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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

Bain: Tech investment remains paramount despite intense disruption

Bain Screenshot for web
Auto Fin Journal Staff
New research from Bain & Company showed that while high-growth technology companies have been hit the hardest by recent market shifts, 77% of companies are expected to either increase their technology budgets in 2023 or keep it the same. Bain’s ... [Read More]

Alfa highlights new features of version 5.7

Alfa Screenshot for web
Auto Fin Journal Staff
This week, Alfa announced its latest software update with release 5.7 Alfa Systems, a software platform for asset finance. Alfa highlighted the latest release follows two years of new enhancements in key areas of the product, with new offerings in ... [Read More]

Fitch continues in acquisition mode with majority stake in dv01

merger and acqusition red greeen and white
Auto Fin Journal Staff
On Tuesday, Fitch Group announced an agreement to acquire a majority stake in dv01, a data and analytics provider to the structured finance market. According to a news release, dv01 will operate as a subsidiary of Fitch Solutions, one of ... [Read More]

Getaround & GO partner to roll out carsharing host incentives

getaround and go Screenshot
Auto Fin Journal Staff
Incentives might not be as robust now at dealerships to deliver used and new vehicles. But in at least one place, financial incentives are growing in the vehicle subscription market. On Tuesday, Getaround, a digital peer-to-peer carsharing marketplace, announced a ... [Read More]

iLending tops $3B in auto refinancing

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Auto Fin Journal Staff
This month has included a significant milestone for iLending and its auto refinancing endeavors. After hitting the $1 billion mark in September 2018 and $2 billion last July, iLending recently discovered that it now has surpassed $3 billion in refinanced ... [Read More]

JM&A Group tailors new F&I product for used EVs

evplus-protect for web
Auto Fin Journal Staff
Last week, JM&A Group enhanced its F&I product offering with the introduction of EV+ Protect. JM&A Group highlighted EV+ Protect represents an expanded suite of products tailored specifically to meet the nuanced needs of electric vehicle owners, while introducing the ... [Read More]

Inovatec & TruDecision collaborate to boost portfolio performance

partnership
Auto Fin Journal Staff
Inovatec Systems and TruDecision now are working together for clients in both Canada and the United States. The provider cloud-based software solutions for finance companies recently announced it has reached an agreement with the developer of artificial intelligence and machine ... [Read More]

Solera partners with DigniFi for vehicle repair financing

diagnostics
Auto Fin Journal Staff
Solera Holdings and DigniFi want to ensure customers within a dealership’s service drive have the necessary financial resources to cover vehicle repairs. On Tuesday, the vehicle lifecycle management company announced a strategic partnership with the fintech platform, as Solera will ... [Read More]

Bridgecrest rolls out GoFi to create digital-first platform

AI like image
Auto Fin Journal Staff
Just before Labor Day weekend, Bridgecrest, one of the country’s leading digital financial services providers, announced the launch of its newest affiliate, GoFi, an artificial intelligence-enabled, digital-first financing platform. Leveraging Bridgecrest’s robust auto financing experience, GoFi is focused on offering ... [Read More]

Bank survey: 45% of institutions rely on outdated technology

Bank Director screen shot for web
Auto Fin Journal Staff
Bank Director’s 2022 Technology Survey, sponsored by CDW, delved into the technology concerns and challenges bank senior executives and board members face, and where they’ve been investing their resources. And survey results showed that competitive pressures continue to alter the ... [Read More]

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