We tend to think of the past as black and white, while the present shines in living color. When it comes to cars, though, that trend is heading in the opposite direction. Grayscale colors (white, black, gray and silver) are not only by far the most popular hues for cars, that popularity continues to grow, […] [Read More]

It’s been 10 years since the National Highway Traffic Safety Administration issued its first recall of airbags manufactured by the Takata Corporation. But that doesn’t mean they’re all gone. According to data from CARFAX, more than 6.4 million vehicles equipped with those potentially deadly airbags are still on the road. And according to CARFAX’s vehicle […] [Read More]

Webinars hosted by Weltman, Weinberg & Reis are designed to deliver year-round educational content, specific to creditors’ rights throughout numerous focus areas. The next one in the series titled, “Coffee With Casey,” features shareholder and the firm’s Chicago office managing attorney Casey Hicks along with shareholder and bankruptcy group chair Scott Fink. The experts plan […] [Read More]

Investors are bullish about text messaging. Solutions by Text (SBT), a platform for compliance-first messaging and payments, on Wednesday announced the raising of $110 million in new growth financing. According to a news release, growth equity investment firm Edison Partners co-led the transaction with StepStone Group, a global private markets investment firm. Stifel Venture Bank, […] [Read More]

This week, the Identity Defined Security Alliance (IDSA) released its 2024 Trends in Identity Security Report, which is based on an online survey of more than 520 identity and security professionals from organizations with more than 1,000 employees. The nonprofit that provides vendor-neutral resources to help organizations reduce the risk of a breach by combining […] [Read More]

Solifi recently launched ESG Portfolio Strategist as the latest application in its product suite. Enabling automotive finance companies to operationalize environmental, social, and governance (ESG) strategy within their existing leasing workflow, the global fintech software partner for secured finance said ESG Portfolio Strategist can enable ESG compliance and strategy execution and can support the company […] [Read More]

The blending of former Cox Automotive resources at F&I Sentinel continued Wednesday, this time on the personnel front. The risk-management solutions provider for F&I products in the automotive finance industry announced that Kat Venner-Fowler has joined the company as chief product officer. According to a news release, Venner-Fowler will lead F&I Sentinel’s product team, overseeing […] [Read More]

AutoPayPlus recently promoted two of its executives, elevating Amilcar Matus to senior director of operations, while Carl Moore was named senior director of CRM and data analytics. The payment processing company said the moves strengthens its leadership structure to better navigate the complexities of the market, while also supporting continued career development within the organization. […] [Read More]

The road to broader consumer acceptance of vehicle electrification is fraught with slowdowns, challenges and bumps in the road. Still, wider-spread acceptance of EVs is on the horizon and dealers — both franchise and independent — with support from automakers and/or industry partners such as Cox Automotive, are critical in helping that journey go more smoothly. That’s according to Cox Automotive executives, who highlighted key findings in the company’s “2024 Cox Automotive Path to EV Adoption Study ” during a panel discussion here, May 9. “We’re on this electrification journey.” ... [Read More]

During a May 9 forum with industry media in Detroit, Cox Automotive held a panel discussion on how it is using artificial intelligence to assist its wholesale customers with more accurate vehicle inspections and condition reports and marketing opportunities. Participating in Cox Automotive’s AI panel discussion was Marianne Johnson, chief product officer at Cox Automotive, who said machine learning has been around for 20 years and predictive algorithms based on historical data is not new, either. But over the last two or three years, technology has evolved into ... [Read More]