Truist Financial Corp. rolled out a new solution last week designed to empower its wholesale payments clients with greater control and efficiency over their billing and payment operations. The bank said its electronic bill presentment and payment platform will provide a modern approach to managing payments, streamlining operations, improving client satisfaction and driving growth. Truist […] [Read More]

Here’s another way you can keep your client and customer information secure. TrustCloud has launched the TrustCloud Quantum Vault, a state-of-the-art custody solution incorporating post-quantum encryption technology. Now available in the DocuSign App Center, TrustCloud highlighted this innovative offering “sets a new standard for secure digital storing, document preservation, and evidence archiving and management.” By […] [Read More]

On Tuesday, Nordis Technologies appointed Jennifer Friday as vice president of product. In this role, Friday will manage Nordis’ product development roadmap and expanding suite of innovative solutions that increase clients’ revenues and market competitiveness by improving customer experience, repeat business and payments. Friday has held leadership positions in product development as well as project […] [Read More]

Bain & Co. is reinforcing its commitment to artificial intelligence. The global consultancy recently announced an expanded partnership with OpenAI — the maker of ChatGPT and frontier AI models such as GPT 4o and the new OpenAI o1 — to accelerate AI’s transformative impact in the world’s top companies. Bain and OpenAI have been collaborating […] [Read More]

On Tuesday, the Consumer Financial Protection Bureau (CFPB) finalized a rule the regulator said will give consumers greater rights, privacy, and security over their personal financial data. The bureau said the Personal Financial Data Rights Rule requires financial institutions, credit card issuers and other financial providers to “unlock” an individual’s personal financial data and transfer […] [Read More]

The CAR Group is fixin’ to saddle up and ride into Dallas again. The dealership group, which operates 20 locations under the Norm Reeves brand in California, Florida and Texas, has acquired Cowboy Toyota in Dallas, according to Kerrigan Advisors, which worked with the seller in the transaction. The dealership, which has been owned by […] [Read More]

In addition to its current chair imploring franchise dealers to continue participating in hurricane relief efforts, the National Automobile Dealers Association announced its next round of leadership succession. Castriota Chevrolet owner Tom Castriota, who is currently NADA’s vice chairman, will succeed Gilchrist Chevrolet Buick GMC president Gary Gilchrist as 2025 NADA chairman. Elected 2025 vice […] [Read More]

Sending a full-size truck to auction appears to be as much of a heartburn-triggering situation for franchised dealers as seeing that new model sitting in inventory and on the store floorplan for 100 days or more. Data from Black Book, Cox Automotive and J.D. Power showed the numbers crunch unfolding that might again be pitting […] [Read More]

Research from The Federal Reserve Bank of New York’s Center for Microeconomic Data and the LegalShield Consumer Stress Legal Index (CSLI) show the current state of household finances isn’t necessarily great right now. Big Time Advertising founder and CEO Terry MacCauley explained that a potential ramification relevant for buy-here, pay-here and independent dealers are four […] [Read More]

Work Truck Solutions said the interplay between the new and used segments of commercial vehicles reveals a series of “subtle yet significant” indicators that warrant attention. That’s the primary finding from its Q3 2024 Commercial Vehicle Market Analysis, which indicated the commercial vehicle market overall is continuing to recover. Work Truck Solutions reported that new […] [Read More]