Ever Upward: The Bank 50 Continues its Steady Climb
In a remarkable year in which the Monitor 100 companies blew past the $500 billion-dollar mark in net assets, Monitor’s Bank 50 followed suit with a solid 5.5% in annual net asset growth. Banc of America Leasing retained its perennial position as No. 1 in net assets, but thanks to a 7.1% year-over-year increase in new business volume Wells Fargo Equipment Finance came through to steal the originations crown.
Living in the Future
Trying to get a read on current technology can be difficult enough, but trying to predict where it’s going, especially for a non-expert, can seem impossible. Monitor interviewed six executives from different software companies to provide a guide to both current and future digital trends.
The Only Speed Fast Enough is Instant
Sometimes, the best source of inspiration comes from an outside perspective. At this year’s CEMC Fintech Innovation Summit, held this past June in California, attendees heard from a diverse array of speakers that offered unique viewpoints and lessons that could be applied back to the equipment financing industry.
BY DEBORAH REUBEN
Eliminate Outsourcing Angst
Engaging professional service providers is common in the equipment finance and leasing industry, but as the capabilities of these firms have expanded, the decision to outsource has become more complex. Monitor assembled a panel of experts who discuss the two vital steps of third-party engagement: deciding if a project should be outsourced and choosing the right provider.
BY JOHN BOBER & RITA GARWOOD
Blockchain is a hot topic in the financial world, but most companies are still trying to decipher how it will help their businesses. BlocLedger’s Al Brandt explains the current state of blockchain and explores the ways his company plans to bring the equipment financing industry on board.
BY AMANDA KOPROWSKI
Addressing the Elephant in the Room
In magazine articles and summits, the equipment leasing and finance industry has begun to move beyond a discussion of emerging technologies and onto practical implementation. John Hurt interviews Fusemachines founder Sameer Maskey and examines how companies can take on what can often seem like a daunting task when they decide to integrate new technologies into their platforms.