Virtually all corners of the remarketing industry have watched the compliance burden grow with added security requirements, regulations, and other scrutiny. The auto lending community especially has allocated massive amounts of focus and resources to address these new and evolving challenges, and those efforts—and costs—quickly trickle down to the vendor community, and the end consumer.
AutoIMS is an active participant and observer in the compliance efforts of our clients and partners, constantly evaluating how the tools and data present in AutoIMS can ease this compliance burden. While the intensity and impact of regulation may ebb and flow as administrations change, the age of consumer protection, data privacy, and greater transparency is here to stay. We hope this paper will provide ideas for all corners of the remarketing industry to consider, with the ultimate goal of saving time and alleviating risk.