Auto Remarketing Staff

NextGear Capital introduced this week it's new Rapid Pay tool — a feature built to streamline and speed up funding within its Account Portal platform. This follows the company’s recent February announcement regarding the release of Account Portal’s AutoPay feature. Rapid Pay is... Read More

Auto Remarketing Staff

Fraud is very much on the minds of finance companies nowadays. And for good reason, as LexisNexis Risk Solutions put a figure on how much fraud added to finance companies’ operational costs. According to the study titled, “2017 True Cost of Fraud for Financial Services," LexisNexis Risk Solutions... Read More

Auto Remarketing Staff

Editor's Note: Story and headline updated for clarity and to correct timing of Experian's purchase of Clarity Services. Experian has rolled out its first innovation stemming from its purchase of Clarity in October.   This past fall, two of the traditional credit bureaus each acquired a... Read More

Nick Zulovich, Staff Writer

Lee Cookman, director in the fraud and identity solutions department at TransUnion, described how auto finance providers are having an “awakening.” It’s one likely more jolting than that 4 a.m. wakeup call in order to catch the first flight of the day. The startling alarm Cookman and TransUnion found... Read More

Auto Remarketing Staff

While Equifax recently highlighted the depth of consumers opting to purchase an off-lease vehicle in greater numbers rather than leasing a new model, Swapalease.com pointed out that interest in taking over a vehicle lease contract is as strong as ever. To reinforce the assessment, approvals for takeovers on the site... Read More

Auto Remarketing Staff

This week, White Clarke Group released its annual Global Leasing Report; a thorough guide to the world’s top 50 leasing markets. Group chief executive officer and report author Brendan Gleeson highlighted that the newest installment revealed a “confident” industry outlook, with the top 50 countries in... Read More

Auto Remarketing Staff

A new report recently released by White Clarke Group explored the most important global issues facing the auto finance industry. Two challenges became clear when the firm reached out to top company executives. White Clarke Group’s Global Auto and Equipment Finance Report 2018 revealed that industry executives... Read More

Auto Remarketing Staff

AutoGravity is adding to its portfolio of commercial banks adopting its mobile financing platforms — not just automakers’ captives. On Tuesday, TD Auto Finance (TDAF), a subsidiary of TD Bank, announced a partnership with AutoGravity, a fintech provider modernizing the way consumers buy and finance... Read More