PODCAST: What happened over the summer on the fraud front
Friday, Sep. 15, 2023, 10:12 AM
Auto Fin Journal Staff
Point Predictive chief fraud strategist Frank McKenna returned for his regular visit on the Auto Remarketing Podcast and recapped some of the most notable developments connected to fraud that happened over the summer. McKenna also touched on how much artificial ... [Read More]
Northeast Credit Union taps CULA for indirect vehicle leasing
Wednesday, Sep. 13, 2023, 12:07 PM
Auto Fin Journal Staff
Northeast Credit Union recently selected Credit Union Leasing of America (CULA) to bring its indirect vehicle leasing program to credit union members in New Hampshire and Maine. With this partnership, the Portsmouth, N.H.-based institution that has more than $2 billion ... [Read More]
Survey: Dealers & OEMs have chance to build lasting loyalty via timely payouts
Wednesday, Sep. 13, 2023, 12:07 PM
Auto Fin Journal Staff
Onbe, a corporate disbursements platform that is involved with test drive incentives, auto rebates and settlement payments, recently released the findings from its Summer 2023 Auto Survey. The survey polled 732 vehicles shoppers, aiming to better understand their preferences when ... [Read More]
Accelerate2Compliance forms partnership with Privacy4Cars
Wednesday, Sep. 13, 2023, 12:03 PM
Auto Fin Journal Staff
Accelerate2Compliance (A2C) reinforced its Federal Trade Commission compliance solutions for automotive dealerships to help protect from the risks associated with cyber security attacks, personal information leaks, and non-compliance penalties. A2C did this by launching a strategic partnership with Privacy4Cars and ... [Read More]
Access Capital upgrades to Solifi’s SaaS asset-based lending solution
Monday, Sep. 11, 2023, 11:48 AM
Auto Fin Journal Staff
Access Capital, a privately owned asset-based lending firm based in New York, last week upgraded from its on-premise system to Solifi ABL on Open Finance Platform. In addition to upgrading to the newest version, a news release indicated Access Capital ... [Read More]
Bloomberg brings alternative data into company evaluations
Monday, Sep. 11, 2023, 11:46 AM
Auto Fin Journal Staff
Alternative data isn’t just for evaluating consumers during the underwriting process. It’s now being used to evaluate entire companies, too. Last week, Bloomberg announced the introduction of a new alternative data function — ALTD <GO> — on the Bloomberg terminal. ... [Read More]
Finastra makes LaserPro available in the cloud
Wednesday, Sep. 6, 2023, 10:49 AM
Auto Fin Journal Staff
Finastra announced on Wednesday that LaserPro — its loan document preparation system used by more than 2,500 financial institutions — is now available in the cloud. Finastra highlighted this strategic launch of LaserPro in the cloud is geared to streamline ... [Read More]
PaymentVision rolls out campaign focused on cash
Wednesday, Aug. 30, 2023, 12:23 PM
Auto Fin Journal Staff
PaymentVision doesn’t want businesses of all stripes to forget that sometimes consumers still want to pay their bills with cash. The payment processing solutions provider launched a campaign urging billers across industries to embrace the importance of consumer choice by ... [Read More]
Alfa completes review to join AWS Partner Network
Wednesday, Aug. 23, 2023, 12:32 PM
Auto Fin Journal Staff
Earlier this week, Alfa announced the completion of the Amazon Web Services (AWS) Foundational Technical Review (FTR) for Alfa Cloud, its single-tenant software-as-a-service product. The achievement completed by the provider of software for the asset finance industry also meant acceptance ... [Read More]
2 reports detail intensifying search for affordable car insurance
Wednesday, Aug. 23, 2023, 12:27 PM
Auto Fin Journal Staff
Separate reports from TransUnion and LexisNexis Risk Solutions indicated consumers are shopping for new car insurance nowadays with similar intensity as they are for a different vehicle. As dealerships continue to offer insurance solutions in their F&I offices, findings from ... [Read More]