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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

Awards roundup: Accolades for Credit Acceptance, EFG & Western Funding

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SubPrime Auto Finance News Staff
Credit Acceptance, EFG Companies and Western Funding all announced in recent days that they received awards associated with their operations connected to auto financing. Beginning Credit Acceptance, the company specializing in subprime auto financing said it has been named one ... [Read More]

Veros Credit gains strategic investment from ITOCHU International

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SubPrime Auto Finance News Staff
With an eye toward national expansion among other growth objectives, Veros Credit on Monday announced a strategic investment from ITOCHU International, a global leader in trading and investment. According to a news release, the investment may result in ITOCHU acquiring ... [Read More]

Insight LPR joins industry conversation about contracts & more

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Nick Zulovich, Senior Editor
On Thursday, Insight LPR joined the recent conversation about license plate recognition technology in the repossession industry public square started by the American Recovery Association and DRN. In a letter signed by president John Nethery and sent to Cherokee Media ... [Read More]

PODCAST: More from DRN’s Jeremiah Wheeler about state of LPR

SubPrime Auto Finance News Staff
DRN president Jeremiah Wheeler appeared on the Auto Remarketing Podcast this week to continue the intensifying dialogue about license plate recognition technology. Wheeler elaborated about the company’s response to assertions made by the American Recovery Association and what he hopes ... [Read More]

Edmunds: While used-financing trends remain stable, 2 records set involving new cars in Q1

700Credit rolls out driver’s license authentication integration with iTapMenu
SubPrime Auto Finance News Staff
If it took some extra finagling to get your contracts bought during the first quarter — especially in connection with new vehicles — the latest financing data from Edmunds might support the reasons why. While the metrics for used-car financing ... [Read More]

MBSi bolsters toolbox again with new agent invoice solution

SubPrime Auto Finance News Staff
Within a month of rolling out a tool designed to automatically verify lienholder changes, MBSi introduced another solution aimed at improving processes associated with vehicle repossessions. MBSi highlighted that this new tool — Smart Invoicing — was designed in collaboration ... [Read More]

CalAmp relocates headquarters to streamline operations & strengthen technical hub

SubPrime Auto Finance News Staff
Last week, CalAmp announced the relocation of its corporate headquarters from one California city to another, shifting from Irvine to Carlsbad. The technology and asset tracking company said this strategic move is designed to streamline operations and further align the ... [Read More]

VantageScore spots intensifying auto delinquency & impact from student loans

SubPrime Auto Finance News Staff
Evidently keeping up with monthly car payments isn’t the highest priority nowadays. And experts from VantageScore see the delinquency landscape for auto finance potentially deteriorating further when some consumers again must navigate payments of student loans. Auto-loan delinquencies increased across ... [Read More]

ARA & DRN work toward smoothing concerns over LPR

Nick Zulovich, Senior Editor
What perhaps could have festered into a messy situation involving organizations that have worked together so closely in the repossession world has smoothed over in recent days. The American Recovery Association used a white paper to explain notable operational and ... [Read More]

DriveTime collaborates with Girl Gang Garage and Maggie’s Place for vehicle donation

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SubPrime Auto Finance News Staff
Saturday marked the culmination of the Women for Change initiative — a collaboration involving DriveTime, Bogi’s Girl Gang Garage and Maggie’s Place — designed to empower and uplift women in need. The project peaked with the donation of a fully ... [Read More]

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