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F&Iby StaffAugust 1, 2017

RoadVantage Completes Third SSAE 16 Audit

The F&I products provider successfully completed its third annual SSAE 16 (SOC 1) Type II industry-standards audit.

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F&Iby StaffAugust 1, 2017

LenderLive Expands Compliance Solutions for Finance Sources

The compliance solutions provider will provide these expanded services through LenderLive Compliance Solution, a new line of business that will offer both bundled and a la carte services to vehicle finance companies, credit unions, community banks, and regional banks.

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F&Iby StaffAugust 1, 2017

700Credit Rolls Out Instant Income and Employment Verification Solution

Powered by The Work Number from Equifax Workforce Solutions, the firm’s new Income PreCheck product is designed to improve the consumer experience by making the transaction process seamless with fewer roadblocks to financing.

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Digitalby StaffJuly 31, 2017

Judge in Authenticom Antitrust Suit Confirms Preliminary Injunction

A federal court judge declared last Friday that Reynolds and CDK can’t prevent Authenticom from providing services to dealers who, as of May 1, have authorized its data integration services. The ruling was issued as the judge entered the final form of his preliminary injunction in Authenticom’s antitrust suit against the two DMS providers.

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Showroomby StaffJuly 31, 2017

Study: Car Buyers Choose Online Research Over Dealership Visits

A new study from Netsertive finds two-thirds of car buyers visit only one or two dealerships but fewer than half know which brand they want when they start searching online.

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F&Iby Gregory ArroyoJuly 27, 2017

CFPB: Small-Dollar Lending, Debt-Collection Rules Are Coming

The day Republicans introduced joint resolutions in both houses aimed at blocking the Consumer Financial Protection Bureau’s new arbitration rule, a bureau staffer noted in a blog post that the regulator isn't done writing, issuing and finalizing rules.

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Showroomby StaffJuly 27, 2017

Kia Earns KBB Accolades

The South Korean OEM placed two models in Kelley Blue Book’s rankings of the 10 Most Awarded Cars of 2017 and earned a spot on KBB’s 10 Most Awarded Brands list.

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F&Iby Gregory ArroyoJuly 26, 2017

U.S. House Passes Resolution to Block CFPB's Arbitration Rule

The U.S. House passed a joint resolution of disapproval under the Congressional Rule Act to block the CFPB’s rule banning mandatory arbitration clauses in finance contracts. The resolution now needs Senate approval and the president’s signature to repeal the rule, which industry insiders say could impact the sale of F&I products.

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Showroomby StaffJuly 26, 2017

J.D. Power: Consumers Find New Vehicles More Appealing Than Ever

The latest edition of J.D. Power’s APEAL Index shows a nine-point increase from last year’s report.

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F&Iby StaffJuly 26, 2017

Former Ally and Exeter CIO Joins White Clarke Group

Nick Ockwell has joined the loan origination and servicing software provider as its executive vice president of operations for the Americas. The announcement comes less than a year after Five Arrows Principal Investments made a significant equity investment in the firm with the intent to scale the business.

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