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March 21, 2017 - Industry News

MVSC’S ERT Platform Endorsed by OADA

Motor Vehicle Software Corp.’s Vitu platform has been named the Oregon Auto Dealers Association’s preferred provider of electronic vehicle registration and titling services.

Tags: electronic lien and titles, Electronic Registration, Motor Vehicle Software Corp.

December 14, 2015 - Industry News

Transportation Bill Paves the Way Toward Digital Vehicle Transactions

Billed as a down payment for building a 21st century transportation system, the recently passed Fixing America’s Surface Transportation Act, or Fast Act, contains a provision that clears a key hurdle in the industry’s drive toward a fully digital transaction.

Tags: electronic lien and titles, electronic signatures, Law, Motor Vehicle Software Corp., NHTSA, Odometer Fraud

April 3, 2014 - Industry News

N.Y. Dealer Shut Down For Defrauding Customers

A dealership that accepted trade-ins with remaining loan balances and then failed to pay off those balances before reselling the cars to unwitting consumers was ordered to permanently close. The owner is prohibited from ever operating a car dealership in the state.

Tags: Attorney General, electronic lien and titles, fraud, New York, trade-in vehicles

June 27, 2013 - Industry News

3,000 Lenders Now Using VINtek’s ELT Services

VINtek reached a milestone when it signed its 3,000th lender to its automotive collateral management technology and ELT services.

Tags: electronic lien and titles, ELT, Larry Highbloom, VINtek

April 2, 2013 - Industry News

Dealertrack Completes Acquisition of Casey & Casey NPS Inc.

Dealertrack Technologies completes its acquisition of Casey & Casey NPS Inc., adding a provider of electronic lien and titling to its Lender Solutions Group.

Tags: Acquisition, Casey & Casey NPS, Dealership, Dealertrack, electronic lien and titles

November 8, 2011 - Industry News

VINtek to Manage ELT for Navy Army Federal CU

VINtek will manage automotive collateral and electronic lien and titling for Navy Army Federal Credit Union’s more than 90,000 members through the VINtekTIME platform.

Tags: credit unions, electronic document storage, electronic lien and titles, Navy Army Federal Credit Union, VINtek, VINtekTIME

October 11, 2011 - Industry News

VINtek Adds 2,500th Lender to ELT Solution

VINtek has signed its 2,500th customer for its VINtekTIME cloud-based automotive collateral management technology.

Tags: electronic lien and titles, electronic signatures, VINtek, VINtekTIME

September 29, 2011 - Industry News

Governor Signs Car-Buying Reform Bill

Gov. Jerry Brown signed legislation on Sept. 26 that will allow California auto dealers to raise document fees by at least $25.

Tags: electronic lien and titles, electronic signatures, New Vehicle Registrations

September 8, 2011 - Industry News

California Dealers Could Raise Doc Fees Under New Reform Bill

A reform bill that would allow California auto dealers to raise document fees by at least $25 was passed last week by the state legislature. The bill now awaits Gov. Jerry Brown’s signature.

Tags: compliance, electronic lien and titles, New Vehicle Registrations, Regulations, tax and title fees

July 12, 2011 - Industry News

Texas Bill Moves State to Electronics Lien and Titling

Under the new bill, the Texas Department of Motor Vehicles will join states like Arizona and California in transitioning to electronic lien and titling. The move is expected to reduce costs and eliminate the state’s exposure to fraud.

Tags: electronic lien and titles, fraud, Legal, legislation, VINtek

May 4, 2011 - Industry News

DealerTrack Expands E-Title and Registration Services to Illinois

DealerTrack Inc. today announced that it will be launching DealerTrack’s Online Registration System in Illinois.

Tags: Dealertrack, electronic lien and titles

March 10, 2011 - Industry News

VINtek Opens New Office in Detroit Metro Area

VINtek, a provider of automotive collateral management and electronic lien and title services for automotive lenders, has opened an office in Troy, Mich., to support continued growth in its direct-to-consumer lending platform.

Tags: electronic lien and titles, VINtek

January 14, 2011 - Industry News

California Bankers Association Endorses VINtek’s ELT Solutions

VINtek, a provider of automotive collateral management, electronic lien and title and direct auto finance solutions, has been named the exclusive endorsed ELT provider of the California Bankers Association (CBA).

