According to the 2022 AFP Payments Fraud and Control Survey, 71% of organizations reported being victims of payment fraud activity in 2021, lower than the 81% reported in 2019 and the lowest percentage recorded since 2014. read more

APR 6, 2022 - 6:26 am

CIT’s asset-based lending business served as lead arranger on financing for Kenneth Cole Productions, a men’s and women's fashion brand. read more

APR 6, 2022 - 6:15 am

According to International Data Corporation, spending on compute and storage infrastructure products for cloud infrastructure, including dedicated and shared environments, increased 8.8% year over year in 2021 to $73.9 billion. read more

APR 1, 2022 - 6:37 am

Inovatec Systems, a provider of cloud-based software solutions for automotive lending institutions, formed a partnership with San Diego’s Point Predictive, a provider of artificial intelligence solutions for the lending industry. read more

APR 1, 2022 - 6:36 am

Supply & Demand Chain Executive recognized Brian Antonellis, senior vice president of fleet operations at Fleet Advantage, and Don Davis, senior vice president of national accounts at Fleet Advantage, as 2022 “Pros to Know.” read more

APR 1, 2022 - 6:33 am

Forbes and Statista named EquipmentShare, an equipment and digital solutions provider serving the construction industry, one of the top employers in Missouri on the 2022 list of America’s best startup employers. read more

APR 1, 2022 - 6:31 am

CIT’s real estate finance business provided $35.6 million for the acquisition of two multifamily residential properties in the North Shore area of Massachusetts. The name of the borrower was not disclosed. read more

APR 1, 2022 - 6:27 am

Mitsubishi HC Capital America provided five key reasons why making the move to electrification makes good business sense, including favorable costs, incentives, new revenue streams and market opportunities for battery electric vehicles and charging infrastructure. read more

MAR 31, 2022 - 6:29 am

MetaBank, the parent company of Crestmark, is changing its name to Pathward. The company will make certain changes immediately and fully transition to the name Pathward by the end of this calendar year. read more

MAR 30, 2022 - 6:11 am

Ritchie Bros. sold more than 3,000 equipment items and trucks for more than C$48 million ($38.45 million) at its recent auction in Montreal. In addition, Ritchie Bros. generated more than $42 million in gross transaction value at its first Northeast regional event of 2022. read more

MAR 29, 2022 - 6:34 am

The real estate finance business of CIT, a division of First Citizens Bank, provided a $29.9 million loan for the acquisition of a portfolio of industrial buildings in Chicago by Aminim Group. read more

MAR 29, 2022 - 6:31 am

Newsweek named equipment rental company United Rentals one of America’s Most Trusted Companies of 2022, ranking it first in its category. read more

MAR 28, 2022 - 6:23 am

Fleet Advantage will help corporate truck fleets certify their greenhouse gas emissions output, which was recently mandated under a proposed rule issued by the Securities and Exchange Commission. read more

MAR 25, 2022 - 6:35 am

Bill Verhelle, CEO and founder of QuickFi, recently sat down with FinTech Futures for its What the FinTech? podcast to discuss the importance of APIs and their key role in digital banking. read more

MAR 25, 2022 - 6:33 am

Ritchie Bros. generated more than $79 million in gross transaction value at its recent auction in Fort Worth, TX. The three-day online auction attracted more than 14,700 bidders from 68 countries to compete for more than 4,600 items from more than 770 consignors. read more

MAR 22, 2022 - 6:20 am