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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

AmeriCredit Sees Now as the Best Time for Originations

Nick Zulovich
FORT WORTH, Texas — Dan Berce, AmeriCredit chief executive officer and president, explained Wednesday that now is the optimal period of time to produce new-loan originations since the economic conditions have begun to stabilize and improve. And as such, the company ... [Read More]

Successful Test Program Pushes Westlake, NCCI to Deepen Partnership

Nick Zulovich
LOS ANGELES — Westlake Financial Services cited the success of a recent test program with National Creditors Connection as the reason to expand a partnership with the field contact service provider. Executives highlighted that NCCI's tool helped to improve contact and ... [Read More]

Texas Credit Union Joins AppOne

Nick Zulovich
AUSTIN, Texas — A+ Federal Credit Union, one of the largest operations in the Texas state capital, recently broadened its relationship with Wolters Kluwer Financial Services. A+FCU officials announced they're joining Wolters Kluwer's AppOne platform for indirect lending, credit approval and compliance ... [Read More]

CNW: 2010 BHPH Sales Likely to Soar to 2.37 Million

Nick Zulovich
BANDON, Ore. — According to CNW Research's Art Spinella, tough economic times are dramatically driving up the growth of buy-here, pay-here lots throughout the country. "Back in the day, such operations were typically small, dusty outlets with marginal vehicles where a ... [Read More]

PAR, SWBC Partner to Bring Remarketing, Repo Offerings to Credit Unions

Nick Zulovich
CARMEL, Ind. — On Monday, ADESA announced that its subsidiary, PAR North America, has teamed up with SWBC to bring credit unions a suite of automotive asset risk and account management services. SWBC is one of the nation's largest privately held ... [Read More]

Edmunds.com: Average Vehicle Loan Interest Rate Drops to Record Low

Nick Zulovich
SANTA MONICA, Calif. — Edmunds.com analysts discovered that the average automobile finance rate in March dropped to the lowest level since they began tracking records back in 2002. The site indicated that the average rate last month dropped to 4.4 percent. Meanwhile ... [Read More]

AFSA Launches Revamped Web Site

Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association launched a revamped Web site this week, that in addition to a new look, also includes a number of new features. "I'd like to point out some of the most useful features. The ... [Read More]

Wolters Kluwer Broadens Arrangement with First Advantage CREDCO

Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services and First Advantage CREDCO recently expanded their relationship to reach more dealers in the non-automobile market segment. Executives highlighted that marine, recreational vehicle, motorcycle and powersports dealerships now can acquire credit reports through ... [Read More]

Chase Grows Auto Originations

Nick Zulovich
NEW YORK — In reporting its first-earnings, Chase announced that auto originations are up both year-over-year and quarter-over-quarter. According to officials, the "increase is driven by market share gains in prime segments and new manufacturing relationships." More specifically, auto originations are ... [Read More]

Mercedes-Benz Financial Launches iPad App for Customers

Nick Zulovich
FARMINGTON HILLS, Mich. — Mercedes-Benz Financial announced it has received approximately $2.5 million in payments from customers via their mobile devices since launching its iPhone app last October. Given this success, the company has decided to launch an iPad app as ... [Read More]

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