Financial institutions know they need skilled labor as their technological infrastructure changes. Finding those experts has created bottlenecks in the key areas of talent, data and analytics strategy, sometimes blocking progress. For years, companies have had to draw from a very small pool of analytics talent, made up of a limited supply of analytics professionals and […] [Read More]

Perhaps your company is facing the same technological conundrum highlighted in a recent survey orchestrated by Fenergo, a provider of digital client lifecycle management (CLM) software solutions for financial institutions. Fenergo’s survey revealed that 20% of C-suite executives in banks say that the maturity of their technology infrastructures is preventing them from investing in new, […] [Read More]

We’re nearly halfway through the second quarter, and experts are seeing varying trends about whether consumers are prepared to commit to buying a vehicle at your dealership and financing the purchase through your finance company. While a pair of surveys that measure consumer confidence each month demonstrated some upbeat feelings, the team at Cox Automotive […] [Read More]

The certified pre-owned program from GMC is one of the favorites of third-party car listings brand, Autotrader. The company likes GMC's program because it offers an additional year of comprehensive coverage, along with six years or 100,000 miles of powertrain protection. This month, GMC features a bigger benefit for shoppers choosing a certified pre-owned Acadia, Sierra […] [Read More]

Walls still don’t talk. But connected cars do, and they have a lot to say. Sophisticated technologies that promise to produce safer, more fuel-efficient vehicles equipped with consumer-pleasing conveniences are also capable of revealing personal information, such as where a driver’s been, their telephone contact list, how fast they drive and whether they use their […] [Read More]

Sheehy Auto Stores is planning its 22nd annual Sheehy 8000 Sales Event, a community-wide program to sell 8,000 vehicles (through July 5) while raising awareness and funds for the American Heart Association. But the company’s support of the association extends beyond the Sheehy 8000. For the past several years, the company has sponsored and been […] [Read More]

He is a three-time world champion auctioneer who since 1974 has called bids for items such as collector cars, livestock, multi-million-dollar real estate sales and charity benefits. Paul Behr, who is president and owner of the World Wide College of Auctioneering and the World Automobile Auctioneers Championship, has conducted more than 9,000 auctions in 30 […] [Read More]

According to a news release distributed on Friday, digital speech analytics expert Tony Colan has joined the Proactive Dealer Solutions team as director of enterprise sales. Proactive Dealer Solutions (PDS) uses deep machine learning, artificial intelligence (AI) and predictive analytics that can discover patterns using voice recognition to communicate more effectively with automotive consumers and […] [Read More]

Automotive compliance expert Max Zanan wants to help dealerships and their owners and principals learn about store employees who might be syphoning funds or doing other unethical or unscrupulous activities. This week, Zanan rolled out the Dealership Fraud Hotline, a new kind of whistleblowing automotive platform and hotline that can make it easier for dealership […] [Read More]

Kroll Bond Rating Agency reported this week that its auto-finance indexes that watch both the non-prime and prime spaces moved in similar directions in April. But a deeper look at the latest data showed some “slightly less sanguine results.” Analysts indicated annualized net losses in KBRA’s Prime Auto Loan Index fell 5 basis points month-over-month […] [Read More]