PODCAST: Another visit with GM Financial’s Kyle Birch
Wednesday, Mar. 11, 2020, 03:01 PM
Auto Fin Journal Staff
For the third consecutive year, Nick Zulovich connected with now GM Financial North America operations president Kyle Birch for an episode of the podcast recorded during the Vehicle Finance Conference hosted by the American Financial Services Association. In a conversation conducted ... [Read More]
KPMG gains US patent for blockchain application that increases trust in AI data management practices
Monday, Mar. 9, 2020, 04:34 PM
Auto Fin Journal Staff
The U.S. Patent and Trademark Office recently granted a patent to KPMG for a blockchain-based method that can improve the selection, curation and management of data used to train machine learning and artificial intelligence (AI) models. The company highlighted KPMG’s ... [Read More]
3 primary findings from LexisNexis Risk Solutions Cybercrime Report
Wednesday, Mar. 4, 2020, 04:52 PM
Auto Fin Journal Staff
On Wednesday, LexisNexis Risk Solutions highlighted three primary findings from its Cybercrime Report covering activities from July through December of last year. The company indicated the findings crystalize how fraud has increasingly become borderless on a global scale. As the ... [Read More]
White Clarke Group names Ross as new CTO
Monday, Mar. 2, 2020, 03:32 PM
Auto Fin Journal Staff
White Clarke Group recently welcomed Wayne Ross as its chief technical officer. With 25 years of experience in engineering, technology development and business management, the company said in a news release that Ross will be working with White Clark Group’s ... [Read More]
GuardKnox taps former Ford & Bosch exec to oversee new Detroit subsidiary
Tuesday, Feb. 25, 2020, 05:54 PM
Auto Fin Journal Staff
Fueled in part by resources from operations like Fraser McCombs Capital, an investment firm in the auto technology and mobility space, GuardKnox is in growth mode. Asserting itself as the automotive industry’s first global cybertech tier supplier of secure, service-oriented, ... [Read More]
Digital Motors adds Autotech Ventures as a lead investor
Thursday, Feb. 20, 2020, 05:23 PM
Auto Fin Journal Staff
Digital Motors, which provides dealers a digital retail and fintech platform to enable online transactions, now has Autotech Ventures as a lead investor, as the comapny announced its first external funding round. Autotech Ventures, based in Silicon Valley, is one ... [Read More]
Market Scan and Tekion partner to boost automotive retail desking
Wednesday, Feb. 19, 2020, 07:40 PM
Auto Fin Journal Staff
Market Scan Information Systems recently expanded its collection of industry partnerships. The automotive solutions and data provider announced it has teamed up with Tekion, a cloud-native dealer management system. Through the partnership, Tekion’s Sales module will be powered with Market ... [Read More]
Toyota Financial Services issues fifth Green Bond
Wednesday, Feb. 19, 2020, 07:36 PM
Auto Fin Journal Staff
Green certainly can have multiple meanings at Toyota Financial Services (TFS). The captive recently issued its latest unsecured Green Bond, reinforcing the finance company’s commitment to the sale of environmentally friendly vehicles. Officials highlighted proceeds from the $750 million bond ... [Read More]
CalAmp’s LoJack highlights additional subscription services for dealers and drivers
Wednesday, Feb. 19, 2020, 07:30 PM
Auto Fin Journal Staff
More stolen vehicle recovery (SVR) and innovative automotive services that dealers can offer are arriving nationwide this spring. LoJack, part of the fintech portfolio at CalAmp, recently announced the launch of the LoJack Connect family of subscription services. The company ... [Read More]
MotoRefi generates $8.6M Series A Funding from more than 5 sources
Wednesday, Feb. 19, 2020, 07:28 PM
Auto Fin Journal Staff
MotoRefi, which strives to save vehicle owners money with a refinanced installment contract, now has quite a bit of funding to expand its business. Last week, the fintech company that says it can save contract holders an average of $100 ... [Read More]