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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

Alfa rolls out 3rd whitepaper to complete series on AI & ML

artificial intelligence
Auto Fin Journal Staff
Alfa, provider of the asset finance software platform Alfa Systems, recently published the third and final paper in its thought leadership series, “AI in Equipment and Auto Finance.” The whitepaper titled, “Part 3: Moving Forward with Machine Learning” was produced ... [Read More]

Senators aim to create federal equivalent of CFPB to regulate consumer data

capitol hill
Auto Fin Journal Staff
A measure was recently introduced in the U.S. Senate that aims to create another agency on par with the Consumer Financial Protection Bureau but for regulatory oversight of data. Sen. Kirsten Gillibrand recently announced her renewed legislation — the Data ... [Read More]

J.D. Power creates dealership technologies division by acquiring Darwin Automotive

merger and acquisition pic on table
Auto Fin Journal Staff
One of this year’s Emerging 8 honorees now has new ownership. On Wednesday, J.D. Power announced it has acquired Superior Integrated Solutions/Darwin Automotive, a leading provider of F&I software used by dealerships. The company highlighted in a news release that ... [Read More]

3 new features for vehicle shoppers using Driveway

Lithia_Driveway_Combo_FINAL_Logo (1)_0
Auto Fin Journal Staff
Lithia Motors isn’t just buying franchised dealerships. The company also is investing in Driveway. On Tuesday, executives announced three new features powered by artificial intelligence now are live on driveway.com. Driveway’s upgraded shopping experience can enable customers to shop and ... [Read More]

Tekion gains integration with RouteOne

tekion routeone for web
Auto Remarketing Staff
Tekion recently finalized an integration with Dealertrack F&I. Now the automotive retail cloud platform has an integration with RouteOne, too. The service providers recently announced the integration of their automotive retailing platforms to better serve dealers and improve the digital ... [Read More]

McGlinchey welcomes former captive corporate counsel to national compliance team

Jason Bichsel for web
Auto Fin Journal Staff
McGlinchey Stafford recently added an experienced legal expert whose experience includes time with a luxury brand’s captive finance company. The firm recently welcomed Jason Bichsel to its national consumer financial services compliance practice group as a member (partner) associated with ... [Read More]

3 suggestions for handling cybercrime from 3 New York Fed economists

cloud computing
Auto Remarketing Staff
Using what a trio of economists from the Federal Reserve Bank of New York considered to be the most damaging cyberattack in history, they recently updated an in-depth examination of cybercrime while offering three suggestions that could benefit finance companies ... [Read More]

Mercedes-Benz shares initial details of data breach impacting about 1,000 customers

mercedes-benz vehicle for web
Auto Fin Journal Staff
A potential pitfall of digital retailing recently impacted a luxury automaker. And it might have stemmed from activity long before the pandemic arrived and pushed automakers and dealerships deep into the digital domain. According to a news release, a vendor ... [Read More]

Tekion & Dealertrack F&I integrate to streamline digital contracting

dealertrack tekion for web
Auto Fin Journal Staff
Service providers are continuing to respond to the challenge of meeting dealership demand to improve digital retailing capabilities their customers want. On Tuesday, Dealertrack F&I and Tekion today announced the launch of a new digital contracting integration between the two ... [Read More]

CULA expands leasing footprint in fertile Northeast

car leasing
Auto Fin Journal Staff
Experian reported that 46.29% of all new vehicles financed during the first quarter were attached to a lease. And a new partnership could help to raise that level in future quarters. Credit Union Leasing of America (CULA) further expanded its ... [Read More]

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