Articles by: Marcie Belles

Despite Increased Scrutiny, Financiers Bolster Efforts to Attract Servicemember Borrowers

Despite Increased Scrutiny, Financiers Bolster Efforts to Attract Servicemember Borrowers

While regulators have stepped up efforts to protect servicemembers from financial fraud, auto financiers are looking for ways to attract more military personnel to their customer ranks. “If you don’t learn anything else in the military, you learn commitment, loyalty, and dedication,” said Kerry O’Connor, co-founder of Starting Point Foundation,Read More

Toyota’s George Borst Urges Innovation to Prep for Future Growth

Toyota’s George Borst Urges Innovation to Prep for Future Growth

LAS VEGAS ― With rising new-car sales, pent-up demand, and strong capital markets, the pieces are in place for a solid auto finance rebound. But to lock in the recovery, lenders will have to weave innovation into their strategic plans, said George Borst, president and chief executive of Toyota FinancialRead More

RFID, Smart Chips on the Horizon for Floorplan Management

RFID, Smart Chips on the Horizon for Floorplan Management

Floorplan financiers may soon take a page out of retailer Walmart’s playbook, implementing radio-frequency identification tags to track inventory. Radio-frequency identification ― RFID, for short ― is a wireless tracking system that uses radio-frequency electromagnetic fields to transfer data from tags attached to objects. Tags contain electronically stored information thatRead More