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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

AppOne’s CEO Shares Details of RouteOne Partnership

Nick Zulovich
BATON ROUGE, La., and FARMINGTON HILLS, Mich. — While AppOne started discussions with RouteOne about 90 days ago, AppOne's chief executive officer said a deal was only broached seriously about three weeks ago. Independent dealers will benefit from the partnership ... [Read More]

Chase Auto Finance Opens New Subprime Center

Nick Zulovich
PASADENA, Calif. — Chase Auto Finance recently announced it has opened a new Custom Finance Business Center to meet the subprime financing needs of Los Angeles area dealers. Throughout California, Chase provides a full spectrum of services to dealers through ... [Read More]

AppOne Forms Alliances to Boost Aftermarket Services

Nick Zulovich
BATON ROUGE, La. — AppOne — a provider of Internet-based risk mitigation and financial technology to banks, auto finance companies and independent dealers — announced that it has entered into two alliances to increase aftermarket support for its nationwide dealer ... [Read More]

Finance Express President Shares Benefits of RouteOne Partnership

Nick Zulovich
RANCHO SANTA MARGARITA, Calif., and FARMINGTON HILLS, Mich. — Finance Express and RouteOne executives first began discussing an alliance a year and a half ago; however, it wasn't until the last month or so that the two companies entered into ... [Read More]

Carbiz Plans Expansion to 15 Stores, New CFO Named

Nick Zulovich
SARASOTA, Fla. — Carbiz recently announced plans to expand from three stores to 15, in addition to appointing Stanton Heintz as the company's chief financial officer. The company specializes in the buy-here, pay-here segment of the market in Florida. "We ... [Read More]

Chrysler Financial Expands Alliance with CitiFinancial Auto

Nick Zulovich
FARMINGTON HILLS, Mich. — Chrysler Financial, a unit of DaimlerChrysler Financial Services Americas, recently announced it has expanded its non-prime financing alliance with CitiFinancial Auto. "Chrysler Financial is delighted to join with CitiFinancial Auto in support of our Chrysler, Jeep ... [Read More]

Experian Enhances Anti-Money Laundering Detection Platform

Nick Zulovich
COSTA MESA, Calif., and TORONTO — Experian recently announced enhancements to its anti-money laundering detection platform to provide additional capabilities and flexibility for financial institutions as they monitor, investigate and report suspicious monetary activity. The company has added advanced risk ... [Read More]

Lee & Mason of Maryland Offers Debt Protection Programs for Auto Lenders

Nick Zulovich
HUNT VALLEY, Md. — Lee & Mason of Maryland Inc. is now offering auto lenders an innovative new program called Debt Protection that is designed to help increase loan contract volume, decrease delinquencies, increase fee income and more. Debt Protection ... [Read More]

Flex Fund Financial Services Introduced

Nick Zulovich
NEWPORT BEACH, Calif. — Several industry veterans recently launched Flex Fund Financial Services to provide used-inventory floor-planning services for dealers and salvage buyers. Discussing the new company's services with SubPrime Auto Finance News, Cliff James, Flex Fund's chief executive officer ... [Read More]

GMAC Finds Consumers Need Better Credit Report Knowledge

Nick Zulovich
DETROIT — In a recent survey, GMAC discovered that the majority of consumers are well-informed about the vehicle-purchasing process; however, executives said shoppers could take more time to understand their credit scores before reviewing financing options. Meanwhile, AAA reports that ... [Read More]

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