Survey: 60% of lenders struggle to keep pace with regulatory changes
Widespread compliance and operational challenges face the lending industry, with 60% of lenders struggling to keep pace with regulatory changes. ...
Tag: compliance
Lenders manage risk amid evolving regulations
Equipment lenders are facing growing compliance and risk challenges, navigating state usury laws, regulatory shifts, digitalization and evolving cybersecurity threats. ...
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 ...
Wingspire hits record $500M in corporate finance loans at midyear
Wingspire Capital, an equipment finance provider, closed 12 transactions totaling more than $500 million through its corporate finance unit during ...
Compliance challenges dog equipment lenders, dealers
Equipment dealers and lenders are being dogged by compliance challenges even as the Consumer Financial Protection Bureau’s pullback on Section ...
Congress axes CARB’s EV truck mandates
The U.S. Senate voted today to eliminate two EV truck mandates initiated by the California Air Resources Board. The ...
What keeps 6 chief risk officers up at night
Technology-driven financial fraud is escalating rapidly, keeping FIs on their toes. (Courtesy/Canva Dream Lab) Bank Automation News, an Equipment Finance ...
CFPB X account ‘doesn’t exist’ anymore
The Consumer Financial Protection Bureau’s X account is gone. “This account doesn’t exist,” reads social media platform X, formerly Twitter, on what used to ...
