Tag Archives: buying discounted car notes
BMO Harris Hones Sales Structure Amid Geographic Expansion
CarLabs’ CEO Joins Auto Finance Innovation Summit for a Fireside Chat
Martin Schmitt, chief executive and co-founder, CarLabs Inc.
Martin Schmitt, chief executive and co-founder of CarLabs Inc., will join Auto Finance News for a fireside chat at the Auto Finance Innovation Summit on Wednesday, May 15, at 9 a.m. to share insights and perspectives on artificial intelligence and other key innovation trends happening in the auto finance industry.
The fourth annual Auto Finance Innovation Summit takes place at the Omni San Diego on May 14-15, following the inaugural Auto Finance Sales and Marketing Summit. Find the full agenda here.
CarLabs is an AI-powered chatbot for automotive brands. The company’s goal is leverage AI advances and mobile platforms to enhance the car buying and ownership experience. CarLabs was one of six startups involved in BMW Financial’s innovation lab, and one of two selected to continue its work with the captive.
Prior to co-founding CarLabs, Schmitt was the founder of NewCars.com, an automotive portal and bid management company that was acquired by Cars.com. Previously, he served as vice president of engineering at Shopzilla.
Schmitt’s fireside chat precedes sessions covering practical applications for machine learning, along with a panel on how lenders can better make sense of fintech regulations.
To learn more about the Auto Finance Innovation Summit, visit AutoFinanceInnovation.com.
Auto Finance Innovation Summit is part of the weeklong Auto Finance Accelerate event series. Join us for this event, plus Auto Finance Sales & Marketing and Auto Finance Risk Summit, May 13-16, 2019. Visit AutoFinanceAccelerate.com for full details. Team registration is available. For more information or to register, contact events@royalmedia.com.
Hyundai Capital Launches AI-Powered Chatbot
Carvana’s VP of Strategy Talks Customer-Focused Financing at the Auto Finance Sales and Marketing Summit
Christina Keiser, vice president of strategy, Carvana
Carvana’s Vice President of Strategy, Christina Keiser, will join the Auto Finance Sales and Marketing Summit at the Omni San Diego for a dynamic presentation entitled, “Customer First, Facilitating a Seamless Buying and Lending Experience.”
The presentation — which takes place on Monday, May 13, at 3:00 p.m. PT — will explore how lenders can develop a digital-native process, use technology to introduce compelling financing offers, and build a brand with differentiated customer experiences.
Keiser, who joined Carvana in 2016, oversees company strategy and manages Carvana’s introduction of new products and services. Prior to serving as the vice president of strategy, she held the position of senior director of strategic partnerships, where she developed customer acquisition relationships with lenders and other affiliates. Keiser holds an M.B.A. from Stanford Graduate School of Business and a B.A. from Vanderbilt University.
Other sessions at the inaugural Auto Finance Sales and Marketing Summit include strategies for presenting your value proposition to attract consumers, blurring the lines between direct and indirect lending, delivering the digital customer experience, and how the “Amazon effect” changes customer service strategies. View the full agenda here.
The event is part of a weeklong series called Auto Finance Accelerate, which includes the Auto Finance Risk Summit and Auto Finance Innovation Summit. It will take place at the Omni San Diego, May 13-16.
To learn more — or to register — for this year’s event, visit the Auto Finance Accelerate homepage here.
Carvana to Buy Used Vehicles Through Honcker Leasing App
Bureau Adopts AFSA Suggestions to Improve Vague Investigative Process
This week, the Consumer Financial Protection Bureau (CFPB) announced changes to its policy regarding Civil Investigation Demands (CIDs). The changes are intended to provide more information to the subject of the CID.
AFSA has long advocated that the Bureau’s CIDs be more specific. Last April, in response to one of the Bureau’s several requests for information, AFSA submitted comments emphasizing that CIDs should be reasonable. AFSA’s efforts has resulted in the Bureau adopting an approach that is consistent with the association’s recommendations.
“The American Financial Services Association (AFSA) has long advocated that the Bureau’s Civil Investigation Demands (CIDs) be both reasonable and more specific given the impact they have on member companies who received vague CIDs in the past,” the association said in a note to members and a statement to the news media. “We are pleased that the Bureau is taking this approach that is consistent with recommendations we submitted responding to the Bureau’s requests for information.”
From the CFPB press release:
“Consistent with the updated policy, CIDs will provide more information about the potentially applicable provisions of law that may have been violated. CIDs will also typically specify the business activities subject to the Bureau’s authority. In investigations where determining the extent of the Bureau’s authority over the relevant activity is one of the significant purposes of the investigation, staff may specifically include that issue in the CID in the interests of further transparency.”
Tesla Plans to Use Model 3 Lease Program to Stock Ride-Hailing Fleet
Bank CEOs Say Don’t Hold Your Breath for Predicted Wave of Deals
Tred CEO Grant Feek Joins Auto Finance Innovation Summit for Fireside Chat
Grant Feek, chief executive and co-founder of Tred
Auto Finance News will host Tred’s chief executive and co-founder, Grant Feek, in a fireside chat to kick off the 4th annual Auto Finance Innovation Summit on Tuesday, May 14, at 9:15 a.m. PT.
The event will take place at the Omni in San Diego on May 14-15 on the heels of the inaugural Auto Finance Sales & Marketing Summit. You can see the full agenda here.
Tred was founded on the premise of making buying and selling a car easy. The online-retail company has been incubated at General Assembly in New York, and TechStars in Washington.
Feek is a graduate of the University of Southern California and Harvard Business School. Prior to Tred, Feek worked in private equity and automotive at Lehman Brothers, Lowe Enterprises, and BMW Group.
Feek’s fireside chat will kick off a day of sessions that explore ways lenders can solve their biggest technology challenges, analytics-enabled innovation in auto finance, and the DEMOvation Challenge, a showcase of new technology.
To learn more about the Auto Finance Innovation Summit visit AutoFinanceInnovation.com.
Auto Finance Innovation Summit is part of the weeklong Auto Finance Accelerate event series. Join us for this event, plus Auto Finance Sales & Marketing and Auto Finance Risk Summit, May 13-16, 2019. Visit AutoFinanceAccelerate.com for full details. Team registration is available. For more information or to register, contact events@royalmedia.com.