Source: Auto Fin Journal
CARY, N.C. — Auto Fin Journal reached out to a variety of companies for a recent project dubbed, Auto Finance Influencers: Leading Innovation for the Industry.
Five industry leaders from Ally Financial, Exeter Finance, GM Financial, TurboPass, and White Clarke Group replied with their perspectives about how the industry has navigated through the pandemic as well as what happened within their organizations. They also offered their projections about what might be happening next.
Co-founder and Chief Executive Officer TurboPass
— What technological capability helped you most since the pandemic surfaced?
Having been a customer since 2017, I’d say the adoption of Zoom as a necessary tool to conduct business has been amazing to see. Even though I think we all have video-call fatigue we could not have had any success in 2020
without it.
—What project have you completed recently that’s been the most satisfying and why?
In the second half of 2020, we completed a channel partnership with Nowcom/Westlake (NowLake Holdings). The partnership has helped us to sign up our first 1,000 dealer customers. We are now seeing customer growth now building due to word of mouth but it all started as a result of our channel relationship.
—What breakthrough do you see on the horizon that might impact auto financing most in the near future and why?
Large companies may begin working with smaller fintechs and startups lowering the barriers and red tape. When this begins to happen more in the marketplace, there’s no telling what kinds of breakthroughs can happen.
