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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

Report predicts 30% CAGR of AI in fintech market through 2028

artificial intelligence
Auto Fin Journal Staff
According to a new report published by UnivDatos Markets Insights, artificial intelligence in the fintech market is expected to grow at a compound annual growth rate (CAGR) of around 30% from 2022 through 2028. UnivDatos Markets Insights highlighted that its ... [Read More]

GM Financial to pay more than $3.5M to resolve Justice Department allegations

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Auto Fin Journal Staff
Complications involving leased vehicles landed GM Financial into actions taken by the Department of Justice. On Wednesday, the Justice Department announced that GM Financial has agreed to pay more than $3.5 million to resolve allegations that the captive violated the ... [Read More]

4 more Edmunds insights about $1,000 monthly payments

auto financing
Auto Fin Journal Staff
Edmunds drilled deeper into its third quarter auto finance data on Wednesday, looking closer at consumer who are making a monthly payment of more than $1,000. Analysts found four more intriguing trends, including … [Read More]

TurboPass PayStub Report now available nationwide

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Auto Fin Journal Staff
The TurboPass PayStub report rolled out nationally this week. According to a news release from TurboPass, dealerships in all 50 states now can experience faster funding, more down payments and fraud prevention on customers with payroll data. Internal TurboPass research ... [Read More]

Dominion DMS finalizes integration with Market Scan

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Auto Fin Journal Staff
Dominion DMS and Market Scan Information Systems now are working together. The partnership announced this week means Dominion DMS will integrate key data from Market Scan’s APaaS platform, enabling Dominion’s dealers to calculate payments with exact sales tax rates in ... [Read More]

FINRA approves DriveItAway’s corporate name & trading symbol change

John Possumato with EVs for web
Auto Fin Journal Staff
This week, DriveItAway Holdings announced that it has received confirmation from the Financial Industry Regulatory Agency (FINRA) that the pending company name change and trading symbol change request to DriveItAway Holdings and DWAY has been approved. Accordingly, in a development ... [Read More]

TMCC celebrating 40 years of financing

Toyota stock photo
Auto Fin Journal Staff
Toyota established Toyota Motor Credit Corp. (TMCC) in 1982, a time of bright neon clothes, video arcades, early personal computers, VCRs and lively pop music. A few months later, the first vehicle financed by the new captive actually was a ... [Read More]

TransUnion unveils tool to reduce losses from false positives during fraud detection process

fraud prevention
Auto Fin Journal Staff
Perhaps as frustrating to auto finance companies as fraud infiltrating its portfolio is an applicant that might be OK, but somehow tripped a trigger inadvertently, and the potential paper went into the electronic trash. To help limit the more than ... [Read More]

Tenet & Xcelerate Auto partner to offer new warranty options for EVs

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Auto Fin Journal Staff
More shops are collaborating to boost financing and ancillary products tailored specifically for electric vehicles. Tenet, a leading EV financing platform, announced a partnership this week with Xcelerate Auto, a financial technology company with an emphasis on electric vehicles, to ... [Read More]

4 upgrades to Solifi wholesale finance solution

auto financing
Auto Fin Journal Staff
Developments within financial technology nowadays aren’t just driven for consumers’ benefits. This week, Solifi announced the release of its latest version of Solifi Wholesale Finance SaaS solution, which includes several new automated features to better manage inventory audits, provide real-time ... [Read More]

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