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
MAR 31, 2023 - 6:54 am
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
MAR 31, 2023 - 6:52 am
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
MAR 31, 2023 - 6:51 am
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
MAR 31, 2023 - 6:47 am
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
MAR 31, 2023 - 6:46 am
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
MAR 31, 2023 - 6:44 am
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
MAR 31, 2023 - 6:42 am
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
MAR 31, 2023 - 6:40 am
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
MAR 30, 2023 - 7:16 am
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
MAR 30, 2023 - 7:15 am
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
MAR 30, 2023 - 7:15 am
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
MAR 30, 2023 - 7:13 am
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
MAR 30, 2023 - 7:10 am
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
MAR 30, 2023 - 7:08 am
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
MAR 30, 2023 - 7:06 am