictive chief fraud strategist Frank McKenna. Our monthly look at fraud trends within auto ... [Read More]

Getaround trims 10% of workforce & other costs in hopes of saving as much as $30M annually

getaround
Auto Fin Journal Staff
A variety of tech-driven companies have had to trim their workforces recently, and Getaround announced its decision last week. In an effort to streamline operations and reduce costs to achieve a leaner path to profitability, the connected carsharing marketplace made ... [Read More]

Inovatec achieves SOC information security certification

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Auto Fin Journal Staff
Inovatec Systems is making sure its operations are secure for clients in multiple countries. The provider of cloud-based software solutions for auto finance companies in the U.S. and Canada announced last week that it has successfully completed all SOC certification ... [Read More]

NETSOL extends partnership with Amazon Web Services, becomes API gateway delivery partner

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Auto Fin Journal Staff
NETSOL Technologies announced last week that it has become an API gateway delivery partner with Amazon Web Services (AWS). With this extended APN partnership, the global business services and enterprise application solutions provider said it will have access to AWS ... [Read More]

2 Upstart enhancements aimed to bring fully digital auto retail experience

Why auto finance is lagging in digital sphere
Auto Fin Journal Staff
Upstart recently added two new applications to its auto retail platform. The artificial intelligence (AI) lending marketplace boosted Digital Finance and Online Sales in an effort to offer dealerships a seamless online to in-store vehicle-buying experience, from search to signing. ... [Read More]

Wolters Kluwer index highlights additional digital asset & workflow adoption for auto and securitization markets

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Auto Fin Journal Staff
Wolters Kluwer recently announced fourth quarter and end-of-year results and analysis from its Auto Finance Digital Transformation Index, a resource designed to track the rate at which auto dealers, service providers and finance companies are seeing growth in the evolution ... [Read More]

defi SOLUTIONS expands servicing capabilities

cloud computing
Auto Fin Journal Staff
Amidst all of the industry events in its vicinity, Texas-based defi SOLUTIONS announced an expansion of defi SERVICING features and product roadmap last week. The provider of defi SERVICING and defi ORIGINATIONS (software-as-a-service) and defi MANAGED SERVICING (servicing outsourced) said ... [Read More]

SCUSA chooses Jotanovic to be president of Chrysler Capital and Auto Relationships

executive boardroom
Auto Fin Journal Staff
More executive changes at Santander Consumer USA became public last week, as the finance company announced that Betty Jotanovic will assume the role of president of Chrysler Capital and Auto Relationships According to a news release, Jotanovic will be reporting ... [Read More]

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