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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

Regional Acceptance Names Collection Agency of the Year

Nick Zulovich
GREENVILLE, N.C. — On Monday, Regional Acceptance Corp. named its 2008 Collection Agency of the Year. Accepting this honor is accounts receivable management firm Central Credit Services. This is the fourth year Regional has handed out a Collection Agency of the ... [Read More]

Consumer Perception of Loan Rejection Leads Industry to Lose $10 Billion in 1Q Auto Sales

Nick Zulovich
BANDON, Ore. — The average FICO score for a new-vehicle buyer hit its lowest level since May 2006, according to the latest CNW Research data. This figure came in at 722 in March and includes buyers who financed, leased and paid ... [Read More]

Strategic Marketing Launches Money-Bank Guarantee for Dealers

Nick Zulovich
LOUISVILLE, Ky. — Strategic Marketing recently announced it is now offering direct mail with a no-risk, money back guarantee. This program can give dealers assurance that their advertising funds will be protected and refunded by Strategic Marketing if a certain return ... [Read More]

CarBiz Launches New Web Site

Nick Zulovich
SARASOTA, Fla. — CarBiz announced today that it has launched a new lease-here, pay-here Web site. CarBiz officials said they offer a variety of services to consumers and dealers from buying cars to providing financing and leasing, as well as operating ... [Read More]

VINtek Introduces Dealer Monitoring Program for Lenders

Nick Zulovich
ORLANDO, Fla. — Philadelphia-based VINtek, a provider of automotive collateral management services and direct auto finance solutions for banks, credit unions and other auto finance lenders, announced the launch of its Dealer Monitoring Program. The new offering is a risk ... [Read More]

KeyBanc Predicts Resurgence in New-Vehicle Sales Over Next Several Months

Nick Zulovich
CLEVELAND — The rising demand for used vehicles and loosening of financing will soon translate into increased demand for new-vehicle sales, according to the latest report from KeyBanc. Driving this expected ramp up of demand are improving retail auto financing and ... [Read More]

Wachovia Dealer Services Joins AppOne Platform

Nick Zulovich
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, announced today that Wachovia Dealer Services, a Wells Fargo Co., has joined its platform. Wachovia Dealer Services, the fifth-largest auto finance company in the nation, will purchase automotive retail ... [Read More]

RouteOne Teams Up with DealerCentric to Assist Dealers

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced that it has completed integration with DealerCentric. DealerCentric can enable dealers to capture and convert leads to credit applications and qualify online or offline consumers to specific vehicles and lender programs at the beginning of ... [Read More]

Westlake Financial Enters New State

Nick Zulovich
LOS ANGELES — Westlake Financial Services recently announced its expansion into a new state — the Louisiana market. This brings Westlake's operations to a total of 36 states. Contracts for Louisiana will be accepted starting April 20. Geoff Branda, vice president of IT ... [Read More]

Louisiana Credit Union First to Join AppOne’s Credit Union Platform

Nick Zulovich
BATON ROUGE, La. — AppOne, a part of Wolters Kluwer Financial Services, announced that it has added the first credit union on its credit union platform. Joining this platform is Dow Louisiana Federal Credit Union. Using the AppOne platform, DLFCU is ... [Read More]

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