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The real cost of inaction when it comes to transport fraud
Thursday, Jan. 29, 2026, 03:30 PM
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More dialogue about current complexities of fleet management with David Prusinski of Vehicle Management Systems (VMS)
Thursday, Jan. 29, 2026, 03:30 PM
A limited number of qualified maintenance technicians. A robust mix of gasoline-, diesel- and electric-fueled vehicles. There’s no shortage of challenges for fleet managers nowadays. To help wade through the environment with valuable perspectives, David Prusinski, who is CEO of ... Listen Here
Lenders, forwarders & agents discuss repo bottlenecks
Wednesday, Jan. 28, 2026, 07:16 PM
In another of the Used Car Week 2025 panel discussions focused on repossessions and recoveries, AutoSquared.ai co-founder Bahador Rahimi led a conversation that included lenders, forwarders and agents. The group exchanged ideas about how industry firms can smooth the bottlenecks ... Listen Here

PAR elevates Williams to senior director of sales and client relations

Wednesday, Dec. 13, 2023, 11:43 AM
SubPrime Auto Finance News Staff
On Wednesday, PAR — OPENLANE’s business unit that oversees asset recoveries, manages cycle times, maximizes returns and reduces risk for banks, captives, credit unions and other auto finance companies — announced the promotion of Jeff Williams to senior director of ... [Read More]

Details of REPAY-AKUVO partnership for enhanced collections

cloud computing
Wednesday, Dec. 13, 2023, 11:41 AM
SubPrime Auto Finance News Staff
REPAY and AKUVO finalized a partnership this week aimed at improving collections. According to a news release, REPAY’s integration with Aperture, AKUVO’s collections management software, can enable financial institutions to accept digital payments, while utilizing a secure, real-time data exchange ... [Read More]

UPDATED: NADA pushes back against FTC’s ‘heavy-handed’ vehicle-purchasing rule

Tuesday, Dec. 12, 2023, 04:15 PM
Nick Zulovich, Senior Editor
Editor’s note: Our report now includes comments from the National Independent Automobile Dealers Association (NIADA). The Federal Trade Commission said its newest rule released on Tuesday will prevent “bait-and-switch tactics and hidden junk fees” when consumers purchase vehicles. The FTC ... [Read More]

Auto credit tightens in November

Tuesday, Dec. 12, 2023, 10:18 AM
SubPrime Auto Finance News Staff
November typically contains a variety of enticement offerings to get consumers to spend on holiday gifts. Evidently, finance companies didn’t take that approach to stimulate automotive retail activity like what might have happened for electronics or home and personal items. ... [Read More]

Mixed trends surface as Fed approaches last rate move of 2023

money-key
Monday, Dec. 11, 2023, 11:04 AM
SubPrime Auto Finance News Staff
Experts see the Federal Reserve leaving interest rates unchanged when policymakers have their last opportunity of the year to make a modification later this week. The expectation comes in part because of rising consumer sentiment, which happens to be going ... [Read More]

Fed governor asks 3 questions about financial inclusion

Friday, Dec. 8, 2023, 10:47 AM
SubPrime Auto Finance News Staff
Michelle Bowman, one of the seven members of the board of governors at the Federal Reserve, appeared via online video this week for a conference hosted by the Aspen Institute about financial inclusion. While Bowman didn’t speak about subprime auto ... [Read More]

USED CAR WEEK 2023 PODCAST: State of Auto Financing

Thursday, Dec. 7, 2023, 10:39 AM
SubPrime Auto Finance News Staff
We continue our series on the Auto Remarketing Podcast highlighting some of the panels and presentations from Used Car Week 2023. The episode focuses on the State of Auto Financing with a conversation featuring Doug Busk of Credit Acceptance, Andre ... [Read More]

TransUnion & Datos Insights examine communications & other elements influencing third-party collections

collections
Wednesday, Dec. 6, 2023, 12:13 PM
SubPrime Auto Finance News Staff
TransUnion and Datos Insights took an extensive look into third-party collections on all fronts, uncovering the depth professionals are trying to communicate with debtors nowadays. Researchers found nearly all third-party collections companies (98%) use letters to reach consumers. However, TransUnion ... [Read More]

700Credit completes integration with Revvable to provide credit, compliance & prescreen solutions

credit report image
Wednesday, Dec. 6, 2023, 12:08 PM
SubPrime Auto Finance News Staff
This week, 700Credit finalized its sixth industry relationship of the year to help dealerships and finance companies. The newest one involves the provider of credit reports, compliance solutions, soft pull, ID verification and fraud detection products working with Revvable, which ... [Read More]

Open Lending claims 2023 NAFCU Innovation Award

Award_47
Wednesday, Dec. 6, 2023, 12:07 PM
SubPrime Auto Finance News Staff
Open Lending has another reason to celebrate this holiday season. The enablement and risk analytics solutions provider for financial institutions announced this week that it has been selected as a winner of the 2023 NAFCU Innovation Award for its enhanced ... [Read More]

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