Teamwill acquires ARC Global Services
Teamwill acquires ARC Global ServicesJun 05, 2024
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Building the tech-enabled ‘next-gen’ asset finance business – a practical guide for lenders and their tech teams90-minute workshop run by Murad Baig, head of asset and auto finance at FIS, for asset finance practitioners (business leaders and technologists) focusing on three core pillars of transformation: automation, sustainability and ecosystems. This is a practical workshop which includes real-life use cases and a summary of the lessons learned from FIS and other organisations’ tech implementations.
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Odessa is the headline sponsor of Asset Finance Connect Summer 2024 ConferenceAsset Finance Connect is pleased to announce that Odessa are headline sponsor of the AFC UK Summer 2024 Conference. “We are delighted to back the Asset Finance Connect’s annual conference as it considers how technology and regulation can build a better industry which achieves great outcomes for its customers and increasing returns for its stakeholders. This is an important moment for the industry and a time when it is important for the industry thought leaders to meet,” said Alexandre Ellwood, Managing Director Europe at Odessa.
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Building the tech-enabled ‘next-gen’ asset finance business – a practical guide for lenders and their tech teams
Odessa is the headline sponsor of Asset Finance Connect Summer 2024 ConferenceCASE STUDY: how to optimise lease renewals using machine learningPresentation for lending professionals on the practical application of machine learning as a predictor of a lease entering a renewal period followed by Q&A's.
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Simply goes live with Lendscape's asset finance platformSpecialist business lending provider Simply Asset Finance has successfully gone live with Lendscape’s asset finance platform. With Lendscape, Simply Asset Finance will benefit from enhanced back-office operational efficiency and customer service capabilities. The platform will support rapid growth and adapt quickly to changing market conditions.
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NETSOL Technologies reports 14% revenue growth in Q3 FY 2024NETSOL Technologies, Inc. reported an increase of 14% in total net revenues for the third quarter of fiscal year 2024 to US$15.5 million, compared with US$13.5 million in the same period of FY 2023.
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Time Finance launches ID&V technology as part of digital enhancement strategyTime Finance has announced the launch of its new ID&V (identity verification) technology in partnership with Nivo Solutions. This collaboration marks a significant milestone for the asset finance lender, in providing technology which enhances its customer’s experience when undertaking an asset finance deal.
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HSBC Equipment Finance joins Acquis LumiaHSBC Equipment Finance is the latest organisation to sign up to the Acquis Lumia platform, which was launched by Acquis Data Services to help prevent fraud within the asset finance market. As one of the largest asset finance providers in the UK, HSBC has over £4bn of asset finance lending, offering intermediate and long-term, general and industrial credit services to its business clients.
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Lendscape launches data-driven solution for invoice financeLendscape has announced the launch of Lendscape CONNECT, a solution designed to widen access to invoice finance by removing the traditional barriers involved for lenders and their clients. Lendscape CONNECT brings together open accounting technology and advanced Shadow Ledger functionality to digitalise and automate the invoice finance operations for banks and lenders, driving down costs while providing improved risk control.
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Banks increase artificial intelligence headcount by 9%Banks are increasing AI talent headcount at double the rate of overall headcount growth, according to new insight from AI benchmarking and intelligence platform Evident. Evident’s AI Talent Capability Dispatch shows that the overall pool of AI talent employed by 50 of the world’s biggest banks increased by 9% over the last six months. This is double the rate of growth observed in overall headcount across the same banks amidst continuing layoffs.
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Cambridge & Counties Bank joins the Acquis Lumia communityLeicester-headquartered Cambridge & Counties Bank, a specialist lender to SMEs and professional investors, has become the latest financial institution to join the Acquis Lumia community and its ongoing collaborative fight against fraud. Launched in 2022, Lumia is a central register of asset finance borrowing which has been designed to give unique data insights within the asset finance market, enabling lenders to make informed decisions.
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Novuna Business Finance enhances quick quoting on MercuryNovuna Business Finance has significantly improved Mercury, its front-end proposal management and tracking system, by delivering innovative quick quoting enhancements. The new functionality builds on the existing feature which enables Introducers to create quick quotes for their customer without needing to enter full proposal details upfront.
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Wayve raises over US$1 billion to develop AI automated driving technologyBritish AI company Wayve has secured a US$1.05 billion investment to accelerate its mission to reimagine autonomous mobility through embodied intelligence. Backed by SoftBank Group, NVIDIA and Microsoft, Wayve will use this latest investment to fully develop and launch the first ‘embodied AI’ technology products for self-driving vehicles in the UK.
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CASE STUDY: how to optimise lease renewals using machine learning
Simply goes live with Lendscape's asset finance platform
NETSOL Technologies reports 14% revenue growth in Q3 FY 2024
Time Finance launches ID&V technology as part of digital enhancement strategy
HSBC Equipment Finance joins Acquis Lumia
Lendscape launches data-driven solution for invoice finance
Banks increase artificial intelligence headcount by 9%
Cambridge & Counties Bank joins the Acquis Lumia community
Novuna Business Finance enhances quick quoting on Mercury 
Wayve raises over US$1 billion to develop AI automated driving technology