Automated Decisioning Archives

DecisioningIT leader Hobbs recognized for financing platform

DecisioningIT leader Hobbs recognized for financing platform

Many consumers are locked out when it comes to being able to buy the vehicle they need. But thanks to a program developed by André-Martin Hobbs, they’re able to connect with dealerships to find the financing they need MONTREAL, Aug. 18,...

August 18, 2021

Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles

Automated Decisioning Car Dealerships Digital Retailing eContracting F&I Marketing

Penske Automotive Group and Cox Automotive Debut Automated Platform for Retailing Used Vehicles

Digital Platform Enables Consumers to Transact 100% Online BLOOMFIELD HILLS, Mich. and ATLANTA, July 22, 2021 /PRNewswire/ — Penske Automotive Group, Inc., (NYSE:PAG) and Cox Automotive, Inc. (“CAI”), announced today they have jointly developed a transformational, fully automated technology platform to enable the online...

July 22, 2021

CEO of DecisioningIT, Rosa Hoffmann, Shares How Dealers are Increasing Sales and Customer Satisfaction

Automated Decisioning Automotive Finance Automotive Lending Car Dealerships Digital Retailing F&I Latest News Non-Prime Financing Prequalification

CEO of DecisioningIT, Rosa Hoffmann, Shares How Dealers are Increasing Sales and Customer Satisfaction

by Sarah Marie June 28, 2021 in Business (New York Weekly) More non-prime consumers are getting behind the wheel now than ever before thanks to DecisioningIT. The fin-tech framework company uses an AI loan-matching platform that allows dealers to match...

June 29, 2021

Partnership with Roadster allows TrueCar users to finalize their deal online

Automated Decisioning Digital Retailing eContracting F&I Prequalification

Partnership with Roadster allows TrueCar users to finalize their deal online

TrueCar president and chief executive officer Mike Darrow said that through the pilot program, TrueCar consumers at select dealerships will be able to build real car deals digitally. That includes finance terms. TrueCar said the enhancement addresses what it describes as pain...

May 10, 2021

Equifax wishes to help fintechs accelerate innovation with InnovationX

Automated Decisioning Latest News Prequalification

Equifax wishes to help fintechs accelerate innovation with InnovationX

According to a news release, InnovationX will be led by Peter Maynard, the newly appointed senior vice president of data and analytics for Equifax United States Information Solutions (USIS). “E-commerce and financial services have converged. Customers expect the same convenience, flexibility...

May 1, 2021

Payment Insights from Equifax leverages more alternative data

Automated Decisioning Consumer Credit Non-Prime Financing Prequalification

Payment Insights from Equifax leverages more alternative data

Equifax recently expanded its offerings connected with alternative data so finance companies still can cater to consumers with thin files or soft credit backgrounds. (Mark Luber) Developed in partnership with Urjanet, Equifax introduced Payment Insights, a cloud-based solution that promotes greater financial...

April 19, 2021

Ford & dealers launch online used-car marketplace

Automated Decisioning Digital Retailing

Ford & dealers launch online used-car marketplace

Ford Motor Company has partnered with its dealers to launch a digital used-vehicle marketplace, launching Thursday Feb 12 during NADA Show 2021. “We can now connect the right shopper to the right pre-owned Ford vehicle faster than ever,” Ford VP of...

February 11, 2021

Hyundai Capital America now available for eContracting via RouteOne

Automated Decisioning Digital Retailing eContracting

Hyundai Capital America now available for eContracting via RouteOne

Well done! Hyundai Capital America now available for eContracting via RouteOne “RouteOne is pleased to bring Hyundai, Kia, and Genesis brands the ease and convenience of eContracting with Hyundai Capital America through the RouteOne portal,” RouteOne senior vice president of...

January 28, 2021

Automated Decisioning Car Dealerships Digital Retailing Non-Prime Financing

Cox Automotive launches Complete Retail

Cox Automotive launches Complete Retail, ‘connecting the dots’ of its digital retail solutions. Cudos Lori Wittman & Jessica Stafford! I’m glad Cox finally connected the dots between their solutions. It’s a great ecosystem, they have great market penetration and although...

January 26, 2021

Digital Auto Sales: Is your dealership ready?

Automated Decisioning Car Dealerships Credit Approvals Latest News Non-Prime Financing

Digital Auto Sales: Is your dealership ready?

In a recent virtual presentation, Rhett Ricart, the National Automobile Dealers Association (NADA) chairman emphasized on the fact that car dealerships largely had to shift to fully digital sales during the outset of the COVID-19 pandemic, which has “accelerated customer adoption”...

January 7, 2021