For equipment leasing companies to survive and thrive through the rest of the COVID-19 pandemic and beyond, they must fully embrace digital transformation. Mukul Mittal outlines the most important trends in financial technology and how equipment lessors can use them to improve all aspects of lease management. ... read more
Nov/Dec 2020
Bruno Wu will step down as executive chairman of Ideanomics on Dec. 31 and Alf Poor will succeed as interim chairman. Wu will assume the role of chairman emeritus, with director Chao Yang also leaving the board for an advisory role. read more
DEC 28, 2020 - 6:07 am
BMO Financial Group has entered into a definitive agreement to acquire Clearpool Group, a New York-based provider of holistic electronic trading solutions and an independent agency broker-dealer. read more
JAN 24, 2020 - 7:00 am
Bloomberg reported that fintech’s ability to compete with banks will accelerate in the next decade. read more
DEC 26, 2019 - 6:55 am
Financial technology — fintech — has reshaped the financing landscape for more than a decade. How has this first generation of fintech transformed equipment finance? How will the next? Turns out Fintech Gen 1 has proven more of an industry... read more
August 2019
In an ever-evolving supply chain finance (SCF) industry, financial technology providers continue to disrupt the bank-led status quo and garner an increasing market share because of their flexible financing strategies. read more
APR 9, 2019 - 6:55 am
The FDIC issued a Financial Institution Letter reminding its member banks with less than $1 billion in total assets to account for the risk posed by the use of technology service providers in the event of a cessation of operations or data breach. read more
APR 5, 2019 - 6:45 am
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
BB&T announced a $5 million investment in Enigma, which represents its first outlay of a $50 million fintech commitment. read more
SEP 19, 2018 - 6:57 am
According to a KPMG report, investment in U.S. based fintech companies surged to $14.2 billion across 427 deals during the first half of 2018. read more
AUG 6, 2018 - 6:58 am
The Office of the Comptroller of the Currency will begin accepting applications for national bank charters from non-depository fintech companies engaged in the business of banking. read more
AUG 2, 2018 - 6:55 am
Monitor has reported on six U.S. recessions during its 44 years in print. On the wings of the second-longest economic expansion in U.S. history, Dexter Van Dango asks the question lingering in the back of our minds: When will the next recession hit?... read more
Monitor 100 2018
While fintech equipment finance is currently in stealth mode, The Alta Group expects efficient, well-designed fintechs to make their mark on the industry very soon. With the help of her colleagues, Patricia Voorhees explores what this will mean for vendor and captive finance companies.... read more
May/June 2018
CIT’s point-of-sale digital platform was named the winner of FinTech Breakthrough’s "Best Small Business Lending Solution" award. read more
MAY 7, 2018 - 2:14 pm
The SEC charged Michael Liberty, the founder of fintech startup now known as Mozido, with a scheme to trick hundreds of investors into investing in his shell companies instead of Mozido. read more
APR 3, 2018 - 6:30 am