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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

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

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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

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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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