DataCRaiM launches business verification tool for equipment lenders
AI solutions provider DataCRaiM has launched BizIntellect, a business identity verification tool designed for equipment financiers. The platform, built on...
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Lender Operations
JCB Finance names Isaac chairperson
An OEM captive and multiple equipment lenders made key executive changes over the past month, with some highlighting the growing...
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Fed holds interest rates, points to slowing economic activity
Federal Reserve officials left interest rates unchanged but downgraded their view of the US economy, a sign policymakers could be...
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Komatsu retail finance originations fall 15% YoY
Japanese equipment manufacturer Komatsu saw declines in originations, managed assets and revenue in the first quarter as yen appreciation and...
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Fifth Third, Eldridge launch private credit partnership
Eldridge and Fifth Third Bancorp have formed a partnership to provide private credit solutions to the latter’s commercial bank clients....
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Midland, Banc of Cal slash equipment finance portfolios
Midland States Bancorp, Brookline Bancorp and Banc of California pulled back on equipment lending in the second quarter, while First...
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Core capital goods orders slip in June amid tariff uncertainty
New orders for core capital goods dipped in June as equipment ordering remains volatile amid tariff uncertainty and the market...
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Short to succeed Murphy as CEO at 1st Source
1st Source Corporation announced a planned leadership transition effective Oct. 1 as longtime Chairman and CEO Christopher J. Murphy III...
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