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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

Westlake and Primeritus Announce Partnership

Nick Zulovich
LOS ANGELES — Westlake Financial Services and Primeritus Financial Services formed a collaborative partnership on Tuesday. Officials highlighted that Primeritus will leverage its recovery management and skip-tracing services to assist Westlake with skip-to-locate services for the finance company's post charge-off ... [Read More]

New Hudson Cook Partner to Establish Oklahoma City Office

Nick Zulovich
HANOVER Md. — Hudson Cook recently added a new partner to establish the firm's new office in Oklahoma City. Joining the provider of legal compliance services is Eric Johnson, who firm leadership said will focus his practice on federal and ... [Read More]

NABD Highlights How Conference Can Help BHPH Flourish in Fertile Environment

Nick Zulovich
HOUSTON — CNW Research indicated more than 15 percent of all used-vehicle sales last month came through the buy-here, pay-here industry. And leaders from the National Alliance of Buy-Here, Pay-Here Dealers want to equip operators to secure an even larger ... [Read More]

Ally Financial Announces Renewal of $11B in Credit Facilities

Nick Zulovich
DETROIT — Ally Financial completed the renewal of $11 billion in credit facilities at both the parent company and at its banking subsidiary, Ally Bank, with a syndicate of 19 lenders. Last week, officials highlighted the secured facilities can be ... [Read More]

New Endorsement in Florida Keeps VINtek’s Growth Momentum Going

Nick Zulovich
PHILADELPHIA — As the company recently received an endorsement from the Florida Bankers Association, VINtek reported a 28-percent increase in new customer signings in 2012 for its collateral management services, electronic lien and title services and direct finance processing for ... [Read More]

Primeritus Financial Services Sells 2 Recovery Businesses

Nick Zulovich
NASHVILLE, Tenn. — Primeritus Financial Services announced the sale of two of its subsidiaries last week. Officials confirmed that Primeritus sold Repossessions Unlimited operating in Florida and Extreme Recovery in California.   In the first transaction, Chris Fazio purchased Primeritus' ownership ... [Read More]

VantageScore Solutions Introduces Newly Constructed Credit Scoring Model

Nick Zulovich
STAMFORD, Conn. — This week, VantageScore Solutions — the company behind the VantageScore credit scoring model – rolled out its newly constructed credit scoring solution, VantageScore 3.0. The company highlighted the new model provides up to 25 percent predictive improvement ... [Read More]

More Improvements for 2013: SubPrime’s New Digital Edition

Nick Zulovich
CARY, N.C. — You might have already noticed the new look SubPrime Auto Finance News unveiled to begin this year. The graphic design team created a new look that's fresh and crisp to enhance the information and analysis you've come ... [Read More]

Nowcom and PayPros Offer Enhanced Payment Functionality in DealerCenter’s DMS

Nick Zulovich
NEWARK, Calif. — Nowcom Corp. and PayPros announced new integrated payment functionality within DealerCenter this week. Officials highlighted the payments solution from PayPros and Nowcom now can allow dealerships to run their entire operations from a single program. They explained ... [Read More]

NVLA Conference Assembles Day-Long Program Focused on LHPH

Nick Zulovich
HANOVER, Md. — With more buy-here, pay-here dealers considering leasing activity, the National Vehicle Leasing Association put together a special educational track focused on the lease-here, pay-here industry for its annual conference next month. The comprehensive day-long program on the ... [Read More]

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