Fortellis Automotive Commerce Exchange platform gains more involvement
Wednesday, Sep. 12, 2018, 03:36 PM
Auto Fin Journal Staff
Rather than rowing the technology boat alone, leading automotive service providers are continuing to collaborate as evident by this week’s development involving CDK Global, AutoFi and Equifax. CDK Global announced that AutoFi has agreed to consume digital retailing application programming ... [Read More]
Auto Fin Journal’s first honorary group of Women in Auto Finance
Friday, Sep. 7, 2018, 06:37 PM
Auto Fin Journal Staff
They specialize in crucial skills such as accounting, computer science and law. They hold some of the most important positions at their respective companies. They provide critical guidance and produce high-level results. Continuing the Cherokee Media Group series of award ... [Read More]
Fair continues upward trajectory, arriving in Chicago
Friday, Sep. 7, 2018, 03:53 PM
Auto Finance Journal Staff
After experiencing 40 percent month-over-month customer growth for the last two quarters, Fair is now in the Windy City. Fair, the used-vehicle subscription company that has had its app in the Apple Store for a year, launched in Chicago on ... [Read More]
One year after App Store debut, Fair growth accelerates
Wednesday, Sep. 5, 2018, 04:35 PM
Joe Overby, Senior Editor
Exactly one year ago, Fair made its debut in the Apple App Store. Flash forward to Wednesday, the used-vehicle subscription company announced it has seen 40 percent month-over-month customer growth for the last two quarters, while also noting a few ... [Read More]
BillingTree survey reinforces mobile as path to customer retention
Wednesday, Sep. 5, 2018, 03:57 PM
Auto Finance Journal Staff
Of course, auto finance companies want their customers to send payments as dictated by the agreement finalized at delivery. But the latest survey from BillingTree showed that providers realize how they can help their contract holders maintain monthly commitments is ... [Read More]
Ally departs RV and transportation equipment finance businesses
Wednesday, Aug. 29, 2018, 03:33 PM
Auto Finance Journal Staff
Rather than further diversify its portfolio, Ally Financial announced on Wednesday that it will condense its sphere. In an effort to leverage its strengths, better optimize capital allocation and provide even more focused dealer support, Ally said it is taking ... [Read More]
Shift in F&I presentation could pay dividends
Wednesday, Aug. 22, 2018, 07:38 PM
Joe Overby, Staff Writer
Sometimes, making a move to the “closer” position pays off. Like in 2002, when ace pitcher and 2015 Hall of Fame inductee John Smoltz promptly posted 55 saves, a National League record, during his first full year as closer for the ... [Read More]
TransUnion expands suite to accommodate mobile auto-finance activity
Wednesday, Aug. 22, 2018, 03:48 PM
Auto Finance Journal Staff
TransUnion is leveraging a relationship with one of its strategic partners to cater to consumers who expect results — like the availability of auto financing — to appear within a few swipes on a smartphone. To meet the evolving needs ... [Read More]
Every dollar of online fraud costs companies nearly $3
Monday, Aug. 20, 2018, 03:43 PM
Auto Finance Journal Staff
While the auto finance industry certainly is taking steps to reduce its exposure, the latest analysis from LexisNexis Risk Solutions showed how much rampant fraud still is happening in the greater retail sector. In fact, findings from its comprehensive "2018 ... [Read More]
J.D. Power study proves people still matter in auto financing
Wednesday, Aug. 15, 2018, 01:37 PM
Auto Finance Journal Staff
As much as iPads, artificial intelligence and consistently updated software proliferate auto financing, the J.D. Power 2018 U.S. Dealer Financing Satisfaction Study released this week maintained just how important people remain. J.D. Power found that dealers are leaning heavily on ... [Read More]