Delegates of IAFN Online’s inaugural events offer insight into where the industry stands on COVID-19 challenges

In the first IAFN Online conference named ‘COVID-19 impact on Auto and Equipment Finance’, senior executives in the industry were informed of the array of incentives and support that is available in the industry at the current time and how they could be accessed.

Delegates of IAFN Online’s inaugural events offer insight into where the industry stands on COVID-19 challenges

May 27, 2020

In the first IAFN Online conference named ‘COVID-19 impact on Auto and Equipment Finance’, senior executives in the industry were informed of the array of incentives and support that is available in the industry at the current time and how they could be accessed.

AF50 UK 2020 highlights 25 years of gradual change in asset finance

Last week, the fifth annual edition of the Asset Finance 50 (AF50), the ranking survey of the UK asset finance industry that I collate, was published by Asset Finance International (AFI) with the support of Alfa. As usual, in preparing the latest edition we relied entirely on fully audited and publicly available data on net investment in finance leases and minimum operating lease receivables. The report provides details of our methodology including its limitations.

AF50 UK 2020 highlights 25 years of gradual change in asset finance

May 26, 2020

Last week, the fifth annual edition of the Asset Finance 50 (AF50), the ranking survey of the UK asset finance industry that I collate, was published by Asset Finance International (AFI) with the support of Alfa. As usual, in preparing the latest edition we relied entirely on fully audited and publicly available data on net investment in finance leases and minimum operating lease receivables. The report provides details of our methodology including its limitations.

Raft of senior appointments for asset finance software firm White Clarke Group

In its latest announcement, automotive and asset finance software provider White Clarke Group (WCG) has reshuffled its senior board of management. Following the Group’s recent hiring of Wayne Ross as chief technology officer, the company has announced that Peter Dyson (pictured above) will be appointed as chief product officer. Joining WCG as the UK managing director, Dyson advanced to his most recent role as group chief operative officer and will now be responsible for the company’s functional governance, the alignment of sales and marketing efforts and the rollout of new product offerings and services.

Raft of senior appointments for asset finance software firm White Clarke Group

May 20, 2020

In its latest announcement, automotive and asset finance software provider White Clarke Group (WCG) has reshuffled its senior board of management. Following the Group’s recent hiring of Wayne Ross as chief technology officer, the company has announced that Peter Dyson (pictured above) will be appointed as chief product officer. Joining WCG as the UK managing director, Dyson advanced to his most recent role as group chief operative officer and will now be responsible for the company’s functional governance, the alignment of sales and marketing efforts and the rollout of new product offerings and services.

Thought Leaders

Why data integration hubs could be key to digital transformation

Apr 27, 2020

Banking used to be a sector with low customer churn and, especially in commercial banking, customers would typically meet with their asset finance consultant face to face and only when they needed to discuss funding opportunities. However, the world of banking is evolving as customer expectations have been completely revolutionised by their interactions with ecommerce, tourism and other very customer-centric industries. This change is also reflected in business customer behaviour and in commercial banking.

Appointments

New senior team appointed at DRIVE Software Solutions

Apr 22, 2020

A new team of technology experts has been appointed to lead cloud-enabled fleet management platform DRIVE Software Solutions. Richard Parris, chairman of Sabien Technology Group and chief executive officer at Salt Cybersecurity, will become chairman of the board upon completion of a current assignment. David King (pictured above) is joining DRIVE as chief executive officer having built a series of successful technology firms over the past two decades. Robert Gorby has been appointed as chief commercial officer and brings 20 years of sales and marketing experience to the business.

Leasing Professionals

Rallying the industry: The UK finance associations speak out as FLA receives over half-million forbearance requests

Apr 16, 2020

After drawing breath and putting the UK government’s pandemic economic remedies under the microscope, the Finance & Leasing Association (FLA) and the British Vehicle Rental & Leasing Association (BVRLA) have just moved to make their voices heard. On Wednesday 15 April Stephen Haddrill, director general of the FLA, highlighted to the Treasury Select Committee the need for non-bank lenders to have access to the Term Funding Scheme, and for critical changes to be made to the Consumer Credit Act (CCA) to allow swift help for consumers in financial difficulty.