AE eMagazine
Administrator
MENU
SEARCHMENUSEARCHAdministrator
ALBANY, N.Y. — Auto/Mate Dealership Systems has added a new credit card processing feature to its dealership management system, the company announced. Credit Card Processing from Worldpay (formerly Vantiv) integrates the Worldpay credit card device and merchant services into Auto/Mate’s “Cashiering” features in its parts, service, and general cash receipts modules. Executives said the integration ... Read More »
Read More →CARMEL, Ind. — To save time and speed up the funding process for dealers purchasing vehicles through non-auction channels, NextGear Capital is introducing expedited funding on notice of title via “Rapid Pay,” a feature accessible through NextGear’s Account Portal and available on any mobile device, the company announced. Billed as an industry first, Rapid Pay’s expedited funding feature was designed to ... Read More »
Read More →LONG BEACH, Calif. — Communications and payments software provider myKaarmaannounced it has received a $15 million investment led by Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors LP. The alternative investment firm currently manages $26 billion in assets. According to myKaarma officials, the investment will be used to accelerate product development and ... Read More »
Read More →ATLANTA — Cox Automotive and Shift Technologies have announced they are launching a national strategic partnership, enabling the online vehicle retailer to utilize Manheim facilities and services to support its digital business. According to officials, the relationship will help Shift expand operations with reduced capital investment and drive efficient launches in markets where Manheim has ... Read More »
Read More →ALBANY, N.Y. — Auto/Mate Dealership Systems has Dave Druzynski to chief people officer (CPO). He previously served as director of human resources and is a regular contributor to F&I and Showroom magazine. “As the CPO, Dave is responsible not only for Auto/Mate people, but also its culture,” said Auto/Mate President and CEO Mike Esposito. “In other words, its values, ethics, mission, ... Read More »
Read More →ST. LOUIS — Auto reconditioning services and F&I product provider Dent Wizard International announced last week the promotion of Mike Black to CEO, effective April 1. He most recently served as president and COO. Black will lead the company and continue driving profitable growth while overseeing all areas of the business. He succeeds Terry Koebbe, ... Read More »
Read More →ALBUQUERQUE, N.M. — Southwest Reinsure Inc. (div. iA Financial Group), better known as SouthwestRe, announced it has signed an agreement with Reahard & Associates to offer F&I training and compliance certification for its agent partners and F&I manager clients. Reahard & Associates’ “Achieving F&I Excellence!” management certification program is designed to provide F&I managers with ... Read More »
Read More →NAPA, Calif. – For the second year in a row, AUL Corp. (AUL), the nation’s leading vehicle service contracts (VSC) administrator, has completed all of the requirements for a Systems and Organizations Control (SOC) 2 Type II Audit for calendar year 2018, announced Jimmy Atkinson, AUL’s president and CEO. This extensive report provides independent validation that AUL’s internal controls are in accordance with ... Read More »
Read More →