According to the latest data from Equifax Canada’s Market Pulse Q1/24 Business Credit Trends Report, new installment loan originations surged by 74% year over year in the second half of 2023. read more

JUN 19, 2024 - 6:37 am

Equifax is launching a real-time, know your business, online business verification solution to help U.S. lenders and businesses make faster, more informed decisions before onboarding new accounts and/or vendors. read more

MAR 1, 2024 - 6:50 am

Bill Phelan, one of the co-founders of PayNet and current senior vice president and general manager at Equifax, announced on LinkedIn that he will be retiring from the company to “pursue new ventures.” read more

JAN 16, 2024 - 7:31 am

The U.S. is powered by small businesses, but many of these companies have limited access to capital. Bill Phelan and Barry Ripes discuss this trend and outline how Equifax is helping to improve financial inclusion in the industry.... read more

Monitor 50th Anniversary 2023

Monitor, the leading publication in the equipment finance industry, held Converge, its 50th anniversary celebration, in Philadelphia on Wednesday and Thursday, featuring a full-day conference and an evening gala during which it announced the winners of the 2023 Converge Awards. read more

JUN 16, 2023 - 6:03 am

The Equipment Leasing & Finance Foundation released its 2021 Industry Future Council (IFC) report, which identifies six inter-related trends that are predicted to impact the equipment finance industry in the next five years. read more

OCT 26, 2021 - 6:00 am

A majority of participants polled during a session presented at ELFA 2020 Business LIVE! said that independents will gain market share over banks and captives in 2021. Where they are finding opportunities and how they pursue deals were among the topics of an event session. read more

NOV 25, 2020 - 6:47 am

The Equipment Leasing and Finance Association revealed the results of its business council steering committee elections, naming the members of the five committees representing key business sectors of the association membership. read more

NOV 24, 2020 - 7:14 am

The Equipment Leasing and Finance Association named its new board of directors, with Kristine A. Snow, president of Cisco System Capital, as the association’s new board chair and Michael DiCecco, president of Huntington Equipment Finance, as its new chair-elect. read more

OCT 28, 2020 - 7:48 am

PayNet launched the P3 Data Pack, a new platform to help lenders expedite Paycheck Protection Program loans to small businesses. read more

APR 28, 2020 - 6:48 am

FICO and Equifax introduced the Data Decisions Cloud, an end-to-end data and analytics suite that addresses key needs across risk, marketing, and fraud to enable financial institutions to more quickly meet the needs of their consumers. read more

APR 26, 2019 - 7:09 am

Equifax announced the appointment of Mark Begor as chief executive officer. Begor, most recently managing director at Warburg Pincus, spent 35 years at GE, including nine years as leader of GE’s retail credit card business. read more

APR 2, 2018 - 7:04 am

The SEC charged a former CIO of a U.S. business unit of Equifax with insider trading before the company announced a massive data breach that exposed the social security numbers of about 148 million U.S. customers. read more

MAR 19, 2018 - 8:27 am