Perhaps what’s being leveraged in the rental car space could be making its way into other forms of auto financing, as traditional vehicle leasing remains strong and car subscription products gain steam. As new generations enter the work force and begin traveling for business and leisure, they are looking to engage with brand loyalty programs […] [Read More]

Machines might be handling more queries from auto finance company customers with potential results that human representatives continually strive to reach but perhaps fall a little short. One of the experts who spoke during the International Auto Finance Network Conference hosted by White Clarke Group back in January described how this approach uses artificial intelligence to […] [Read More]

OnApproach wants another characteristic of credit unions to be as synonymous to those financing providers as their reputation and servicing to members: collaborative analytics. And to help credit unions leverage the possibility of collaborate analytics, OnApproach recently established a pathway for institutions to access new tools that’s familiar to anyone with a smartphone: an app […] [Read More]

Finance companies are fighting a cyber-war against criminals who carry out millions of daily attacks in a bid to steal personal data and defraud businesses of millions of dollars. That is the stark message from data security expert Royce Curtin, managing director of global intelligence at Barclays, who warns finance companies that they must constantly […] [Read More]

Criminals are becoming more creative in their approach to commit synthetic ID fraud, and new technology recently detected a ploy by an individual who tried a scheme at two different Michigan dealerships. According to the Federal Trade Commission, 1.7 percent of identity fraud complaints indicated that an auto-finance contract had been generated fraudulently, up from […] [Read More]

Your company employees can be one of your greatest assets, but a new study from Shred-it showed how your workers also can present significant risks, too. With one-third of working adults in the U.S. admitting to potentially risky behavior at work, employee negligence poses major security concerns for U.S. businesses, according to Shred-it's State of the […] [Read More]

Black Book executive vice president of operations Anil Goyal suggested that dealers watch one particular vehicle segment closely as editors continued to see stability in the wholesale market. “The used-car market has remained relatively stable overall,” Goyal said in this week’s Black Book Market Insights report. “However, recognizing consistent weekly trends may keep you ahead […] [Read More]

Dilawri Group of Companies announced the opening of its fifth Volkswagen franchise and 68th dealership in Canada. The automotive group’s latest dealership addition, Country Hills Volkswagen in Calgary, was designed in accordance with the latest VW global "White Frame" image program, according to Dilawri. In addition to two delivery bays, 15 mechanical service bays and […] [Read More]

Primeritus Financial Services is looking to be the forwarding company of choice for finance companies that have more than just cars and trucks in their portfolio. Primeritus recently announced the acquisition of Capital Recovery Group (CRG).  Based in Tucson, Ariz., CRG is a recovery solution company dedicated solely to the powersports community.  CRG, founded by […] [Read More]

AGORA, a Texas-based provider of technology solutions for the financial services industry, recently made two more moves to bolster its position as a platform for bulk portfolio transactions. Along with announcing that Chris Barry has become a part of the management team as senior vice president of sales, AGORA also revealed that Tom Hudson has […] [Read More]