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DecisioningIT Welcomes Industry Veteran Yves Varin as Strategic Advisor

Montreal, February 11, 2025 – DecisioningIT, an innovative fintech specializing in automotive financing, is pleased to announce the appointment of Yves Varin as Strategic Advisor. With over 25 years of experience in the automotive and finance industries, Yves brings invaluable...

February 11, 2025

TransUnion set to acquire remaining portion of UK-based credit prequalification platform

Digital Retailing Latest News

TransUnion set to acquire remaining portion of UK-based credit prequalification platform

TransUnion is bolstering its portfolio to operate in the credit prequalification market. The company on Wednesday signed a definitive agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that can empower lenders and banks to deliver highly personalized...

January 8, 2025

CarGurus Launches Digital Retail Platform to Streamline Car Buying in Canada

Digital Retailing

CarGurus Launches Digital Retail Platform to Streamline Car Buying in Canada

CarGurus has unveiled its new Digital Deal platform, aimed at creating smoother connections between dealerships and car shoppers ready to buy in Canada. This platform allows consumers to initiate financing applications online for eligible new and used vehicles, schedule appointments,...

November 5, 2024

The Amazon-Hyundai Partnership – Transforming Car Buying and Customer Experiences

Digital Retailing

The Amazon-Hyundai Partnership – Transforming Car Buying and Customer Experiences

The partnership between Amazon and Hyundai has been a headline-grabber since its announcement, signaling a shift toward a more digitally integrated car-buying experience. In a recent episode of Inside Automotive, Andy Wright, Managing Partner of Vinart Dealerships, shared his insights...

November 1, 2024

Embracing AI for Financial Management: Insights from BMO’s Latest Survey

Consumer Credit

Embracing AI for Financial Management: Insights from BMO’s Latest Survey

Artificial Intelligence (AI) is increasingly becoming a vital tool for managing personal finances. The BMO Real Financial Progress Index has revealed that a significant number of Americans, especially Gen Z, are leveraging AI to enhance their financial management. This blog...

July 31, 2024

How our AI Technology Helps Canadian Auto Dealers Reduce Bias

Artificial Intelligence

How our AI Technology Helps Canadian Auto Dealers Reduce Bias

Bias in auto financing arises when sales managers, business managers and even lenders makes sales or loan decisions based on perceptions rather than facts. Such decisions might stem from unconscious prejudices, such as a customer’s perceived reliability or their postal...

October 8, 2023

Westlake Direct Revs Up Digital Car Financing with ‘Buy Now’

Automotive Lending Digital Retailing

Westlake Direct Revs Up Digital Car Financing with ‘Buy Now’

In a progressive move for the automobile financing world, Westlake Technology Holdings is turbocharging its outreach to consumers. The goal? To forge profitable connections for both the finance firm and automotive dealerships. Westlake Direct, a pioneering direct-to-consumer financing pathway birthed...

October 3, 2023

Fraud

95% of Dealers are Not Doing Enough in Their Stores or Online to Prevent Fraud

By Ken Hill, Managing Director, 700Credit – Source: https://digitaldealer.com/latest-news/95-dealers-not-enough-stores-online-prevent-fraud/ Yes, it’s true, more people are shopping and buying cars and trucks online. Research firm Frost and Sullivan forecasts six million cars will be sold online around the world in 2025....

November 5, 2022

Wolters Kluwer: Digital transformation continues even as retail sales slow

Digital Retailing

Wolters Kluwer: Digital transformation continues even as retail sales slow

Source: www.autoremarketing.com/autofinjournal/wolters-kluwer-digital-transformation-continues-even-retail-sales-slow Wolters Kluwer recently announced third quarter results and analysis from its Auto Finance Digital Transformation Index, a key resource that tracks the rate at which auto dealers, service providers and finance companies are seeing growth in the evolution...

November 2, 2022

The case for starting the finance journey on your website

Automotive Finance Car Dealerships

The case for starting the finance journey on your website

By Drew HardenCARFAX Canada Source: AutoRemarketingCanada You’ve just spent three hours with a customer and when it’s time to run their credit, you learn the bank won’t even loan them a pen. So, you decide to discuss credit up-front with...

August 15, 2022