Under attack: The rise of AI-powered fraud in banking
Financial fraud is escalating worldwide. The global cost of fraud and cybercrime is projected to hit $10.5 trillion this year,...
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AI can bolster sales, CX
Dealers and smaller lenders can enable stronger sales using prospecting, communication and upselling with the help of generative AI. Dealers...
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Volvo Group executive Andrea Fuder dies
Andrea Fuder, chief purchasing officer and a member of the Volvo Group Executive Board since 2017, has died after a...
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0% financing forges double-edged sword in equipment finance
Aggressive OEM incentives are boosting dealer equipment sales, but they create imbalanced market dynamics and competitive disadvantages for some lenders. ...
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AP Equipment Financing originations rise 12.7% in Q1
AP Equipment Financing reported a 12.7% year-over-year increase in funding volume in the first quarter, signaling a strong start to what...
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Capital One finishes Discover acquisition after 15-month journey
Almost 15 months after its announcement, Capital One Financial Corp.’s takeover of Discover Financial Services was officially completed on Sunday,...
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Dealers, lenders emphasize flexibility amid economic hardship
From subsidized rates to skip payments, equipment dealers and lenders are adjusting their operations to persevere through economic challenges. High...
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QuickFi wins tech demo ‘best in show’
AI-driven B2B digital lending platform QuickFi won “Best in Show” during the Tech Demo Challenge at Equipment Finance Connect 2025...
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