We’re now a year and a half into the upward march for bankruptcies. Reinforcing findings from the Consumer Stress Legal Index (CSLI) recently shared by LegalShield, data provided by Epiq Bankruptcy last week showed total bankruptcy filings jumped 17% year-over-year in January. Epiq reported total bankruptcy filings came in at 36,607 in January up from […] [Read More]

Sourcing, screening and decisioning platform Trust Science has chosen a veteran tech investor and innovation guru to its board of advisors. Chosen for the position is John Ruffolo, whose background includes stints as the founder and managing partner of Maverix Private Equity, founder of OMERS Ventures, and co-founder and vice chair of the Council of […] [Read More]

Safe-Guard Canada customers have a new experience waiting for them online. The branded protection products company announced the launch of its new website and Protection Products Platform. The company said this move “signifies the company’s digital transformation from a third-party administrator (TPA) to a Protection Products Platform that delivers frictionless service, consistency and customer-centric solutions.” […] [Read More]

Carmigo, an online marketplace and wholesale platform for dealerships, has launched what it calls its biggest product since the company’s founding. Carmigo Turn is a new wholesale platform designed to help dealers isolate their slow-moving inventory and set an automated wholesale strategy from Day 1. The company, which has focused on sourcing consumer cars for […] [Read More]

Tina Miller, senior vice president and chief financial officer of Lithia and Driveway, was honored by Cox Automotive as the recipient of its annual Barbara Cox Woman of the Year Award during the NADA Show last week in Las Vegas. The award, named for Barbara Cox, the late co-owner of Cox Enterprises and daughter of […] [Read More]

Point Predictive is building a robust dealership client portfolio, too. The fraud prevention operation that leverages artificial intelligence for its solutions has many clients throughout financial services and now has partnerships with several dealership groups, including Napleton Automotive Group, Carriage Auto Group, Cavender Auto Family and Butler Lexus of South Atlanta. At the forefront of […] [Read More]

Two of the larger industry service providers — Cox Automotive and Equifax — now are working together to tackle what might be the most difficult challenge — eradicating fraud. News about an enhancement of the Dealertrack compliance solution through the addition of a new synthetic ID fraud indicator already is being welcomed by dealerships. David […] [Read More]

Automobile Consumer Services’ Tarry Shebesta coined the concept of “credit first versus credit last” years ago. It was meant to illustrate how building marketing and shopping tools using credit early in the process can ensure more accurate monthly payments and realistic vehicle purchase and financing expectations when consumers want to shop based upon a certain […] [Read More]

CARFAX has long been involved in the used-car business with its vehicle history reports and used-vehicle listings. Now it’s expanding into new cars. The company said it is now listing new cars to make its platform a “one-stop shop” for consumers looking for a vehicle. According to Cox Automotive’s recently released 2023 Car Buyer Journey […] [Read More]

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