Point Predictive landed relationships with individual credit unions recently with Affinity Federal Credit Union and Valley Strong Credit Union each tapping the service provider that leverages artificial intelligence to fight against fraud. Last week, Point Predictive waded deeper into the credit-union market, announcing a new partnership with Sync1 Systems, a leading loan origination platform for […] [Read More]

On Tuesday, JM&A Group announced the promotion of Kevin Hull to president of National Truck Protection Co. (NTP). Wade Bontrager, whose career spans nearly 30 years in the insurance industry, will continue to support NTP as a key advisor while remaining on the board of directors of the F&I provider. “We look forward to seeing […] [Read More]

The sixth of six pillars in Alfa Systems 6 is now available for Alfa’s auto-finance clients. The newest piece —  Collaborative Ecosystem — can allow customers to tap into Alfa’s expertise and best practices to source and integrate with new technologies, creating customized, end-to-end solutions. Key features of Collaborative Ecosystem include: —An extensible suite of […] [Read More]

Southern Auto Finance Co. (SAFCO) continued its string of notable personnel and strategic moves on Tuesday. The latest action is hiring Noel Ortega as its new senior vice president of account services. Prior to joining SAFCO, Ortega served as senior vice president of servicing for United Auto Credit (UACC). While there, SAFCO said Ortega transformed […] [Read More]

BSC America has promoted two employees at its Bel Air Auto Auction in Bel Air, Md. Lot operations manager Ken Hartman has been named director of operations and acting New Jersey sales representative Steve Patrylow is now dealer sales manager. Hartman spent 25 years in the construction surety industry and four as a restauranteur before […] [Read More]

Next up on our “Consignor Conversations” series of the Auto Remarketing Podcast is an interview with Holly Vollant, who is manager, business development – Equipment Direct & Buy Direct at Holman. Vollant sat down with Cherokee Media Group senior editor Joe Overby at the Automotive Remarketers Alliance Summer Roundtable in Frisco, Texas, to talk about […] [Read More]

Affordability has been a focus within the automotive retail and finance spaces for some time, with Edmunds revisiting it again in the past couple of days. Well, on Tuesday, Black Book tackled the topic from the wholesale perspective, offering its analysis after watching wholesale values tick up another 0.02% during a time when prices usually […] [Read More]

The Dave Cantin Group has sold two of its businesses in a move to narrow its focus. The automotive mergers and acquisitions advisory company said Biltmore Automotive Services, a management consulting and service provider to auto industry investors and financial firms, has acquired two of DCG’s lines of business: DCG Capital and the Ownership Accelerator […] [Read More]

Northwood University announced a one-day automotive summit featuring automotive industry leaders and experts coming up Oct. 3 on its campus in Midland, Mich. The CAMS Industry Summit, hosted by Northwood’s Center for Automotive and Mobility Studies, will cover topics facing the automotive industry today, including retail trends, dealer relations, F&I, compliance and regulations, and the […] [Read More]

An interest-rate cut is widely expected to arrive when the Federal Reserve announces its decision on Wednesday. But the current environment described by economic experts and research projects from the American Financial Services Association and KeyBank illustrated the significant headwinds credit providers and small businesses now face. In fact, one respondent who participated in AFSA’s […] [Read More]