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Universal Lenders integrates with Darwin’s F&I and digital retailing software suite
Monday, Aug. 26, 2019, 02:41 PM
SubPrime Auto Finance News Staff
Universal Lenders recently announced the integration of its ZERO Plan program with the entire suite of Darwin Automotive F&I and digital retailing software solutions. The companies explained this integration partnership will allow Darwin’s dealer clients access to premium finance all ... [Read More]
DOJ lands sentences for 7 conspirators in nearly $2M auto-finance fraud scheme
Friday, Aug. 23, 2019, 02:54 PM
SubPrime Auto Finance News Staff
For the second time this month, the Justice Department announced prison punishments for charges related to fraudulent auto financing. Not long after getting a judge to sentence a Wisconsin man in connection with a Ponzi scheme fueled by luxury vehicles, ... [Read More]
CPS shares update on 2 system enhancements
Friday, Aug. 23, 2019, 02:52 PM
SubPrime Auto Finance News Staff
Consumer Portfolio Services is leveraging technology to improve both decisioning on applications that arrive from dealers as well as the finance company’s evaluation of those stores where those potential originations first surface. CPS shared in a message with SubPrime Auto ... [Read More]
EFG rolls out VSC tailored for electric vehicles
Wednesday, Aug. 21, 2019, 01:48 PM
SubPrime Auto Finance News Staff
EFG Companies now has a vehicle service contract designed to meet the unique needs of electric vehicle owners and aid dealerships in two crucial areas of their operations. EFG recently launched what the company called the new Motorist Assistance Plan ... [Read More]
REPAY acquires TriSource Solutions in deal that could reach $65M
Wednesday, Aug. 21, 2019, 01:46 PM
SubPrime Auto Finance News Staff
A firm that previously was a service provider for REPAY now is a part of the company. Repay Holdings Corp., a provider of vertically integrated payment solutions, recently announced the acquisition of TriSource Solutions for up to $65 million, which includes ... [Read More]
PODCAST: Simple route for AI to boost collections
Tuesday, Aug. 20, 2019, 02:32 PM
SubPrime Auto Finance News Staff
Collections certainly can be complicated for finance companies, but Dasceq founder and chief executive officer Abhishek Goel explained how leveraging artificial intelligence does not necessarily have to make the task even more complex. Goel joined Nick for this discussion after ... [Read More]
TransUnion maintains focus on auto-finance fundamentals & potential tailwinds
Monday, Aug. 19, 2019, 04:02 PM
Nick Zulovich, Senior Editor
Perhaps finance company executives might become a bit concerned when seeing the combination of slowing originations coupled with broad economic turbulence stemming from global trade clashes as well as more troubling signs emanating from markets beyond the United States. Well, ... [Read More]
F&I notes: New exec at Axiom; another honor for AUL
Monday, Aug. 19, 2019, 03:58 PM
SubPrime Auto Finance News Staff
As AUL Corp. collected a regional accolade for the sixth consecutive year based on its workplace, Axiom announced the newest member of its executive team. Susan Johnson recently joined Axiom in the role of executive vice president with the responsibility ... [Read More]
9 Hudson Cook attorneys among The Best Lawyers in America 2020
Thursday, Aug. 15, 2019, 05:59 PM
SubPrime Auto Finance News Staff
Hudson Cook announced this week that nine of the firm’s attorneys were recently selected for inclusion in The Best Lawyers in America 2020, including four who are celebrating 10 years or more on the list. The firm highlighted attorneys named ... [Read More]
Intellaegis welcomes new executive adviser
Thursday, Aug. 15, 2019, 02:33 PM
SubPrime Auto Finance News Staff
As Intellaegis, which does business as masterQueue, gears up for a potential award-winning appearance at the Finovate Fall conference in New York this September, the company announced an executive adviser joined the team, bringing a diverse technology background. Intellaegis’ newest ... [Read More]
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