Technology Related Content

Risk Management Must Consider New Data to Survive in Post-COVID Economy

Scott Nelson

“We need to understand risk better.” “Originations are up. My worry is our existing customers’ business health.” “We have to decrease our distance from customers.” Risk managers’ plates are full. These recent comments from lessor leaders regarding today’s economic environment... read more

Wells Fargo Names Bates Technology Control Executive

Wells Fargo named Julia Bates technology control executive. Bates joined from JPMorgan Chase’s Commercial Bank, where she served as chief control manager. read more

Viability of Sales and Marketing in a Technological Era

Technology is changing sales and marketing for the better. However, as Eric Bicknase explains, to fully realize these improvements, salespeople must determine the best ways to use these technologies in terms of communication, information, automation and personalization.... read more

What’s Next in Equipment Finance’s Digital Journey?

The first decade or so of digital transformation in equipment leasing and financing companies has happened in bespoke fits and starts. But as that work continues into the next ten years, digital coordination with vendors and different industry partners will become even more important.... read more

David vs. Goliath vs. Godzilla

As Big Tech moves into banking and banks move into the direct channel, should third-party originators (TPOs) start looking for a new gig? Theresa Kabot says “no” and argues that brokers who know how to leverage their network and interpersonal skills will provide value-added financing services that even the best AI cannot deliver.... read more

New ELFF Report Examines Digitalization in the Equipment Finance Industry

The value and long-term significance of digitization is pervasive within the equipment finance industry but still in its early stages, according to a new study from the ELFF. read more

“Vuja De” Thinking in Equipment Finance

When we experience something new and feel that we’ve experienced it before, we call it déjà vu. But vuja de, the act of looking at something familiar with fresh eyes, is what can most benefit the equipment finance industry. Deborah Reuben takes a look at ways firms are enacting their own version of vuja de, especially when it comes to technological innovation.... read more

Santander Launches Specialized Banking Group Led by Vaughan Alexanderson

Santander Bank launched a Specialized Banking Group led by Emily Vaughan Alexanderson to enhance its ability to serve the needs of educational, nonprofit, professional services, and technology and life sciences companies. read more

Wells Fargo Hires JPMorgan Vet Van Beurden as Head of Technology

Wells Fargo named Saul Van Beurden head of Technology, a new role. Van Beurden, a 25-year financial services veteran, most recently served as chief information officer of consumer and community banking at JPMorgan Chase. read more

Gartner: Worldwide PC Shipments Experience Flat Growth in Q3/18

According to Gartner, worldwide PC shipments experienced flat growth in Q3/18. However, the PC market continued to be driven by steady corporate PC demand, which was driven by Windows 10 hardware upgrades. read more

The Age of Omnichannel: Utilizing Technology to Meet Customers Where They Are

In a Monitor Q&A, executives from four software companies — Farooq Ghauri of NetSol Technologies, Mukul Mittal from Cloud Lending Solutions, Madhu Natarajan from Odessa Technologies and Jeff Van Slyke from LeaseTeam — discuss blockchain, AI, smart contracts, machine learning and other technology strategies for equipment finance companies.... read more

ELFA Software Guide Helps EF Firms Compete in New Digital Frontier

According to the latest ELFA Software Guide, equipment finance firms are adapting their business processes and recognizing the value of investing in technology upgrades. read more

The Next Big Trend: Equipment Finance is Ready for a Platform

In a Monitor Q&A, executives from five software companies — Michael Campbell from International Decision Systems, Simon Clark of Alfa, Farooq Ghauri of NetSol Technologies, Madhu Natarajan of Odessa Technologies and Jeff Van Slyke of LeaseTeam — discuss keeping up with the digital demands of today’s martketplace, including harnessing the power of Big Data and predictive analytics while utilizing the cloud. They outline how technology can help a company achieve intimacy with its customers and predict the next big technological trends for the industry.... read more

Technological Innovation Essential to Spur U.S. Manufacturing Growth

According to the 2016 Industrial Manufacturing Trends Report published by PwC, investments in technology are “essential” for the growth of the U.S. manufacturing sector. read more

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Terry Mulreany
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