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Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

Primeritus elevates Conners to be COO

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SubPrime Auto Finance News Staff
The leadership transformation of Primeritus Financial Services continued with an announcement the provider of recovery management, skip-tracing and remarketing shared on Monday. Already with a new chief executive officer and chief financial officer in place, Primeritus said it has promoted ... [Read More]

New EasyCare VSC covers technology, electronic components & safety systems

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SubPrime Auto Finance News Staff
EasyCare wants to help your dealership customers feel more confident about taking delivery of that vehicle that has some of the latest technology available. On Monday, the APCO Holdings brand introduced TechCare, a new vehicle service contract (VSC) designed exclusively ... [Read More]

Portfolio promotes Cunha to managing director

Jim Cunha for web
SubPrime Auto Finance News Staff
Portfolio likes the work done by Jim Cunha, so this week the provider of reinsurance and F&I programs to auto, RV and powersports dealers appointed him as a managing director for sales and agent development. The company highlighted Cunha brings ... [Read More]

Prestige hires former Capital One exec as CFO

Pepo Tsvetanov for web
SubPrime Auto Finance News Staff
On Thursday, Prestige Financial Services, a portfolio company of the Larry H. Miller Company, announced the appointment of Pepo Tsvetanov as its new chief financial officer in a move that was effective on Tuesday. According to a news release, Tsvetanov ... [Read More]

COMMENTARY: Balance of 2022 outlook for F&I product sales and profit potential

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Travis Wools, Protective Asset Protection
Today’s automotive industry continues to see noticeable changes in everything from consumer demand, behavior, and shopping patterns to the way operations are dealing with an ongoing shortage of inventory, parts, and labor. What’s more, the shopping process itself continues to ... [Read More]

PODCAST: New Primeritus Financial Services CEO Steve Norwood

SubPrime Auto Finance News Staff
This summer certainly has been a season of change for Primeritus Financial Services, which now has a new chief executive officer and chief financial officer. Taking on the CEO post is Steve Norwood, who previously led Consolidated Asset Recovery Systems ... [Read More]

RISC Pro fees waived for new members through rest of 2022

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SubPrime Auto Finance News Staff
Last week, RISC collaborated with MBSi Corp. to deploy VendorConnect, what they called a “revolutionary” compliance management solution that can allow access to a comprehensive list of compliant, vetted third-party vendors in the repossession industry. This week, RISC announced free ... [Read More]

COMMENTARY: How crypto helps lenders cover loan values

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Fred Brothers, Cion Digital
Auto repossessions are on the rise. Subprime repos are up 11% since 2020, according to Jalopnik. Even among prime borrowers with excellent credit scores, repossession rates have doubled from 2% to 4% in the past two years, according to Barron’s. ... [Read More]

PODCAST: More insight about Experian Q2 auto finance data with Melinda Zabritski

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SubPrime Auto Finance News Staff
Experian senior director of automotive financial solutions Melinda Zabritski shared more time for the Auto Remarketing Podcast to discuss which auto finance metrics landed within expectations for the second quarter and which ones did not. Zabritski also touched on how ... [Read More]

MBSi & RISC introduce compliance management solution for repossessions

MBSi and RISC for web
SubPrime Auto Finance News Staff
Repossessions are complicated, so MBSi Corp. and RISC are working together to help finance companies find the compliant resources they need. This week, the SaaS provider of repossession assignment software and third-party compliance management company for the auto finance industry ... [Read More]

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