Led by a quartet of industry stalwarts, the National Loan Payoff Clearinghouse (NLPC), powered by EPIC, last week introduced secure financial infrastructure that can facilitate the standardized exchange, processing, and settlement of loan payoff and lien release transactions among network participants nationwide. The NLPC got to this point guided by its advisory council, which includes: […] [Read More]

CRIF Select, a provider of credit risk, decisioning, and indirect lending solutions for financial institutions, last week announced that Robert Christini has joined the organization as senior vice president of sales. The company highlighted Christini brings extensive leadership experience and a strong reputation for driving growth and long-term partnerships across the automotive and lending technology […] [Read More]

Last week, EFG Companies announced that Jay Hartmann has been promoted to chief operating officer, focusing on corporate scalability and cross-functional alignment as the company positions itself for future growth. As a 21-year EFG employee, the company highlighted Hartmann has consistently demonstrated exceptional leadership, strategic insight, and an unwavering commitment to operational excellence. Prior to […] [Read More]

Sometimes, even some of the most sophisticated technologies in auto finance need a tuneup. That’s what Cox Automotive has done with Dealertrack with a suite of new APIs, product enhancements, and integrations designed to help maximize contracting and funding efficiency for lenders and their dealer partners. Dealertrack’s data showed 86% of auto finance contracts are […] [Read More]

On the heels of reaching profitability, Lease End launched its newest tool to help consumers avoid what experts call “dark patterns.” Lease End highlighted that Payoff Intelligence is an artificial intelligence agent designed to overcome one of the most persistent hurdles in the auto industry: getting a lease payoff amount. Lease End claimed that sometimes […] [Read More]

Cortney Osborne, who serves as chief operating officer of MVTRAC and chief revenue officer of DRN, and John Sibbitt, who is vice president of Recovery Database Network, hosted a conversation during Used Car Week 2025 about the potential for 3 million vehicles being repossessed annually and how the recovery industry is going to handle that […] [Read More]

Fullpath has taken artificial intelligence into the CRM. The dealership customer data platform has launched the Agentic CRM, a fully orchestrated, multi-agent system designed to handle real-time shopper intelligence, proactive task management and automated lead engagement in a single dealership workspace. In a news release, Fullpath said embedding agentic AI directly into the CRM addresses […] [Read More]

Rick Case Automotive Group’s latest charitable contribution was a massive one. The South Florida-based dealership group said its president and CEO, Rita Case, has donated $1 million to the region’s Baptist Health Foundation to benefit microsurgery research and technology at Baptist Health Orthopedic Care. Baptist Health recognized Case’s gift by naming its parking facility at […] [Read More]

Certified pre-owned sales climbed more than 2% in 2025, and with CPO vehicles remaining a “value signal in a normalizing used market,” J.D. Power is urging dealers and automakers to “lean on CPO as a strategic lever.” There were 2.61 million certified sales last year, which beat 2024 figures by 2.1%, Cox Automotive said, citing […] [Read More]

Mia Labs has received a significant financial boost. The provider of an artificial intelligence-powered conversational platform for auto dealerships announced it has added $20 million in Series A funding, more than double its previous funding. In a news release, Mia said the round lifted its total capital raised to $29 million, making it one of […] [Read More]