Credit Union Leasing of America (CULA) recently recorded its best month ever, generating the highest single month of originations in its more than 30-year history. The company that processes indirect vehicle leasing for credit unions booked more than $150 million ... [Read More]

Earlier this month, Capital One and Oxx were among the investors to inject $13 million in funding into Lightico. Now the provider of the platform built so customers can interact digitally with auto-finance companies and other financial services firms is ... [Read More]

S&P Global and IHS Markit highlighted nine reasons why the definitive merger agreement they announced on Monday is going to be beneficial for stockholders and the clients that use their automotive and finance data. According to a news release, S&P ... [Read More]

When it comes to digital financing through dealerships and finance companies, the genie is out of the bottle. The toothpaste is out of the tube. Pick whatever analogy you want to use, as J.D. Power put it: customers “won’t go ... [Read More]

CU Direct recently integrated with DealerSocket’s CRM in an effort to boost performance for both credit unions and dealerships. As a result of the collaboration, CU Direct has expanded its CUDL auto financing platform’s DMS/CRM integration solution to include DealerSocket. ... [Read More]

FIS and Reynolds and Reynolds now are working together through a multi-year agreement the companies recently finalized to help dealerships with accounting chores and more. According to a news release, FIS has been selected as the exclusive payments provider for ... [Read More]

One of last year’s Women in Auto Finance honorees received an executive promotion this week. Equifax named Lena Bourgeois as automotive general manager, responsible for driving customer value and accelerating company growth in the automotive market. The company highlighted Bourgeois ... [Read More]

Should federal regulators give the same approvals both company boards already have, PNC Bank is set to become the fifth-largest bank in the U.S. based on assets and deposits. On Monday morning, PNC Financial Services Group and the Spanish financial ... [Read More]

Connected vehicles are giving LexisNexis Risk Solutions the path to provide more information to its clients, which can be crucial when a total-loss claim is in motion. The provider of data, analytics and technology for insurance recently announced the inclusion ... [Read More]

Xtime is continuing to make inroads to help dealerships work with their service-drive customers who might need assistance in paying for vehicle repairs — especially as pandemic impact lingers. The software service solution now is collaborating with Sunbit, the technology ... [Read More]