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How agentic AI is impacting collections
Thursday, Feb. 5, 2026, 02:21 PM
Agentic AI is among the slew of topics being bandied about this week at NADA Show 2026 in Las Vegas. The subject also was discussed during Used Car Week 2025 in the same city. Used Car Week Hall of Famer ... Listen Here
The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here

Sword Apak acquired by French company

acquisition
Monday, Oct. 29, 2018, 02:09 PM
SubPrime Auto Finance News Staff
There’s been another change in ownership within the floor-planning space. Sopra Steria, a European leader in digital transformation, recently announced the acquisition of lending solutions provider Sword Apak, a subsidiary of Sword Group. Sopra Steria has acquired, through its subsidiary ... [Read More]

Sagent bulks up fraud protection

fraud analytics
Friday, Oct. 26, 2018, 02:34 PM
SubPrime Auto Finance News Staff
Sagent Lending Technologies, a joint venture between Fiserv and Warburg Pincus that was previously known as Fiserv Lending Solutions, made a move this week to help auto lenders protect against fraud. The company has integrated the Cross Check identity verification ... [Read More]

Survey examines unawareness of how new tax law may impact participation program selection

Federal reserve
Thursday, Oct. 25, 2018, 02:40 PM
SubPrime Auto Finance News Staff
Protective Asset Protection, a provider of F&I programs, services and dealer-owned warranty programs, recently announced results of a recent survey it commissioned to gauge the pulse of owners of today’s largest automotive dealers on issues ranging from F&I product performance in ... [Read More]

Northwood and AFIP coordinating new MBA program

training
Wednesday, Oct. 24, 2018, 03:57 PM
SubPrime Auto Finance News Staff
Aspiring automotive executives can secure a new academic foundation as they embark on careers at dealerships, finance companies and other industry service providers. This week, the Richard DeVos Graduate School of Management at Northwood University, in collaboration with Association of ... [Read More]

Carleton dissects potential pitfalls when calculating accurate APR

approve
Wednesday, Oct. 24, 2018, 03:55 PM
SubPrime Auto Finance News Staff
With the interest rates connected to a retail installment sales contracts becoming more pronounced thanks to actions by the Federal Reserve, Carleton recently revisited a topic the compliance firm often discusses with clients. Carleton reiterated official definitions as well as ... [Read More]

MBSi Corp. hires former Copart exec as COO

executive boardroom
Tuesday, Oct. 23, 2018, 02:51 PM
SubPrime Auto Finance News Staff
MBSi Corp., one of the founding members of the Automotive Intelligence Council, named a new chief operating officer on Tuesday. The provider of repossession assignment software and vendor compliance solutions to the auto finance industry brought on former Copart chief ... [Read More]

Westlake’s vehicle protection program now available nationwide

latest news
Monday, Oct. 22, 2018, 02:03 PM
SubPrime Auto Finance News Staff
Dealers nationwide not only can use Westlake Financial Services to get a deal bought for their potential buyers, but stores also can leverage the provider for another ancillary product, too. Westlake recently announced the nationwide expansion of its vehicle protection ... [Read More]

Secure Collateral Management prepping for move into new headquarters

SCM picture
Thursday, Oct. 18, 2018, 06:13 PM
SubPrime Auto Finance News Staff
This autumn truly represents a season of change for Secure Collateral Management (SCM), a provider of skip-tracing and collateral recovery. SCM is moving its corporate headquarters into a new state of the art facility this fall. Company management highlighted this ... [Read More]

Subprime originations continue downward drift

money-key
Thursday, Oct. 18, 2018, 03:17 PM
SubPrime Auto Finance News Staff
The monthly update surfaced earlier this week about how auto-finance defaults improved again. Perhaps that trend stems at least in part to less subprime paper flowing into portfolios. The latest metrics shared by Equifax indicated that 2.78 million contracts were ... [Read More]

September auto performance helps overall default rate dip to lowest point of 2018

news pic
Wednesday, Oct. 17, 2018, 03:57 PM
SubPrime Auto Finance News Staff
Auto-finance performance helped the composite rate of the S&P/Experian Consumer Credit Default Indices register its best reading thus far this year. Based on data through September, S&P Dow Jones Indices and Experian reported on Tuesday that the auto finance default ... [Read More]

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