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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

Latest Procon Analytics tool can centrally manage all GPS devices to enhance risk mitigation

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BHPH Report Staff
Auto finance companies and buy-here, pay-here dealers are seeking to adopt more advanced and scalable GPS systems for risk mitigation. But Procon Analytics acknowledged this trend brings the inefficient process of managing both new GPS systems plus old devices that use ... [Read More]

February bankruptcy filings show mixed moves

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BHPH Report Staff
The American Bankruptcy Institute highlighted that filings softened year-over-year in February but marked a sequential rise. According to data provided by Epiq Systems, ABI indicated total bankruptcy filings for February decreased 3 percent versus the same month last year. The ... [Read More]

PassTime highlights LTE Category M GPS device

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BHPH Report Staff
If lately you’ve noticed faster performance by your smartphone on Verizon’s mobile network, you might also be encouraged if your collateral is monitored by PassTime. GPS solutions provider PassTime recently highlighted its all-new TRAX 6 device, what the company said ... [Read More]

4 parts of Dealership Advantage Program from Vero and Allied Solutions

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BHPH Report Staff
Here is another example of service providers collaborating to provide independent dealerships with tools their competitors backed by automakers might have. Fidelis PPM announced on Thursday that its sister company Vero has partnered with financial services provider Allied Solutions to ... [Read More]

AGORA leverages Ignite Consulting Partners to create ‘Certified Seller Program’

partnership
BHPH Report Staff
AGORA, a Texas-based provider of technology solutions for the financial services industry including a platform for bulk portfolio transactions, recently finalized a partnership with Ignite Consulting Partners. The purpose of the collaboration is to provide increased transparency and security to ... [Read More]

IRS details 4 steps involving revamped refund scam

money-stack
BHPH Report Staff
Refunds associated with federal income tax returns remain a crucial potential revenue stream to buy-here, pay-here dealers either as a pathway to deferred down payments or a method customers can use to become current again on their accounts. Well, the ... [Read More]

REPAY acquires PayMaxx Pro, partners with PassTime

latest news
BHPH Report Staff
REPAY – Realtime Electronic Payments made two significant moves this week. First, REPAY expanded its footprint in the automotive industry and deepened integration capabilities with the acquisition of PayMaxx Pro. Then, REPAY announced a new partnership with PassTime. REPAY chief ... [Read More]

DriveTime seeks to challenge ‘outdated’ ad model with new campaign

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BHPH Report Staff
Now that DriveTime has its new top executive in place, the retailer that caters to buyers with damaged credit histories unveiled its news marketing initiative. This week, DriveTime launched what the company called its “The Genius Way to Buy a ... [Read More]

TIADA to help market NIADA CPO Program

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BHPH Report Staff
The Texas Independent Automobile Dealers Association and the National Independent Automobile Dealers Association are both located in the Lone Star State and already have a close relationship. That connection became even stronger on Tuesday in a development that could help Texas ... [Read More]

DriveTime selects new CEO

news update
BHPH Report Staff
DriveTime chose a leader with plenty of experience in the franchised dealer group world to be its new chief executive officer. According to an announcement distributed on Monday, Don Reese will join DriveTime as its new CEO beginning in late ... [Read More]

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