Risk management crucial for equipment lenders as flexible financing gains steam
As more equipment lenders offer flexible financing options such as skip payments and extended terms to alleviate economic challenges, they ...
Tag: Features
Equipment dealers, lenders lean into e-contracting technology
Equipment dealers and lenders are leaning into e-contracting to meet customers' needs and take advantage of market opportunities like expanded ...
Rental market supersized by specialty equipment, technology
From power generators to high-tech machinery, equipment dealers, rental houses and OEMs are capitalizing on new rental opportunities in an ...
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 ...
FIs, regulators rev up anti-fraud strategies
The democratization offered by AI is making it easier for low-skilled, inexperienced bad actors to launch high-impact schemes. Even 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 ...
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, ...
Lenders, dealers blaze creative financing paths for small contractors
Equipment dealers and lenders are showing ingenuity to support the construction industry’s “little guys” as credit blemishes and economic hurdles ...
