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Why TrendPending’s AutoBio quickly impressed Illinois VW dealer
Wednesday, May. 10, 2023, 02:11 PM
Auto Remarketing Staff
TradePending’s newest tool to help dealerships retail more used vehicles quickly impressed Rebecca Balonier, who is internet director at Volkswagen of Elgin in Illinois. Marrying TradePending’s products with data from CARFAX, service history records, window stickers and local market statistics, AutoBio is new a communication platform tied to TradePending’s entire data ecosystem and numerous value-add […] [Read More]
Solutions by Text announces 3 new hires & 1 executive promotion
Wednesday, May. 10, 2023, 11:57 AM
SubPrime Auto Finance News Staff
Last week, Solutions by Text enhanced its leadership team with three new senior level hires and a promotion. The compliance-first provider of enterprise text messaging and payments solutions focused on consumer financial services appointed Danielle Repetti as chief revenue officer, Subramaniam Viswanathan as executive vice president of technology, and Hana Elliott as vice president of […] [Read More]
PODCAST: Repossessions now highlighted in academia
Wednesday, May. 10, 2023, 11:56 AM
SubPrime Auto Finance News Staff
What’s sometimes considered to be a dangerous task of repossessing vehicles now has been highlighted in what some might view as the high-brow world of academia. In this episode of the Auto Remarketing Podcast, International Recovery Systems resident Jeremy Cross and vice president Andy Sinclair recap how their case study about repossessions was published earlier […] [Read More]
Experian to roll out new U.S. fintech data network to combat fraud
Wednesday, May. 10, 2023, 11:56 AM
Auto Fin Journal Staff
Amid an uptick in fraud across the fintech industry, Experian on Wednesday introduced a fintech-focused version of its Experian’s Hunter network to the United States. Experian highlighted this new U.S. fintech data network already has participation commitments from nine leading fintechs and is designed to bring a new level of protection to businesses and consumers […] [Read More]
Bain & Ashling partner to provide consulting, capitalize on automation acceleration
Wednesday, May. 10, 2023, 11:54 AM
Auto Fin Journal Staff
On Wednesday, Bain & Company formed a strategic alliance with Ashling Partners, a leading global provider of automation consulting and implementation services and an industry-recognized expert in these fields. Bain is also directly investing in Ashling to deepen its collaboration with a key partner in Bain’s vector digital practices. Ashling is backed by THL, a […] [Read More]
Details of NETSOL’s launch of Hubex API library to help dealers & vendors
Wednesday, May. 10, 2023, 11:51 AM
Auto Fin Journal Staff
This week, NETSOL Technologies announced the launch of Hubex, an API library that can enable companies to standardize all their API integration procedures across multiple API services through a single integration. Hubex is NETSOL’s second product offering from the AppexNow marketplace following Flex, an API-based, ready-to-use calculation engine. In addition to traditional lending companies, Hubex […] [Read More]
McGlinchey Stafford adds to Calif.-based enterprise litigation & investigations group
Wednesday, May. 10, 2023, 11:51 AM
SubPrime Auto Finance News Staff
This week, McGlinchey Stafford reinforced its enterprise litigation and investigations group in the firm’s Irvine, Calif., office. Joining the firm as members are attorneys Kere Tickner and Michelle McCliman with the pair being supported by paralegal Kirsten Zell and legal assistant Elizabeth May. “We are very proud to expand our Irvine presence with the addition […] [Read More]
New originations tool for credit unions surfaces from Origence, Zest AI relationship
Wednesday, May. 10, 2023, 11:50 AM
Auto Fin Journal Staff
Within days of announcing its revamped board of directors, Origence bolstered its relationship with Zest AI to launch a tool tailored for credit unions to book quality paper at lower credit tiers. Zest Auto is an automated underwriting model powered by artificial intelligence for credit unions available exclusively through Origence. According to a news release, […] [Read More]
UVeye secures $100M Series D funding round
Tuesday, May. 9, 2023, 04:24 PM
Auto Remarketing Staff
UVeye, which develops automated vehicle-inspection systems, said Tuesday it has landed a $100 million Series D funding round led by Hanaco VC. The round also included participation from existing investors GM Ventures, CarMax, W.R. Berkley Corporation, F.I.T. Ventures L.P. and Israeli institutional investors. UVeye plans to use the Series D funding to build inspection systems […] [Read More]
With IAA acquisition complete, Ritchie Bros. rebrands as RB Global
Tuesday, May. 9, 2023, 04:23 PM
Auto Remarketing Staff
Rebranding in the wholesale world continued Tuesday. Ritchie Bros. Auctioneers announced that with the successful closing of the IAA acquisition, the company is changing its corporate name to RB Global. The company said in a news release that its common shares will continue to be listed for trading on the New York Stock Exchange and […] [Read More]
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