‘Collaborative’ approaches to combating insurance fraud are key
Fraud in the equipment finance business continues to persist and the industry could cope with the rising number of bad ...
Tag: fraud
Fed pencils in three rate cuts in 2024, shallower path ahead
Federal Reserve officials maintained their outlook for three quarter-point rate cuts this year but forecast fewer cuts than before in ...
Business impersonation fraud rises 10% YoY
Fraudsters are using fake businesses to secure funding for equipment, and dealers need to be aware this is on the ...
Document fraud rises as economic hardships persist
Equipment dealers, lenders and service providers face increased document fraud this year as elevated interest rates, persistent inflation and supply ...
Tech investment set to grow in 2024
The equipment finance industry is turning toward developing technology like AI to bolster operations and reduce costs, and investment in ...
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 ...
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 ...
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