This was an important year for the continuing digital transformation of auto finance, mortgage, equipment finance and across the lending ecosystem. As we get ready for 2019, we’re taking one …
Powersports Innovator Adopts End-to-End Digital Financing Solutions As one of the first industries to embrace eContracting, the proliferation of digital lending in auto finance continues to benefit all players in …
At the recent Auto Finance Summit 2018 in Las Vegas, leaders from across the auto finance ecosystem declared unequivocally that the time has come for digital transformation within the industry. …
Did you know that eContracting and the automotive finance industry go hand-in-hand? By connecting digital loan origination systems and dealer management systems, funders can more rapidly link with dealers, and …
Across industries, technology plays an increasingly important role in meeting consumer demands. Auto finance is no exception and the continued proliferation of digital lending is a hot topic. Conversations focused on …
The auto finance industry was one of the first to fully embrace electronic contracting (eContracting) solutions. Be that as it may, it’s nowhere near as widely adopted as one might …
Whenever I fix something at home, I gather everything I’ll need to make it happen: tools, supplies, instructions—the lot. Sometimes I even finish without extra trips to the garage or …
There is a storm swelling in the auto finance industry. With rising interest rates and tightening regulations, originators and lenders in this space are focused on protecting markets and existing …
Two ways to protect cash flow: become more attractive to consumers and investors A little while back, I wrote about trends reported by the Center for Auto Finance Excellence. Digital …
Prime and Near-Prime Vehicle Finance Company Continues to Achieve New Milestones It has been gratifying to have Westlake Financial Services as one of our clients and partners. Once we read …
To kick-off 2018, the Center for Auto Finance Excellence released a list of seven innovative ideas for the industry. The list included biometrics, machine learning, car subscriptions and eContracting. eContracting?! …
The continued proliferation of eContracting was a hot topic at the 2017 Auto Finance Summit in Las Vegas. This was my third consecutive year representing eOriginal at the event and …
While preparing for the Auto Finance Summit, I’ve been pleasantly surprised by how the industry is embracing eContracting. The consensus seems to be (and I agree) that, between customer expectations …
Higher delinquencies and lower origination numbers mandate new or improved asset-backed securities (ABS) business model for subprime auto finance market. You’ve perhaps heard of the shake-up at Uber over …
Last week, I bought a new car. Unlike my previous vehicle purchases, the dealership I went to had a fully digital contracting process. The salesman reviewed my contract terms with …
Auto finance is an ever-evolving landscape, one in which technological transformation is fueled by need and innovation. The pace of change can be an overwhelming whirlwind of analysis – where …
According to a new survey of 1,217 U.S. adults conducted by Harris Poll on behalf of Ford, “As many as 83% of Americans say they would like to spend as …
As a millennial, one of the things I like most about eOriginal is our passion for digital solutions. I also appreciate that we make it our goal to share the …
Earlier this year, Tesla Motors Co. made headlines with the record shattering pre-sale of about 180,000 Model 3 orders in a 24-hour period. With a price point of about $35,000, …
Last week, the eOriginal team traveled to Scottsdale, Ariz., for the 33rd Independents Conference and Exposition, hosted by the American Financial Services Association. The theme of the event, Champions for …
While enhanced customer experience frequently gets the headlines, the Digital Transaction Management (DTM) revolution has impacted every aspect of the vehicle finance industry. By connecting digital loan origination systems, dealer management …
2015 brought the highest sales to the vehicle finance industry since 2006. If this isn’t a good sign for both the industry and economy, I don’t know what is. As Efraim …
The auto industry started using eContracting solutions with eSignatures as early as 2005, making it one of the first industries to adopt these technologies. However, adoption of eSignature has stagnated …
Digital Transaction Management (DTM) was born out of the philosophy of enabling businesses to function 100 percent digitally, by giving organizations the ability to electronically execute and manage a wide …
At a glance, the structured finance market, both within the U.S. and globally, will have another stable year. According to the “Global Structured Finance Market 2016 – 2020” study published …
2015 is wrapping up nicely and we hope you are enjoying time with family and friends. As we forge forward to 2016, we take a look back with a countdown …
For the second time this year, eOriginal has given me the opportunity to travel somewhere I’ve never been before. You may recall I went to San Francisco for the first …
You may have seen the news that the Subprime Auto Finance Market, classified by loans provided to customers with FICO scores below 620, is rebounding too quickly; with implications that …
Route 1. Nissan. Chrysler. Harley Davidson. The list goes on and on… If it is a digital lease or financing agreement to buy a vehicle, there’s a good chance that …