Post Tagged with: "technology"

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 0 comments

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

How Warm Is Your Welcome?

How Warm Is Your Welcome?

July 31, 2017 at 9:45 am 0 comments

The most successful auto servicers know the welcome call is more than just a formality to perform when a new account comes on board. It is the first opportunity to delight and engage borrowers with your brand, capture and share information, and promote the services you provide. For a typicalRead More

Demystifying the ‘Cloud’

Demystifying the ‘Cloud’

July 24, 2017 at 9:20 am 0 comments

“Cloud” is a popular buzzword that generally makes people wonder, what is it? Where does it happen? Is it actually a cloud? Where is my data stored? Is it safe? It’s totally normal to have these questions when researching potential technology partners! Let’s explore the cloud, and how storing dataRead More

BMW iVentures Backs Shift With $39MM in Series C Funding

BMW iVentures Backs Shift With $39MM in Series C Funding

July 20, 2017 at 10:15 am 0 comments

Shift Technologies Inc. raised $38 million in Series C funding led by BMW iVentures, the company announced today. “We are interested in technology companies that challenge the status quo and build products that help improve transportation options for consumers,” BMW iVentures Partner Christian Noske said in a press release. “ItRead More

Blinker to Add F&I Products Into Platform

Blinker to Add F&I Products Into Platform

July 14, 2017 at 10:00 am 1 comment

Blinker plans to integrate insurance, parts, and services into its peer-to-peer car buying app in 2018, after securing lender partners and expanding nationwide, President Danny Martinez told Auto Finance News. “Our priorities are executing geographic expansion and integrating lenders, but we are also looking at how we can serve throughRead More

TCF Turns to E-Contracting to Speed Decisioning

TCF Turns to E-Contracting to Speed Decisioning

July 13, 2017 at 11:34 am 0 comments

TCF Bank is looking to expand its e-contracting solution with other application portal vendors — such as DealerTrack — in 2018, Todd Pierson, president of the bank’s auto lending arm Gateway One, told Auto Finance News. Currently, TCF is live with a pilot through RouteOne to bring e-contracting to participating dealers. “That [expanding e-contracting] will improveRead More

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