Tags: electronic lien and titles, VINtek

September 20, 2010 - Industry News

VINtek Selected by Union Bank & Trust <br/>for Nebraska DMV’s ELT Program

VINtek, a provider of auto finance services and solutions for lenders, has been selected by Union Bank & Trust to provide electronic lien and title services for the Nebraska Department of Motor Vehicles' ELT program.

Tags: electronic lien and titles, VINtek

July 30, 2010 - Industry News

Nebraska Credit Union League Names VINtek as ELT Partner

VINtek, a provider of auto finance services and solutions for lenders, was selected as the exclusive service partner by the Nebraska Credit Union League (NCUL) to provide electronic lien and title (ELT) services to the league’s nearly 425,000 members.

Tags: electronic lien and titles, VINtek

July 13, 2010 - Industry News

VINtek Opens New Office in California

VINtek, a provider of auto finance services and solutions for lenders, today announced that it has opened a new office in Sacramento, Calif., to address the automotive collateral needs in the country’s highest volume vehicle titling state.

Tags: electronic lien and titles, VINtek

April 1, 2010 - Industry News

VINtek Offers ELT Processing in Louisiana

VINtek, a provider of auto finance services and solutions for lenders, announced that its electronic lien and title (ELT) management services are active in Louisiana and serve 13 financial institutions in the state.

Tags: electronic lien and titles

January 20, 2010 - Industry News

VINtek Expands Relationship With Santander Consumer USA

VINtek, a provider of auto finance services and solutions for lenders, announced an agreement to manage vehicle titles for Santander Consumer USA (SC USA) Inc., resulting from SC USA’s acquisition of the indirect auto loan portfolio of Texas-based Triad Financial.

Tags: electronic lien and titles, nonprime, Santander Consumer USA, Triad Financial, VINtek

December 1, 2009 - Industry News

VINtek to Provide ELT Services to Texas Credit Unions

VINtek, a provider of auto finance services and solutions for lenders, announced that Richardson, Texas-based Texans Credit Union and Austin, Texas-based Amplify Credit Union selected VINtek as their electronic lien and title (ELT) technology provider for paperless vehicle titles.

Tags: electronic lien and titles, VINtek

November 17, 2009 - Industry News

VINtek Named Electronic Lien and Title Provider by Texas Bankers Association

VINtek, a provider of auto finance services and solutions for lenders, has been endorsed as the preferred electronic lien and title (ELT) provider by the Texas Bankers Association (TBA) and its for-profit subsidiary, Texas Bankers Association Services Company (TBASCO).

Tags: electronic lien and titles, VINtek

November 5, 2009 - Industry News

VINtek Offers Electronic Lien and Title Processing in Texas

Texas Department of Motor Vehicles (TxDMV) expanded its pilot electronic lien and title (ELT) program statewide on Nov. 2, and VINtek, a provider of auto finance services and solutions for lenders, has begun processing ELT titles in the state for several financial institutions.

Tags: electronic lien and titles, VINtek

October 19, 2009 - Industry News

VINtek Participates in Drafting ELT Legislation in California

After seven years of providing electronic lien and titling in that state, VINtek said it has assisted California lawmakers with the drafting of the state’s ELT legislation, which was signed into law by Gov. Arnold Schwarzenegger on Oct. 11.

Tags: electronic lien and titles, VINtek

August 21, 2009 - Industry News

Ohio Bank Selects VINtek for Paperless Vehicle Title Management

VINtek, a provider of auto finance services and solutions for lenders, announced that Lorain, Ohio-based The Lorain National Bank, a subsidiary of LNB Bancorp, selected VINtek as its electronic lien and title (ELT) technology provider for paperless vehicle titles.

Tags: electronic lien and titles, VINtek

June 2, 2009 - Industry News

VINtek Launches Next Generation of VINtekTIME

VINtek, a provider of automotive collateral management services and direct auto finance solutions for lenders, announced the launch of its latest version of VINtekTIME, its Web-based automotive collateral management system for paperless and paper-based vehicle titles.

Tags: electronic lien and titles, VINtek

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