Payments/Credit/Debit

SAN ANTONIO, Texas - San Antonio Federal Credit Union has begun offering dealers an innovative electronic way to fund automobile loans for the CU's more than 231,000 members. The $1.8 billion SACU says it is the first CU in the U.S. to offer eContracting, a fully-integrated electronic process provided through...

LAS VEGAS - Aimbridge Indirect Lending used NAFCU's 38th Annual Conference and Exhibition as the backdrop for their announcement of their enhanced credit union information management system designed to help credit unions manage their indirect auto loan portfolios. Aimbridge plans to officially launch BridgePoint on Aug. 1 with full implementation...

RANCHO CUCAMONGA, Calif. - Nine months after it launched AutoSMART in November 2004, CU Direct Corp., along with DecisionAPP, the largest point-of-sale lending platform for credit unions in the U.S., has launched its AutoSmart inventory feature the company says lets credit unions position themselves to serve their membership better by...

DETROIT - The Big 3 auto manufacturers may have discontinued offering 0% interest loans as a regular part of financing deals, but that doesn't mean consumers have seen the end of this type of financing incentive. USA Today recently reported that General Motors and Ford are offering six-year, 0% interest...

MISSISSAUGA, Ontario, Canada - Curomax, a leading developer of dealer finance e-commerce solutions, reached an agreement with San Antonio FCU for the $1.7 billion CU to use the company's point-of-sale lending platform, mycreditshop.com. With the fully integrated POS lending platform, a SACU member visiting a dealership or other merchant, can...

WESTLAKE VILLAGE, Calif. - J.D. Power and Associates' 2005 Used Autoshopper.com StudyT released in mid-June shows the Internet now helps to lead more late-model, used-vehicle buyers to vehicles they purchase than do traditional newspaper and magazine classified ads combines. The study is based on responses from more than 14,000 owners...

IRVINE, Calif. - Results of a recently conducted study by Experian Automotive of new car purchase requests generated on Kelley Blue Book's Web site - www.kbb.com - during the first nine months of 2004, found that 64% of consumers who submitted vehicle purchase requests on the Web site ultimately purchased...

DETROIT -Zero percent interest loans and rebate offers may have been part of the Big 3 auto manufacturers' strategy to move more vehicles, but have consumers gotten used to too much of a good thing? A monthly study from Harris Interactive and Kelley Blue Book Marketing Research - AutoVIBES-indicated that...