COMMENTARY: Two big reasons you need a dealer-centric digital document management solution
Wednesday, Apr. 2, 2025, 12:09 PM
Joseph Green, One View
The modern automotive dealership generates a staggering amount of paperwork. Dealerships handle a massive influx of sensitive data, from sales contracts and financing agreements to service records and warranty information. In an era where data security and operational efficiency are ... [Read More]
FlexPath DXP & Nabthat partner for ID verification & credit prequalification via dealer websites
Wednesday, Apr. 2, 2025, 11:45 AM
Auto Fin Journal Staff
FlexPath DXP, a provider of digital identity verification and credit prequalification, announced a strategic partnership on Wednesday with Nabthat, an automotive dealership website platform provider. The companies said this collaboration integrates FlexPath’s patent-pending VeriQual solution directly into Nabthat’s dealer websites ... [Read More]
Origence’s FI Connect finances $1 billion in Tesla deliveries during first year
Wednesday, Apr. 2, 2025, 11:45 AM
Auto Fin Journal Staff
The opportunity to finance the contract for a Tesla delivery has been beneficial for credit unions working with Origence. The credit union lending technology company announced on Wednesday that its subsidiary, FI Connect, funded $1 billion in Tesla deliveries in ... [Read More]
TransUnion: US data breach severity hits new high
Monday, Mar. 31, 2025, 01:01 PM
Auto Fin Journal Staff
Despite the volume of U.S. data breaches declining in 2024 from highs reached a year prior, experts said data breach severity reached levels never seen since TransUnion’s measurement began in 2020. These findings were revealed as part of TransUnion’s H1 ... [Read More]
Assurant Vehicle Care Technology Plus now includes smartphone repair benefits
Monday, Mar. 31, 2025, 01:01 PM
Auto Fin Journal Staff
Smartphones and cars seem to go together, so Assurant wants to help consumers protect both pieces of technology. Last week, the company announced the launch of Assurant Vehicle Care Technology Plus, a vehicle service contract (VSC) offering consumers protection for ... [Read More]
COMMENTARY: Why fraud is no longer preventing dealers & lenders access to private-seller inventory
Wednesday, Mar. 26, 2025, 11:53 AM
Brad Parker, DealNow.com
The auto industry has long been plagued by the persistent issue of fraud, especially with used vehicle transactions. For years, auto dealers and their lender partners have been hesitant to acquire used inventory directly from private sellers in the private ... [Read More]
NETSOL Technologies appoints VP of artificial intelligence
Wednesday, Mar. 26, 2025, 11:53 AM
Auto Fin Journal Staff
Revealed about a week after the launch of Transcend AI Labs that’s designed to empower automotive and equipment OEMs, dealerships and financiers with artificial intelligence-driven innovation, NETSOL Technologies appointed Dario Morelli as vice president of artificial intelligence. Based in the ... [Read More]
Experian launches another cashflow tool to enhance underwriting
Wednesday, Mar. 26, 2025, 11:52 AM
Auto Fin Journal Staff
Experian on Tuesday launched Cashflow Score in a move to help lenders more easily leverage consumer-permissioned transaction data The company highlighted this solution is its latest product that may be used to make underwriting decisions because it can provides up ... [Read More]
Lease End reviews over-mileage levels & equity gains
Tuesday, Mar. 25, 2025, 03:23 PM
Auto Fin Journal Staff
That vehicle might have higher mileage than often seen with a leased unit, but it might also still be in a positive equity position. That’s one of the themes highlighted in From Leased to Loved, the annual report generated by ... [Read More]
AFSA seeks clarity from IRS associated with proposed EV tax-credit rule changes
Monday, Mar. 24, 2025, 02:04 PM
Auto Fin Journal Staff
Evidently, lessors navigating through the complexities of federal tax credits when leasing electric vehicles is not as simple as it is to plug in the EV to recharge it. So, the American Financial Services sent a letter to the IRS ... [Read More]
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