Lenders stress portfolio management as originations rise
The equipment financing climate is heating up, but lenders are cautious, facing potential challenges tied to portfolio quality and compliance. ...
Tag: technology
Lenders weigh strengths, risks of AI-driven loan process
Equipment financiers are adopting AI-driven technology though potential biases in the algorithms present concerns. As equipment lenders increase their use ...
Independent lenders seize opportunity amid stringent bank regs
Independent lenders have emerged as major players in the equipment finance industry as banks grapple with tighter regulatory standards and ...
AI development bolstering commercial vehicle dealerships
AI growth and development continue across the equipment industry, but commercial vehicle dealers have unique opportunities for growth. Fixed dealer ...
Private networks lead to more profit, John Deere’s Wallin says
Agricultural giant John Deere is leveraging 5G connectivity to improve the efficiency of its manufacturing and operations. Deere in March said it ...
US banks prepare for new era of consumer financial data sharing
US banks will now have to give customers access to their financial data after the top consumer watchdog finalized a ...
Toro, John Deere Financial, New Holland Construction embrace tech
Heavy-equipment dealers are arranging financing for customers faster than ever as lenders embrace the digital age and deploy new technology. ...
Lending fraud jumps in the equipment industry
Equipment financiers are enhancing their anti-fraud strategies through new technology, third parties, training programs and other measures amid increased lending ...
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