CDK Global, a top end-to-end automotive solutions company, recently announced that AutoFi will begin to use their retailing API from CDK's Fortellis Automotive Commerce Exchange platform. In addition, CDK and Equifax Inc., an information solutions business, will add more APIs to help others access Fortellis and ensure the network is simple and open for all who wish to use it within the car industry. AutoFi is just one of the latest companies, including Equifax, Lyft, and SiriusXM, to be some of the first companies to use Fortellis. This announcement was made during the API: World conference held in San Jose, California and announced by Chief Technology Officer for CDK Rajiv Amar.
“Finance and Insurance processes have always been a roadblock for dealers looking to provide a seamless digital and in-store shopping experience for their customers,” said Ron Frey, Executive Vice President, and Chief Strategy Officer, CDK Global. “This is another great example of how an open, secure and accessible platform can bring together developers of highly-specialized offerings that enhance the auto retail experience across the industry.”
San Francisco-based startup AutoFi brings to Fortellis a fully-automated Finance and Insurance (F&I) platform, providing dealers the ability to offer a digital shopping experience powered by real-time lender connectivity and offers. By consuming APIs on the Fortellis platform, AutoFi can deliver its digital lending technology to dealers with connection to multiple CDK products through the DMS, Connected Store, websites and desking solutions. The omnichannel integration enables dealers to offer their customers lending options through their websites and in-store via mobile tablets on the showroom floor, while also allowing dealers to support customers with their digital purchase over the phone when they are shopping at home.
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