Wolters Kluwer’s lien solutions recently earned two major industry awards for its iLien Motor Vehicle product innovation, adding to its quickly filling mantle. The company won a Gold-level Globee Award in the Fintech and Information Technology Innovation category as well as an International Business Awards (IBA) Bronze-level Stevie Award in the Best Financial Services Solution […] [Read More]

As fintech developments germinate from outside firms, a new report from Accenture showed how much these new solutions could impact banks. Accenture said as much as 15% of banks’ global payments revenue, or $280 billion, is likely to be displaced by the growth of digital payments and competition from non-banks, as payments become more instant, […] [Read More]

One of the honorees among this year’s Emerging 8 appearing at this summer's Automotive Intelligence Summit now is operating under a new brand name. On-demand auto leasing startup Rodo, previously known as Honcker, recently exited beta with a major update to its core product, bringing what it called “unprecedented transparency and efficiency” to the consumer-dealer […] [Read More]

Connected technology. Consumers continue incorporating it into their everyday lives. As that trend continues, established and new automobile manufacturers and dealers should take note and “provide their customers with the facilities, features and connectivity they have become accustomed to," said Metova president and chief marketing officer Jonathan Sasse. “The connected car is no longer a […] [Read More]

AutoPacific says its Ideal Vehicle Awards, or IVAs, are based solely on owner input, measuring “the fusion between owner expectations and reality.” “IVAs speak to a vehicle's layout and design,” AutoPacific president George Peterson said in a news release. "Giving owners a chance to tell us what they would change and how they would change […] [Read More]

With the peak of hurricane season now upon us, new data from CARFAX showed flood-damaged vehicles are resurfacing across the country. CARFAX estimates there are 408,280 flood-damaged vehicles on the roads nationwide, and experts said that number will likely rise following Hurricane Dorian that impacted the Southeast earlier this month. Vehicles reported as flood-damaged by a […] [Read More]

Susan Schmidt, vice president for the U.S. Consumer Credit Group at PayPal, joins the show to talk about PayPal Credit's business-to-business applications, its presence in the auto-parts business and potential for expansion. The full episode can be found below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can also listen to the latest […] [Read More]

Experian Automotive’s second-quarter data pegged the average monthly payment for a new vehicle at $550. That’s $25 higher than a year ago. That climb figured in part to new AAA research showing that average annual cost of vehicle ownership jumped 24% to $9,282, or $773.50 a month. That’s the highest cost associated with new vehicle […] [Read More]

This week, the Virginia Automobile Dealers Association (VADA) expanded its preferred endorsement of Dealertrack Registration and Title Solutions. VADA’s support for the company’s solutions now includes Accelerated Title in a continued effort to improve efficiency and bring a more modern, streamlined and electronic registration and title process to Virginia dealers. “Expanding our preferred endorsement to […] [Read More]

Verifying income can be an expensive process for finance companies; one where the cost can become even steeper if the contract holder falls into delinquency and is eventually charged-off because the individual didn’t have steady enough money to support monthly payments. PointPredictive is looking to help finance companies avoid both of those scenarios with its […] [Read More]