QuickFi Makes Finalist List in Multiple Categories at Banking Tech Awards

The Banking Tech Awards selected QuickFi as a finalist for two categories: Best Mobile Initiative and Best Use of Tech in Lending. Other finalists include J.P. Morgan, Wells Fargo, Citi Commercial Bank, Bank of America and KeyBank. read more

Linedata Expands into Southern Europe with Audaxys Acquisition

Linedata, a global provider of credit and asset management technology, data and services, expanded its lending and leasing activities in Southern Europe with the acquisition of Audaxys in Portugal. read more

Emburse Shares Talent Strategies of 400 Finance Leaders

According to Emburse, new research suggests that large enterprises are experiencing the most churn, finance professionals are turning to other fields and employers are implementing automation to deal with current market challenges. read more

CFPB Finalizes Rule to Implement Changes Made by Section 1071 of Dodd-Frank Act

The Consumer Financial Protection Bureau finalized the rule to implement changes made by Section 1071 of the Dodd-Frank Act that requires lenders to collect and report information about small business credit applications. read more

Vanderpool Succeeds Almanza as President of BofA Phoenix

Bank of America named Scott Vanderpool president of Bank of America Phoenix and successor to current president Benito Almanza, who will retire April 6. Almanza provided 45 years of service to the company and spent 22 years as Phoenix and Arizona president. read more

First Citizens Provides $44.2MM for Medical Office Building Portfolio

First Citizens Bank's healthcare finance group provided $44.2 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building properties. read more

ACIA Aero Leasing Delivers ATR 72-500 Aircraft to Aerlink

ACIA Aero Leasing delivered the first of two ATR 72-500 aircraft to Australian charter operator Aerlink. The airline took delivery of the first ATR 72-500 in January, with the second aircraft expected to arrive before the end of the Q1/23. read more

Aviation Capital Group Delivers New A321neo to Frontier Airlines

Aviation Capital Group delivered one new Airbus A321neo aircraft on long-term lease to Frontier Airlines. This is the second of seven A321neo aircraft Aviation Capital Group has scheduled to deliver to the airline from its order book with Airbus. read more

Sumitomo Mitsui Finance and Leasing Acquires Stake in LCI

Sumitomo Mitsui Finance and Leasing agreed to acquire a 35% stake in Libra Group’s aviation subsidiary, LCI. LCI recently signed an agreement in January with Elroy Air to acquire up to 40 of the company's Chaparral vertical take-off and landing (VTOL) aircraft. read more

Kroll Bond Rating Agency Upgrades 2 Global Jet Capital Securitizations Ratings

Kroll Bond Rating Agency upgraded all tranches of notes issued in Global Jet Capital’s Business Jet Securities (BJETS) 2020-1 and BJETS 2021-1 transactions by one rating notch. read more

ELFA Presents 5 Findings from Webinar on Fraud Detection and Prevention

The Equipment Leasing and Finance Association recently held a webinar covering types of fraud common in the equipment finance industry. The session was presented by Debbie Devassy Babu, Kristian Dolan and Jeffry Elliott. read more

Regions Bank Launches International Subsidiaries Banking Group, Barros to Lead

Regions Bank launched an international subsidiaries banking group to deliver financial insights and banking services to subsidiaries of international corporations operating in the United States. Laerte Barros, who joined Regions Bank in 2022 from BBVA, will lead the new team. read more

Tamarack Partners with Vision Commerce to Accelerate Use of Origination Data to Drive Value

Tamarack Technology and Vision Commerce will partner to help equipment finance companies and brokers make better use of the data generated by their businesses. Through the partnership, Tamarack and Vision will jointly market each other’s products. read more

NSM Insurance Group Acquires Acquis

NSM Insurance Group, a specialty insurance company, entered an agreement to acquire Acquis, a European provider of specialist insurance programs to the asset finance market. read more

CNH Industrial Enters Agreement to Acquire Hemisphere GNSS

CNH Industrial entered into an agreement to purchase Hemisphere GNSS, a provider of satellite positioning technology currently owned by Unistrong. The transaction is expected to occur within Q3/23. read more

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