Dealertrack Technologies reached a partnership on Wednesday with Element Payment Services, a Vantiv company, to seamlessly integrate electronic payment processing into Dealertrack DMS 2.0. With Element’s fully integrated payment technology within Dealertrack DMS 2.0, officials highlighted that all types of ... [Read More]

In a quarter company executives said contained a “leveling of competitive intensity,” the AmeriCredit-branded business generated by General Motors Financial during the second quarter jumped to a higher level than in any quarter seen in a year. AmeriCredit, which originates ... [Read More]

Black Book explained how its depreciation forecast of 13.5 percent for 2014 is still on track, even though the market produced a pace much slower than that expectation during the first six months of the year. Senior vice president and ... [Read More]

Retail’s old adage of “you get what you pay for” reappeared as a part of the J.D. Power 2014 U.S. Dealer Financing Satisfaction Study. The report showed franchised dealerships place such a value on the relationship they have with their ... [Read More]

The state government affairs committee of the American Financial Services Association recently published a white paper for its members on debt collection and the various ways state legislation and regulations are approaching these practices. AFSA officials highlighted the paper explains ... [Read More]

Based on a view the competitive pressure in the subprime finance space isn’t quite as intense, Consumer Portfolio Services watched its second-quarter earnings per diluted share spike by 47 percent year-over-year. CPS reported that its Q2 earnings rose to $7.0 ... [Read More]

Northern Star Management selected Vendor Transparency Solutions as an online compliance monitoring platform to be utilized as an additional tool in mitigating risk. Northern Star is an underwriting management company and wholesale producer working with a select network of brokers ... [Read More]

Given all the increases in credit availability, particularly the escalating subprime auto finance market, Jesse Toprak was asked how long this cornucopia can be sustained. But the chief analyst with Cars.com flipped it around: we actually haven’t seen the last ... [Read More]

With the subprime slice at levels “essential for a healthy economy,” the latest Equifax National Consumer Credit Trends Report indicated the total balance of auto loans midway through 2014 soared to a record high. Sparked by a growth rate of ... [Read More]

A former chairman of the Federal Trade Commission joined the advisory board this week of an operation that strives to support digital privacy and design online reputation management technology. Coming on board with Reputation.com is Jon Leibowitz, who currently is ... [Read More]