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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

FNI Pinpoints Top 3 Add-On Product Hazards For Auto Finance Providers

Nick Zulovich
RALEIGH, N.C. — FNI Inc., a collateral protection and consumer benefit program product and compliance agency for auto finance providers,  tackled what president David Bafumo believes are the top hazards to avoid when offering captive or preferred add-on programs. Bafumo ... [Read More]

TransUnion Unveils New Product to Uncover Deeper Insights Into Credit Behavior

Nick Zulovich
CHICAGO — This week,  TransUnion launched an enhanced credit information solution called CreditVision, what the bureau described as a new look in consumer credit data reporting that can allow for deeper insights into credit behavior for both businesses and consumers. ... [Read More]

NextGear Capital Taps Former Agero, ADESA Exec to Be New VP of Commercial Accounts

Nick Zulovich
CARMEL, Ind. — On Tuesday, NextGear Capital appointed a new vice president of commercial accounts who previously worked in the salvage auction industry along with posts at Agero and ADESA. Taking on this new role with NextGear Capital is Bradley ... [Read More]

Del Mar Recovery Solutions Expands Operations into Michigan

Nick Zulovich
CARLSBAD, Calif. — Skip-tracing, repossession and remarketing management firm Del Mar Recovery Solutions recently expanded its call center operations into Grand Rapids, Mich. Company executives highlighted that a year of steady growth across all of their business lines led Del ... [Read More]

Jeff Haynes Tapped to Be First Re3 Executive of the Year

Nick Zulovich
SAN DIEGO — In the second of three new honors to be handed out during Used Car Week, Auto Remarketing and SubPrime Auto Finance News announced the inaugural winner of the Re3 Executive of the Year Award presented by Consolidated ... [Read More]

CPS Assesses Current Competition from Banks and Larger Auto Financing Firms

Nick Zulovich
IRVINE, Calif. — After wrapping up another quarter of net income growth, Consumer Portfolio Services again addressed competition in the subprime auto financing market. However, late last week, instead of touching on startups that are entering the arena, CPS chairman ... [Read More]

J.D. Power: Combined August & September Lease Volume Climbs by 121K Units

Nick Zulovich
CARY, N.C. — Lease subvention climbed more than 5 percent year-over-year in September, which was the first increase in seven months, according to Autodata Corp. data in the latest Guidelines report from NADA Used Car Guide. The report noted that ... [Read More]

New Ohio Finance Company Rolls Out Online Platform

Nick Zulovich
CINCINNATI — A new finance company servicing dealers and consumers in Ohio is now taking credit applications online. Officials from Buckeye Auto Finance explained their online platform is designed to assist potential nonprime purchasers with important approval criteria such as: ... [Read More]

NADA, AIADA Readdress Concerns Over the CFPB and International Trade

Nick Zulovich
DETROIT and ALEXANDRIA, Va. — Two major dealer associations reiterated their concerns about what's happening in Washington, D.C., nowadays, beyond the solution lawmakers hammered out earlier this week to end the partial government shutdown and lift the debt ceiling. First, ... [Read More]

Spireon Names New Chief Information Officer

Nick Zulovich
IRVINE, Calif. — Mobile resource management and business intelligence solutions provider Spireon chose a new chief information officer this week to direct the company's key information technology initiatives. Tapped for the position was Sam Balooch. "Sam is a true information ... [Read More]

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