Last week, Cox Automotive rolled a path to gain more dealer feedback for vAuto. This week, the company used dealer feedback to roll out upgrades for VinSolutions. And according to a Cox Automotive news release, dealers already appreciate the improvements, which include: —Predictive Insights with GenAI: Turns Cox Automotive’s real-time behavioral, transactional, and dealership first-party […] [Read More]

Solifi CEO Dan Corazzi said, “Automotive finance is one of the clearest examples of why connected technology matters.” Corazzi made that assertion on Tuesday when Solifi announced that it has acquired Inovatec Systems Corp., a cloud-based lending technology provider serving banks, captive finance organizations, credit unions, and specialty lenders across North America. According to a […] [Read More]

Informed has a new chief executive officer with plans on expanding beyond auto lending into adjacent verticals. On Monday, the artificial intelligence-powered platform that helps lenders verify applications, detect fraud, and accelerate loan funding across auto and consumer lending appointed Daniel Sogorka to the leadership position. Informed highlighted the transition reflects its next phase of […] [Read More]

The Federal Trade Commission issued a consumer alert on Tuesday related to fraudulent online dealership listings, which Point Predictive chief fraud strategist Frank McKenna described in vivid detail more than a year ago. The FTC described a similar strategy that McKenna mentioned, with officials saying in their alert, “Scammers set up bogus car dealership websites […] [Read More]