Readers’ choice: Top 5 equipment finance stories of 2023
Equipment Finance News’ five most read stories in 2023 reflect readers’ interest in new bond offerings, fraud prevention, a cautiously ...
Tag: fraud
Playing whack-a-mole in Alabama: Vendor fraud spreads
Fraudsters are swindling thousands of dollars from consumers by using the names of defunct, isolated or off-the-grid equipment vendors to ...
Best practices for combating first-party fraud
As rising interest rates persist and credit conditions tighten, vendors and lenders are facing an uptick in first-party fraud. First-party ...
4 best practices for fraud prevention
As fraudulent activity continues to increase in the modern equipment finance landscape, best practices such as training, tech investment, dedicated ...
Lack of controls bolsters fraudsters
With scammers finding more complex and intricate methods to defraud financial institutions, developing effective controls is vital to risk management. ...
Technology integrations key to fraud mitigation
Fraud remains a constant concern in the equipment finance industry, but new technology and more efficient integration capabilities present solutions. ...
3 fintechs changing the equipment industry
The use of technology continues to grow in the equipment and equipment finance industry, with fintechs providing services such as ...
Avoiding fraud: Contact parties, check addresses
Equipment lenders must be wary of the increased frequency of fraud currently plaguing the industry. Equipment financiers continue to ...
