Dates set for Automotive Intelligence Summit 2019
Monday, Nov. 5, 2018, 04:59 PM
Auto Fin Journal Staff
Used Car Week 2018 is straight ahead. Along with finalizing plans for the industry-leading gathering in Scottsdale, Ariz., Cherokee Media Group also is preparing to build off of the sterling foundation established during the inaugural Automotive Intelligence Summit. Experts and ... [Read More]
New Dealertrack platform designed to streamline buying and financing
Monday, Nov. 5, 2018, 04:53 PM
Nick Zulovich, Senior Editor
Technologically forward consumers often order their coffee ahead of time and pick it up at the counter, spending less time in the shop than it took you to read this sentence. Well, Dealertrack wants to help dealerships and finance companies ... [Read More]
Carvana’s latest moves involve Ally for funds and Disney for laughs
Friday, Nov. 2, 2018, 02:33 PM
Auto Fin Journal Staff
Two developments surfaced on Friday involving Carvana; one involving a serious amount of financing capacity and the other much more light-hearted as an effort to drum up interest in the online used-vehicle retailer. First the funds as Ally Financial announced ... [Read More]
Darwin launches pilot of Amazon-like F&I platform
Wednesday, Oct. 31, 2018, 03:30 PM
Auto Fin Journal Staff
Platforms like Amazon give consumers the pathway to purchase everything from mechanical pencils to a drone in the middle of the afternoon or night with just a few swipes on a smart device. Now Darwin Automotive is putting F&I software ... [Read More]
Former CDK Global exec to lead Equifax auto segment
Monday, Oct. 29, 2018, 02:06 PM
Auto Fin Journal Staff
Equifax has a new leader for its automotive endeavors. On Monday, Equifax named Byron McDuffee as automotive general manager to be responsible for leading the company’s automotive business, focusing on expanding enterprise solutions sales opportunities within the automotive market, as ... [Read More]
AFSA reveals new board and executive staff succession plan
Wednesday, Oct. 24, 2018, 03:59 PM
Auto Fin Journal Staff
Significant changes are in motion within the American Financial Services Association (AFSA). On Wednesday, AFSA announced that its board of directors has elected a new chairman, chair-elect and vice chairman-treasurer for the next 12 months. Additionally, the board approved a ... [Read More]
Experian, FICO and Finicity to pilot UltraFICO credit score
Tuesday, Oct. 23, 2018, 02:55 PM
Auto Fin Journal Staff
A trio of companies are joining forces to revamp the credit score. Experian, FICO and Finicity announced a new credit score this week during the Money 20/20 USA conference. The new score, called UltraFICO Score, leverages account aggregation technology and ... [Read More]
Dealertrack broadens contracting solution availability for Hyundai and Kia dealers
Monday, Oct. 22, 2018, 03:56 PM
Auto Fin Journal Staff
Dealertrack now has a closer relationship with two captive finance companies. On Monday, Dealertrack announced the expansion of its partnership with Hyundai Motor Finance and Kia Motors Finance making Dealertrack Contracting available in 39 states, including Texas, California, New York, ... [Read More]
TruDecision welcomes Kennedy as chief operating officer
Monday, Oct. 22, 2018, 02:06 PM
Auto Fin Journal Staff
Another client-service provider relationship has evolved into one of executive teammates. TruDecision, a fintech company providing sophisticated applications of artificial intelligence, machine learning and other quantitative tools to dealers and finance companies, has named Joel Kennedy its chief operating officer. ... [Read More]
truPayments unveils tru Shop-by-Payment
Wednesday, Oct. 17, 2018, 03:56 PM
Auto Fin Journal Staff
Since oftentimes potential buyers are cruising website and making considerations based on their monthly budget, truPayments recently introduced tru Shop-by-Payment and the ShopByPayment.com website. Company officials explained that tru Shop-by-Payment is a Software-as-a-Service product for dealers and finance companies aimed ... [Read More]