CCR Magazine

CSA Top Banner
You are here  :Home arrow News arrow Digital recognition for BMW Group Financial Services at European awards
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Digital recognition for BMW Group Financial Services at European awards PDF Print E-mail
Tuesday, 21 March 2017
Retail and commercial finance provider, BMW Group Financial Services UK, has secured the accolade of ‘Digital Innovation of the Year: Consumer Lending’ at the prestigious Motor Finance Europe Awards 2017, which took place in Frankfurt, Germany, on Thursday 16th March. 

The Motor Finance Europe Digital Innovation honour was awarded to BMW Group Financial Services for its first-to-market BMW Retail Online proposition. Allowing customers to purchase a vehicle completely online in less than 10 minutes, BMW Retail Online brings consumers and Retailers together through live chat and online messaging to configure the vehicle and tailor finance, as well as facilitating part-exchanges.

BMW is the first automotive manufacturer to offer a digital sales solution for its entire product range across the full end-to-end buying or leasing process. BMW Group Financial Services has been instrumental in supporting the development of a comprehensive finance calculator which underpins the BMW Retail Online offering.

Mike Dennett, CEO of BMW Group Financial Services UK, commented: “We are thrilled that our commitment to facilitating the customer journey and generating ready-made leads for Retailers has been recognised by the Motor Finance Europe judging panel. BMW Retail Online has secured numerous awards in its first year since launch but it is nice to achieve credit specifically for the input of the finance calculator.

“There are further tools in the pipeline to make it even easier for consumers to research and purchase their next vehicle – new or used – completely online but with the reassurance of support from their local Retailer. We look forward to taking the next steps in this exciting journey and are happy to share this award with everyone at BMW Group Financial Services.”

The Motor Finance Europe award comes on the back of a very strong 2016 for BMW Group Financial Services, which saw the Group once again achieve double digit percentage portfolio growth, as well as increasing finance penetration across its network. The past 12 months has also seen the launch of The BMW Group Financial Services Innovation Lab, a brand-new concept in which BMW Group Financial Services provided support and opportunity for dynamic financial start-ups in the area of automotive finance.
 
Enghouse Side Banner

CSA side

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

CSA

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197