According to a recent report from the U.S. Department of the Treasury, there is a widening gap between large and small financial institutions when it comes to in-house AI systems, with the rise of AI creating additional cybersecurity and fraud challenges. read more
APR 1, 2024 - 6:47 am
Most aspirational 2024 New Years’ resolutions have fallen by the wayside leaving only those that are critical to mission and well-being. In equipment finance, Engaging AI in 2024 is one of the latter, not the former — making it a... read more
March 28, 2024
What does the future of work after AI look like? What if the most valuable business asset over the coming decades will be the wisdom of our mid-lifers and elders? I predict a big Western culture shift in which we... read more
March 22, 2024
Monitor is hosting Converge 2024 on May 15 – 16 in Philadelphia to build the future of the industry with companies that want to be disruptive and innovative. Monitor chose the event’s keynote speaker, Peter Hinssen, to inspire and challenge Converge’s audience to turn ‘business as usual’ operations upside-down.... read more
Jan/Feb 2024
Dakota Financial partnered with Tamarack Technology on the implementation of Tamarack’s AI Product Suite – TrailView Customer Service Portal and DataConsole. Dakota is enhancing team productivity, customer service and overall business performance. read more
FEB 27, 2024 - 5:30 am
The highly developed and evolving artificial intelligence (AI)-driven tools and resources, including those that employ natural language processing like ChatGPT and Google’s recent AI offering Bard, are providing many new opportunities for today’s finance professionals. And while experts in the... read more
June 2023
Spending on artificial intelligence in the United States will grow to $120 billion by 2025, representing a compound annual growth rate of 26% during the 2021 to 2025 forecast period, according to International Data Corporation. read more
MAR 18, 2022 - 6:34 am
Let’s face it, to the uninitiated, conversations about technology can sometimes sound like a long string of buzzwords. But understanding certain terms and implementing them will be vital to the continued success of equipment finance. With the help of our guest editors and several service providers, Monitor assembled a primer of essential technology terms. ... read more
Vol. 48 No. 1 2021
Worldwide revenues for the artificial intelligence market, including software, hardware and services, are forecasted to grow 16.4% year over year in 2021 to $327.5 billion, according to International Data Corporation. read more
FEB 24, 2021 - 6:37 am
The healthcare industry is, arguably, one of the most heavily impacted industries by the COVID-19 pandemic. Pre-pandemic, it was expected that transformative technologies like artificial intelligence, at-home diagnostics and virtual care would continue to gain traction through 2020 and beyond.... read more
Alfa, provider of Alfa Systems, released its second paper on artificial intelligence in the industry. Part 2: Using Machine Learning in the Wild explores two specific use cases which take very different approaches to machine learning implementation. read more
SEP 10, 2020 - 6:43 am
As leasing and financial companies, when we hear the term artificial intelligence (AI), the first thing many of us think about is software and big data applications. But the truth is many of our customers and primary lines of business... read more
Fincura has announced a new initiative to help equipment finance and leasing companies address the massive influx of financial documents during this pandemic. read more
MAR 31, 2020 - 6:56 am
In magazine articles and summits, the equipment leasing and finance industry has begun to move beyond a discussion of emerging technologies and onto practical implementation. John Hurt interviews Fusemachines founder Sameer Maskey and examines how companies can take on what can often seem like a daunting task when they decide to integrate new technologies into their platforms.... read more
August 2019
Dexter Van Dango sees the future as a synthesis of the past and present as companies develop new technology to adapt some old-fashioned teamwork. He believes equipment finance and leasing companies should take advantage of not only collaborative work models but the agility fintechs and artificial intelligence will continue to offer them.... read more
January/February 2019