Risk management firm KPA Services recently announced that it closed on the acquisition of California-based Auto Advisory Services (AAS). The firm highlighted that its transaction that came to fruition on May 31 strengthens KPA’s F&I offering through the addition of ... [Read More]

LAUNCHER.SOLUTIONS, a technology provider specializing in subprime auto finance originations, announced a strategic integration partnership with General Forensics with the thought of helping finance companies to operate more intelligently. Playbook, a General Forensics technology, integrates with LAUNCHER.SOLUTION's appTRAKER Loan Origination ... [Read More]

Primeritus Financial Services is looking to be the forwarding company of choice for finance companies that have more than just cars and trucks in their portfolio. Primeritus recently announced the acquisition of Capital Recovery Group (CRG).  Based in Tucson, Ariz., ... [Read More]

AUL Corp. president and chief executive officer Jimmy Atkinson continued to bolster the company’s top management team. The administrator of vehicle service contracts recently appointed David Chang to the position of chief financial officer. Chang, who brings more than 20 ... [Read More]

PointPredictive recently added to its roster of experts tasked with helping auto finance companies combat fraud and other risks to their operations. PointPredictive announced that Mike Kennedy has joined the company as vice president of analytics to spearhead the growing ... [Read More]

In some circles, 1990s fashion is back in style nowadays, and S&P Global Ratings is seeing trends within the subprime auto ABS market that resemble the time when Umbro shorts, the discman and tight-rolled pantlegs became popular. According to a ... [Read More]

Nationwide recovery management and skip tracing firm Millennium Capital and Recovery Corp. made a total of eight personnel moves this week as five executives ascended into new positions, and three managers joined the company. According to a news release, the ... [Read More]

The auto financing process certainly has evolved significantly for the days of paper faxes, but Equifax emphasized that pre-approvals and credit checks remain a critical component of the automotive shopping process. Equifax unveiled additional analysis in its ongoing study of ... [Read More]

Platinum Auto Finance recently made a series of strategic moves, including an expansion in markets near its base in Florida while closing one of its facilities in North Carolina. The expansion portion of the subprime auto finance company’s strategy involves ... [Read More]

Auto defaults dropped last month for the third consecutive month as the May reading now has settled below the 1-percent mark for the fourth year in a row. According to data through May released by S&P Dow Jones Indices and ... [Read More]