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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

Centrro Acquires BarNone

Nick Zulovich
OAKLAND, Calif. — On Wednesday, Centrro announced it has purchased BarNone, a provider of specialty finance and consumer services, from First Advantage Corp. Centrro specializes in offering a vertical search engine to help consumers find personal financial products that complement their ... [Read More]

PROCON Launches LoanPlus for Banking Industry to Protect Assets

Nick Zulovich
KNOXVILLE, Tenn. — PROCON is introducing LoanPlus, which will be managed by a new Lender Services division that the company says can help lenders better protect their assets if a consumer defaults. The company's new LoanPlus program is based on GPS telemetrics and is designed ... [Read More]

Reynolds Director to Address Dealer Compliance Issues

Nick Zulovich
DAYTON, Ohio — Dealers concerned with regulatory issues in the auto industry may want to attend the F&I Management and Technology Conference and Expo, which is featuring director of compliance Terry O'Loughlin from Reynolds and Reynolds. "Across the board, dealers I've ... [Read More]

Nicholas Financial Opens New Ohio Office

Nick Zulovich
CLEARWATER, Fla. — Nicholas Financial recently announced the opening of a new branch office in Akron, Ohio. The new location continues the company's planned expansion of its branch office network, which now includes, 49 offices in Florida, Georgia, North Carolina, South ... [Read More]

CPS Issued Deficiency Notice from Nasdaq

Nick Zulovich
IRVINE, Calif. — Consumer Portfolio Services announced it received a staff deficiency letter from Nasdaq on Sept. 15 stating the company has failed to comply with the minimum bid price of $1.00 as required by Rule 5450(a)(1). Under the rule, which affects ... [Read More]

DBRS Says C4C Proves Vehicle Demand Remains, But Consumers Remain Cautious

Nick Zulovich
NEW YORK — According to U.S. Structured Finance, the market for auto loan asset-backed securities has been slowly coming back. This market has been helped in part by the Federal Reserve's Term Asset-Backed Lending Facility, officials indicated. "Also the re-emergence of ... [Read More]

F&I’s SCS Auto Integrates with Impact’s Fusion Menu

Nick Zulovich
CHICAGO — The less time a car buyer has to spend in a dealer's finance or service office, the more likely the person is to be a repeat customer. That's the goal behind The Impact Group's selection of the SCS Auto ... [Read More]

Hudson Cook Attorneys to be Honored by AFSA

Nick Zulovich
HANOVER, Md. — The two veteran attorneys of Hudson Cook are scheduled to receive the American Financial Services Association's 2009 Distinguished Service Award. Fittingly, the honors will be bestowed upon the firm's founding partners, Tom Hudson and Robert Cook. "I know of ... [Read More]

Zoot: Simply Cutting Originations to Lessen Risk Doesn’t Work

Nick Zulovich
BOZEMAN, Mont. — Zoot, a provider of advanced instant credit decisioning and loan origination solutions, recently discovered that financial institutions are having a lot of difficulty with their credit risk policy development due to the quickly changing times. More specifically, part ... [Read More]

Wolters Kluwer Launches RefundOne Q4 for BHPH Dealers

Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced this week that it has launched RefundOne Q4. This program is the latest edition of the company's tax estimation solution for buy-here, pay-here dealerships, allowing them to estimate a customer's 2009 federal tax refund ... [Read More]

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