Factoring Finans chooses Lendscape for factoring technology
Factoring Finans chooses Lendscape for factoring technologyMay 31, 2023
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Ikano Bank digitalises with NETSOL’s NFS Ascent and digital platformsNETSOL Technologies, Inc. has announced the go-live of its next-generation solution NFS Ascent for Ikano Bank – a Swedish bank operating across the Nordic and European regions. NETSOL’s NFS Ascent and suite of digital solutions are being implemented on the Cloud to support Ikano Bank’s lending to businesses.
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Acquis launches first end-to-end digital journey with NovaLendAcquis, provider of outsourced insurance solutions to the European asset finance industry, has announced the launch of its first end-to-end digital customer journey with French leasing SaaS platform NovaLend. Digitalisation is at the top of the agenda for many companies in the equipment finance sector – and this is no different for Acquis.
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Kennet Equipment Leasing goes live with LeasepathLeasepath, the cloud-first Intelligent Workplace Finance Origination (LOS) and Customer Engagement (CRM) platform built for asset finance, has announced a successful implementation with Kennet Equipment Leasing. Part of the Star Asset Finance network, Kennet has adopted the true cloud Leasepath platform across the entire enterprise, giving them a centralized hub to empower their teams to deliver quickly and consistently for their customers.
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Lendscape bolsters support for German factoring marketLendscape has become an official member of the Federal Association of Factoring for SMEs (BFM) in Germany. The announcement follows the hiring of key roles to support the region, showing Lendscape’s commitment to the German market.
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NETSOL Technologies reports fiscal Q3 2023 financial resultsNETSOL Technologies, Inc. have reported results for the fiscal third quarter ended March 31, 2023. Total net revenues for the third quarter of fiscal 2023 were $13.5 million, compared with $14.8 million in the prior year period, with the decrease primarily due to a fall of $1.8 million in services revenue and offset by an increase in license fees of $362,000.
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NETSOL announces launch of Hubex API libraryGlobal business services and enterprise application solutions provider, NETSOL Technologies, Inc., has announced the launch of Hubex, an API library that enables companies to standardize all their API integration procedures across multiple API services through a single integration. Hubex is NETSOL’s second product offering from the AppexNow marketplace following Flex, an API-based, ready-to-use calculation engine.
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Ultimate Finance joins industry collaboration to fight against fraudSpecialist asset finance lender Ultimate Finance is the most recent player to join the Acquis Lumia family in the fight against fraud. A central register of borrowing for the asset finance industry, Acquis Lumia, has been designed by an industry working party to assist asset finance providers to identify suspicious or irregular balance-sheet borrowing on a large scale.
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Staffordshire University achieves compliance assurance for grey fleet with DAVIS single sign onStaffordshire University has been able to achieve compliance assurance around its grey fleet of more than 400 drivers thanks to the DAVIS driver and risk management platform from Licence Check incorporating its Single Sign On (SSO) framework. As well as the 405 university staff using their own vehicles for occupational driving, Staffordshire University, which has around 12,000 students across five campuses, also operates an owned and leased fleet of 24 vehicles, with 18 vans, two ambulances, two tractors, a mowing machine and a car for dignitaries.
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White Oak joins the fight against fraudAcquis Data Services have announced that non-bank lender, White Oak, is the latest company to sign up to Acquis Lumia, the innovative register of asset finance borrowing designed with the cooperation of the industry to reduce fraud.
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CHG-MERIDIAN on a growth path: significant increase in lease originationsIn a challenging market environment, CHG-MERIDIAN performed well in 2022. Compared with the previous year, it achieved an improvement in lease originations of 29.3 percent to a record figure of €2.23 billion (2021: €1.73 billion). Mathias Wagner, CEO of CHG-MERIDIAN, commented: “Many markets have regained momentum after the impact of supply bottlenecks and the coronavirus pandemic and thus contributed to our positive performance.
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DAVIS hits the 1 million mark for the first timeLicence Check has officially checked more than 1 million licences in a calendar year through its DAVIS platform for the first time in its history according to the latest Driver and Vehicle Licensing Agency (DVLA) figures.
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