First Business announced the launch of its new Floorplan Financing suite of solutions for independent car dealers nationwide.Floorplan Financing allows car dealers the flexibility to finance their acquisition of used cars, preserving cash flow and...
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June 05, 2020, 07:20 AM
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Popular, Inc. announced that Banco Popular de Puerto Rico (“Banco Popular”), its Puerto Rico banking subsidiary, has agreed to acquire and assume from Reliable Financial Services, Inc. and Reliable Finance Holding Company, subsidiaries of Wells Fargo...
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February 15, 2018, 06:37 AM
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White Clarke Group held its third successful Auto Captives Summit on the 25th January at The Shard, London. Senior executives from the world’s largest captive auto finance companies met to consider and debate the latest developments and the...
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February 12, 2018, 07:10 AM
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TCF Financial Corporation announced that it will discontinue all indirect auto loan originations, effective December 1, 2017. TCF will continue to service existing auto loans on its balance sheet and auto loans serviced for others. Concurrent with...
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November 28, 2017, 07:13 AM
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White Clarke Group announced the appointment of David Slider as the new Group Executive Vice President. With more than 30 years of leadership in the auto finance industry, Slider joins the White Clarke Group leadership team to champion global client...
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June 06, 2017, 07:00 AM
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Brendan Gleeson, Group CEO of White Clarke Group, has won the ‘Personality of the Year’ award at the prestigious IAFN event held on the 23rd of May in London.The IAFN Awards dinner celebrates excellence and innovation within automotive leasing and...
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May 30, 2017, 07:00 AM
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Westlake Financial Services announced a partnership with eOriginal, Inc., to digitally transform its auto dealer management system into an eContracting solution to improve the customer experience, and increase efficiency and accuracy, while...
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May 25, 2017, 06:57 AM
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Gateway One Lending & Finance, LLC (Gateway One), a subsidiary of TCF National Bank and an indirect subsidiary of TCF Financial Corporation, announced the appointment of Todd A. Pierson as president, Gateway One Lending & Finance and Andrew B. Sturm...
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March 20, 2017, 07:20 AM
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According to the latest global asset and auto finance survey published twice yearly by White Clarke Group, so far in 2016 the auto and asset finance industry has coped well with uncertainty. While forecasts have been trimmed during the year, they...
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November 23, 2016, 06:37 AM
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When the U.S. Federal Reserve took a deep breath and raised its key interest rate, which had been sitting for so long at near-zero, it was hailed as a sign that the economy had finally shaken off the shackles of the Great Recession, and the confident...
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November 07, 2016, 05:00 PM
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Ask the man on the street what blockchain is, and they might tell you about Bitcoin, currently its most well-known and perhaps infamous application. Bitcoin is an electronic payment system which has risen to fame in recent months due to its...
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August 05, 2016, 07:11 AM
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DLL, a Rabobank subsidiary and global provider of asset-based financial solutions, has reached an agreement to sell its mobility solutions entity Athlon Car Lease International B.V. including all its subsidiaries to Mercedes-Benz Financial Services...
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July 01, 2016, 07:19 AM
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CHP Consulting, provider of the ALFA Systems software platform for asset finance, has announced a number of new and recent affiliations in the U.S. auto and equipment finance industry.As a major player in the space, CHP counts three of the largest...
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June 28, 2016, 07:08 AM
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The total balance of open automotive loans climbed 11.1 percent in the first quarter of 2016, surpassing the trillion dollar mark for the first time on record, Experian Automotive announced today. According to the most recent State of the Automotive...
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May 20, 2016, 07:19 AM
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Huntington Bank has appointed Tom Wirth to the position of auto finance product and strategy director. Wirth will lead a team of 40 colleagues across product, strategy, underwriting, and risk management with accountability for strengthening...
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December 04, 2015, 07:18 AM
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White Clarke Group’s inaugural Auto Captives Summit was held on November 11th, 2015 at Hilton Canary Wharf, and was attended by senior executives of the world’s largest auto finance captives who gathered to understand more about how they can navigate...
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November 25, 2015, 07:03 AM
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Rifco National Auto Finance has successfully completed its conversion and roll out of Dominion Leasing Software’s LeaseComplete. “With Rifco’s historic growth and ambitious plans for the future, it became evident that a more scalable and robust...
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January 07, 2015, 06:00 AM
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A recent article by White Clarke Group's Brendan Gleeson "Pent-Up Demand Waiting to be Unleashed in U.S. Leasing Market" outlines how the U.S. may at last be pulling out of recession, but there are still headwinds, not least of which emanate from...
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October 16, 2014, 06:00 AM
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