Details of NETSOL’s launch of Hubex API library to help dealers & vendors
Wednesday, May. 10, 2023, 11:51 AM
Auto Fin Journal Staff
This week, NETSOL Technologies announced the launch of Hubex, an API library that can enable companies to standardize all their API integration procedures across multiple API services through a single integration. Hubex is NETSOL’s second product offering from the AppexNow ... [Read More]
New originations tool for credit unions surfaces from Origence, Zest AI relationship
Wednesday, May. 10, 2023, 11:50 AM
Auto Fin Journal Staff
Within days of announcing its revamped board of directors, Origence bolstered its relationship with Zest AI to launch a tool tailored for credit unions to book quality paper at lower credit tiers. Zest Auto is an automated underwriting model powered ... [Read More]
Pagaya makes 2 executive hires with eyes on auto
Monday, May. 8, 2023, 11:30 AM
Auto Fin Journal Staff
Pagaya Technologies reinforced its executive team focused on automotive to deliver artificial intelligence infrastructure for the financial ecosystem. Giancarlo Marchesi has joined Pagaya as general manager to oversee the auto and personal lending businesses. Pagaya highlighted Marchesi is well-versed in ... [Read More]
Origence reveals new board officers & members
Monday, May. 8, 2023, 11:29 AM
Auto Fin Journal Staff
Origence announced results of its board of directors election conducted during the company’s annual shareholders meeting. The new board members for the provider of technology solutions for credit unions are: —Bob McKay, president & CEO of Together Credit Union of ... [Read More]
PODCAST: What AI could do for the car-buying experience
Wednesday, May. 3, 2023, 11:26 AM
Auto Fin Journal Staff
Justin Davis of Point Predictive reappeared on Auto Remarketing Podcast for a conversation recorded during the recent Auto Intel Summit in Raleigh, N.C. Davis recapped his presentation about how artificial intelligence can improve the car-buying process for consumers along with ... [Read More]
Octane launches extension of soft-pull credit tool for RV & powersports dealers
Wednesday, May. 3, 2023, 11:23 AM
Auto Fin Journal Staff
Octane announced an extension of its suite of soft-pull ecommerce tools for RV and powersports dealerships, smoothing a path to its in-house finance company. The fintech launched Octane Prequal to boost Prequal Flex, which is a dedicated webpage that is ... [Read More]
CFPB, FTC, DOJ & EEOC address AI with latest regulatory statement
Monday, May. 1, 2023, 11:18 AM
Auto Fin Journal Staff
Artificial intelligence has the attention of the Consumer Financial Protection Bureau along with three other federal regulatory agencies. Last week, the CFPB, together with the Civil Rights Division of the Department of Justice, the Federal Trade Commission, and the U.S. ... [Read More]
Upstart gains digital retail approval from ninth OEM
Wednesday, Apr. 26, 2023, 03:38 PM
Auto Fin Journal Staff
Upstart, which offers an auto financing marketplace fueled by artificial intelligence, announced on Wednesday that Upstart Auto Retail was selected by Mercedes-Benz as an approved digital retail provider for its franchised dealerships. Upstart’s vehicle-buying software is now available to Mercedes-Benz ... [Read More]
Wolters Kluwer shares Q1 Auto Finance Digital Transformation Index
Wednesday, Apr. 26, 2023, 11:55 AM
Auto Fin Journal Staff
This week, Wolters Kluwer announced first quarter results and analysis from its Auto Finance Digital Transformation Index, a key resource that tracks the rate at which dealers, service providers and auto finance companies are seeing growth in the evolution from ... [Read More]
CULA grows leasing base again with Dort Financial CU
Wednesday, Apr. 26, 2023, 11:55 AM
Auto Fin Journal Staff
Credit Union Leasing of America (CULA) said this week that it has been selected by Dort Financial Credit Union to launch its indirect vehicle leasing program, further extending CULA’s reach into Michigan, which is historically one of the highest vehicle-leasing ... [Read More]