PODCAST: 5 experts on status & future of modern car buying
Wednesday, May. 24, 2023, 09:32 AM
Auto Fin Journal Staff
Next up on our series of podcasts from April’s Auto Intel Summit & NRC Spring Summit is another panel discussion, moderated by RouteOne’s Alexander Mandeville that features Colton Ray of FUSE Autotech, Mike Sailor of CDK Global, Steve Wittman of ... [Read More]
LexisNexis Risk Solutions: Digital cybercrime attack rate up 20%
Monday, May. 22, 2023, 11:06 AM
Auto Fin Journal Staff
Last week, LexisNexis Risk Solutions released the results of its annual Cybercrime Report, an analysis of data from 79.8 billion transactions processed through its LexisNexis Digital Identity Network throughout 2022. The report titled, “Trust and Collaboration as Foundations to Fight ... [Read More]
Car IQ collaborates with HF Sinclair for fleet fuel payment platform
Monday, May. 22, 2023, 11:04 AM
Auto Fin Journal Staff
Car IQ is looking to help fleets get needed fuel faster. On Monday, the provider of vehicle payment solutions announced an agreement with HF Sinclair Refining & Marketing, a subsidiary of HF Sinclair, allowing fleets to fuel vehicles using Car ... [Read More]
2 Pennsylvania credit unions to merge
Wednesday, May. 17, 2023, 11:56 AM
Auto Fin Journal Staff
Two Pennsylvania credit unions are merging. First Commonwealth Federal Credit Union in Allentown and Bellco Federal Credit Union in Wyomissing said on Wednesday that they have jointly agreed to merge, pending approval from the National Credit Union Administration (NCUA) and ... [Read More]
TransUnion: Nearly 15% of drivers allow insurance coverage to lapse
Wednesday, May. 17, 2023, 11:54 AM
Auto Fin Journal Staff
Along with detailing how much risk is on the roads nowadays, perhaps TransUnion poured a little cold water on the strategy employed by some dealerships when they can help vehicle buyers look for a better rate on their car insurance ... [Read More]
6 capabilities of Point Predictive’s newest tool, BorrowerCheck 3.0
Monday, May. 15, 2023, 11:25 AM
Auto Fin Journal Staff
Point Predictive recently launched its newest solution, BorrowerCheck 3.0, to help auto finance companies, dealerships and other companies involved in financial services. The San Diego-based company that provides artificial intelligence solutions powered by more than 22 billion proprietary risk attributes ... [Read More]
LexisNexis Risk Solutions report highlights auto insurers’ challenges
Monday, May. 15, 2023, 11:11 AM
Auto Fin Journal Staff
With more consumers considering their insurance options while securing auto financing and taking delivery at dealerships, potential ramifications surfaced as LexisNexis Risk Solutions released its 2023 U.S Auto Insurance Trends Report. LexisNexis Risk Solutions aggregates annual market data about driving ... [Read More]
JM Family reveals 3 executive promotions, including at JM&A Group and Southeast Toyota Finance
Friday, May. 12, 2023, 10:26 AM
Auto Fin Journal Staff
JM Family Enterprises announced three executive leadership changes this week in an effort to prepare for the future and continue positioning its core automotive companies to seize opportunities amid the industry’s shifting landscape. According to a news release, Dan Chait, ... [Read More]
Experian to roll out new U.S. fintech data network to combat fraud
Wednesday, May. 10, 2023, 11:56 AM
Auto Fin Journal Staff
Amid an uptick in fraud across the fintech industry, Experian on Wednesday introduced a fintech-focused version of its Experian’s Hunter network to the United States. Experian highlighted this new U.S. fintech data network already has participation commitments from nine leading ... [Read More]
Bain & Ashling partner to provide consulting, capitalize on automation acceleration
Wednesday, May. 10, 2023, 11:54 AM
Auto Fin Journal Staff
On Wednesday, Bain & Company formed a strategic alliance with Ashling Partners, a leading global provider of automation consulting and implementation services and an industry-recognized expert in these fields. Bain is also directly investing in Ashling to deepen its collaboration ... [Read More]