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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

ARA highlights inroads by Repo Alliance in DC

repo alliance for web
SubPrime Auto Finance News Staff
The American Recovery Association (ARA) recently highlighted the successes of the Repo Alliance, a fundraising organization rolled out at the start of the pandemic to boost lobbying and other industry promotion efforts. From discussions with federal lawmakers and their staffs ... [Read More]

Insight on credit backgrounds of consumers living paycheck to paycheck

another couple paying bills
SubPrime Auto Finance News Staff
The ninth edition of the Reality Check: Paycheck-To-Paycheck research series, conducted by LendingClub Corp., in partnership with PYMNTS.com, showed that close to two-thirds of the U.S. population — 64% or about 166 million adults — were doing so in March. ... [Read More]

PassTime rolls out third generation Encore device

PassTime at NADA Show 2022 for web
SubPrime Auto Finance News Staff
Dealerships and finance companies that use PassTime technology now have a refreshed tool to use to maintain contact with their assets and mitigate risk. The GPS solutions provider announced last week the launch of Encore 3, the third generation of ... [Read More]

DriveItAway adds former EmployBridge & Citi entrepreneur in residence as advisor

Rush Doshi for web
SubPrime Auto Finance News Staff
DriveItAway Holdings has a new advisor to keep the subscription-to-purchase technology provider on a positive trajectory with dealerships and other firms interested in automotive. Now a publicly traded company, DriveItAway welcomed Rushab Doshi, a noted entrepreneur-in-residence and new venture builder. ... [Read More]

Allied Solutions boost underwriting capabilities with Scienaptic AI

partnership
SubPrime Auto Finance News Staff
This time, Allied Solutions’ newest initiative is connected to the beginning of the potential journey toward vehicle delivery. This week, the service provider to credit unions and other firms involved with financial services launched a strategic collaboration with Scienaptic AI, ... [Read More]

APCO streamlines EasyCare VSC to help dealers

headlight
SubPrime Auto Finance News Staff
EasyCare, an APCO Holdings brand, introduced a new vehicle service contract (VSC) for dealerships this week in an effort to help store personnel cater to potential buyers who only want a simple presentation of F&I products. APCO highlighted its new ... [Read More]

Agora, Comerica, Cox & Edmunds on current state of auto finance, inflation & interest rates

interest rates
Nick Zulovich, Senior Editor
Experts from Agora Data, Comerica Bank, Cox Automotive and Edmunds gave a variety of insights about two of the top current economic trends that can impact auto financing — inflation and interest rates. As expected by these companies, the Federal ... [Read More]

DRN and MVTRAC land Osborne as new chief client officer

Cortney Osborne at UCW 2019
SubPrime Auto Finance News Staff
One of the recovery industry executives who has been a regular on stage during Used Car Week is with a new company for the first time in nearly 20 years. On Wednesday afternoon, DRN and MVTRAC announced that Cortney Osborne ... [Read More]

5 repo industry veterans form insightLPR leadership team

insightLPR for web
SubPrime Auto Finance News Staff
Five repossession industry executives with time at companies such as DRN, RDN and PAR North America on their resumes have formed the leadership team of insightLPR, a technology company providing proprietary license plate recognition (LPR) software, hardware and data products ... [Read More]

Average PRU above $2K pushes EFG to promote Colman

EFG James Colman for web
SubPrime Auto Finance News Staff
EFG Companies promoted 21-year retail automotive veteran James Colman to regional vice president of dealer services, and for good reason, based on details mentioned in a company press release distributed on Tuesday. EFG highlighted Colman leads his team that generates a ... [Read More]

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