CASE STUDY: how to optimise lease renewals using machine learning

Presentation 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.

CASE STUDY: how to optimise lease renewals using machine learning

May 23, 2024

Presentation 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.

Simply goes live with Lendscape's asset finance platform

Specialist 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.

Simply goes live with Lendscape's asset finance platform

May 21, 2024

Specialist 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.

NETSOL Technologies reports 14% revenue growth in Q3 FY 2024

NETSOL 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.

NETSOL Technologies reports 14% revenue growth in Q3 FY 2024

May 21, 2024

NETSOL 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.

Time Finance launches ID&V technology as part of digital enhancement strategy

Time 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.

Time Finance launches ID&V technology as part of digital enhancement strategy

May 17, 2024

Time 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.

HSBC Equipment Finance joins Acquis Lumia

HSBC 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.

HSBC Equipment Finance joins Acquis Lumia

May 17, 2024

HSBC 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.

Lendscape launches data-driven solution for invoice finance

Lendscape 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.

Lendscape launches data-driven solution for invoice finance

May 17, 2024

Lendscape 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.

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.

Banks increase artificial intelligence headcount by 9%

May 09, 2024

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.

Cambridge & Counties Bank joins the Acquis Lumia community

Leicester-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.

Cambridge & Counties Bank joins the Acquis Lumia community

May 08, 2024

Leicester-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.

Novuna Business Finance enhances quick quoting on Mercury

Novuna 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.

Novuna Business Finance enhances quick quoting on Mercury

May 08, 2024

Novuna 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.

Wayve raises over US$1 billion to develop AI automated driving technology

British 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.

Wayve raises over US$1 billion to develop AI automated driving technology

May 07, 2024

British 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.

VIP Apps Consulting transforms syndication processes of Japanese manufacturing giant

VIP Apps Consulting has successfully completed a ground-breaking project with a prominent imaging and electronics equipment manufacturer in the United States. Specialising in management consulting, business process automation, and technology consultancy, VIP Apps Consulting collaborated with the Japanese manufacturer to streamline and elevate their investor management processes and solution.

VIP Apps Consulting transforms syndication processes of Japanese manufacturing giant

Apr 30, 2024

VIP Apps Consulting has successfully completed a ground-breaking project with a prominent imaging and electronics equipment manufacturer in the United States. Specialising in management consulting, business process automation, and technology consultancy, VIP Apps Consulting collaborated with the Japanese manufacturer to streamline and elevate their investor management processes and solution.

Why, where and how asset finance brokers should use tech in their businesses

During the latest Asset Finance Connect (AFC) webcast, sponsored by NETSOL Technologies, representatives from the asset finance broker and lender communities came together to explore the role of broker technology, looking at why, where and how brokers can use tech to do more business, improve margins and better serve customers and lenders.

Why, where and how asset finance brokers should use tech in their businesses

Apr 25, 2024

During the latest Asset Finance Connect (AFC) webcast, sponsored by NETSOL Technologies, representatives from the asset finance broker and lender communities came together to explore the role of broker technology, looking at why, where and how brokers can use tech to do more business, improve margins and better serve customers and lenders.