Post Tagged with: "technology"

China’s Auto Finance Industry is Booming, Expected $265 Billion Market by 2021

China’s Auto Finance Industry is Booming, Expected $265 Billion Market by 2021

September 21, 2017 at 12:22 pm 0 comments

China’s auto finance market could hit $265 billion (RMB 1.75 trillion) by 2021, which is more than a quarter of the U.S. market today, according to the 125-page long Chinese Automotive Finance Industry Report, 2017-2021. The Chinese auto finance market approached $152 billion (RMB 1 trillion) in 2016 and isRead More

Nominations Close Tomorrow for Excellence Awards

Nominations Close Tomorrow for Excellence Awards

September 14, 2017 at 11:08 am 0 comments

Tomorrow is the deadline to submit nominations for the 2017 Auto Finance Excellence Awards, which recognize executives and companies that have made great contributions to auto lending and leasing in the past year. Among other accomplishments, executives or companies may be nominated for: • notable acquisitions that have changed the autoRead More

Deadline Nears for Excellence Awards

Deadline Nears for Excellence Awards

September 6, 2017 at 12:51 pm 0 comments

With just over a week to go before the Sept. 15 deadline, now’s the time to submit nominations for the 2017 Auto Finance Excellence Awards, which have annually since 2005 recognized executives and companies that have made great contributions to auto lending and leasing in the past year. Among otherRead More

Fintech Startup Pursues Captive Partners for Loan Engine

Fintech Startup Pursues Captive Partners for Loan Engine

August 22, 2017 at 10:00 am 0 comments

Fintech startup SuperMoney is scouting captive partners, after launching its auto loan vertical this week with 20 direct lenders and credit unions on the platform, founder Miron Lulic told Auto Finance News. Currently, SuperMoney offers secured, unsecured, refinance, and private-party auto loans, but eventually it could expand to offer aRead More

MotoLease to Debut Dealer Platform With Video Chat Feature

MotoLease to Debut Dealer Platform With Video Chat Feature

August 22, 2017 at 9:00 am 0 comments

Motolease LLC is slated to launch Dealer Platform 2.0 — an upgraded version of its current portal — to bolster its technology efforts and further strengthen dealer and customer relations, Managing Partner Emre Ucer told Powersports Finance. Back in May, Ucer told Powersports Finance that the leasing provider was developing a platformRead More

Pelican Shores Up Recoveries, Collections

Pelican Shores Up Recoveries, Collections

August 10, 2017 at 11:00 am 2 comments

Pelican Auto Finance LLC is bolstering its collection and recovery strategies this year by partnering with Digital Recognition Network and Payix, Chris Mitcham, the lender’s senior vice president of servicing and analytics, told Auto Finance News. The subprime lender has been able to save around 15% per month on impoundRead More

Selling Millennials on the Dealership Experience

Selling Millennials on the Dealership Experience

August 10, 2017 at 9:00 am 0 comments

Think back to the most important retail moments of the last 50 years. What would be on your list? Surely automotive veterans would add the Great Recession of 2007, along with the introduction of imports, SUVs, and Crossovers. The emergence of the internet would also make everyone’s top 10, asRead More

World Omni Launches Call Center Tool to Enhance Customer Experience

World Omni Launches Call Center Tool to Enhance Customer Experience

August 9, 2017 at 10:15 am 1 comment

World Omni Financial Corp. continues to invest in technology to improve customer services, following the launch of its new call center tool, President Dan Chait told Auto Finance News. “To better serve our customers, we roll out enhancements in our system every few months,” he said. “We focus on improvingRead More

Ally greets visitors at its booth for the 2017 National Automotive Dealers Association Convention and Expo. (Photo by William Hoffman)

Ally to Shore Up Digital F&I Experience Through TRED Partnership

August 2, 2017 at 12:41 pm 0 comments

Ally Financial Inc. is focusing on delivering “superior service” and its value proposition to digital dealers through TRED, following the lender’s recent partnership with the online-used car marketplace, Doug Timmerman, president of Ally Insurance, told Auto Finance News. “We are focused on how do we really best deliver on ourRead More

Auto Finance Excellence Awards Open for Nominations

Auto Finance Excellence Awards Open for Nominations

August 2, 2017 at 11:43 am 0 comments

Nominations have opened for the 2017 Auto Finance Excellence Awards, which have annually since 2005 recognized executives and companies that have made great contributions to auto lending and leasing in the past year. Among other accomplishments, executives or companies may be nominated for: notable acquisitions that have changed the auto financeRead More

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