Hitachi Capital America extends its relationship with long-term software partner White Clarke Group

Hitachi Capital America has extended its software partnership with global automotive, consumer and equipment finance software company White Clarke Group. The finance provider will continue its use of the CALMS Compass software solution to manage its floorplan and wholesale finance business.

Hitachi Capital America extends its relationship with long-term software partner White Clarke Group

Oct 22, 2019

Hitachi Capital America has extended its software partnership with global automotive, consumer and equipment finance software company White Clarke Group. The finance provider will continue its use of the CALMS Compass software solution to manage its floorplan and wholesale finance business.

CPU Group partners with Great American Insurance Group to target European growth

CPU Group, a leading provider of technology device insurance, has agreed a long-term partnership with Great American Insurance Group’s European division. CPU Group is a specialist technology and asset protection provider that provides B2B insurance schemes for electronic equipment including laptops, smartphones and tablets. The agreement with Great American will support pan-European growth for both companies.

CPU Group partners with Great American Insurance Group to target European growth

Oct 22, 2019

CPU Group, a leading provider of technology device insurance, has agreed a long-term partnership with Great American Insurance Group’s European division. CPU Group is a specialist technology and asset protection provider that provides B2B insurance schemes for electronic equipment including laptops, smartphones and tablets. The agreement with Great American will support pan-European growth for both companies.

New brand Moblyx launches mobile apps for fleet and mobility customers

Moblyx, an independent designer and creator of apps for the fleet and mobility sectors, has launched a range of products for the fleet and mobility market. M Inspect is a vehicle condition inspection app, while M Carpool supports the creation and control of a vehicle pool.

New brand Moblyx launches mobile apps for fleet and mobility customers

Oct 21, 2019

Moblyx, an independent designer and creator of apps for the fleet and mobility sectors, has launched a range of products for the fleet and mobility market. M Inspect is a vehicle condition inspection app, while M Carpool supports the creation and control of a vehicle pool.

NETSOL secures $4 million contract with UK vehicle finance company

NETSOL Technologies has signed a new multi-million-dollar contract with a large independent used vehicle finance company in the UK. The UK contract will include the implementation of NETSOL's NFS Ascent wholesale finance platform and is expected to be worth $4 million. The name of the client is not being made public.

NETSOL secures $4 million contract with UK vehicle finance company

Jul 29, 2019

NETSOL Technologies has signed a new multi-million-dollar contract with a large independent used vehicle finance company in the UK. The UK contract will include the implementation of NETSOL's NFS Ascent wholesale finance platform and is expected to be worth $4 million. The name of the client is not being made public.

Klare launches all-digital insurance brokerage in Chile

Insurance specialist Klare has launched a digital-only broker platform in Chile. The company – a start-up backed by Banco Santander Chile and ZIMS – is offering an online brokerage service across multiple sectors, such as life and automotive insurance. The company says that any Chilean citizen with an ID card and credit card can access its services at any time.

Klare launches all-digital insurance brokerage in Chile

Oct 21, 2019

Insurance specialist Klare has launched a digital-only broker platform in Chile. The company – a start-up backed by Banco Santander Chile and ZIMS – is offering an online brokerage service across multiple sectors, such as life and automotive insurance. The company says that any Chilean citizen with an ID card and credit card can access its services at any time.

Why a flood of new technology could switch off dealership efficiency

Software has been hailed as a saviour for dealerships as it automates routine tasks and provides rapid business insights, but experts warn the growing range of platforms in use could undermine its benefits. Industry analysis found that many new systems are isolated from existing networks, which creates a series of software silos that become a burden, with multiple logins that cause added friction and demand extra effort during the daily administration of the business.

Why a flood of new technology could switch off dealership efficiency

Oct 16, 2019

Software has been hailed as a saviour for dealerships as it automates routine tasks and provides rapid business insights, but experts warn the growing range of platforms in use could undermine its benefits. Industry analysis found that many new systems are isolated from existing networks, which creates a series of software silos that become a burden, with multiple logins that cause added friction and demand extra effort during the daily administration of the business.

TSB and Vocalink announce new partnership to combat payment fraud

Retail and commercial bank TSB is implementing a new security solution to combat payment fraud. The bank is launching ‘confirmation of payee’ for its customers in partnership with payment systems provider Vocalink. The enhanced layer of security helps prevent banks’ digital customers from sending money to the wrong bank account or falling victim to payment fraud.

TSB and Vocalink announce new partnership to combat payment fraud

Oct 11, 2019

Retail and commercial bank TSB is implementing a new security solution to combat payment fraud. The bank is launching ‘confirmation of payee’ for its customers in partnership with payment systems provider Vocalink. The enhanced layer of security helps prevent banks’ digital customers from sending money to the wrong bank account or falling victim to payment fraud.

IDS acquired by software focused private equity company Thoma Bravo

IDS, the global provider of asset finance software solutions, has been acquired by Thoma Bravo, a software-focused private equity investment firm. Thoma Bravo takes over majority ownership from current investor SV Investment Partners. The new partnership is intended to accelerate growth plans at the software provider, including expansion of cloud-based services and its other core products. Thoma Bravo will partner with the existing IDS management team on strategic growth plans and product development.

IDS acquired by software focused private equity company Thoma Bravo

Oct 08, 2019

IDS, the global provider of asset finance software solutions, has been acquired by Thoma Bravo, a software-focused private equity investment firm. Thoma Bravo takes over majority ownership from current investor SV Investment Partners. The new partnership is intended to accelerate growth plans at the software provider, including expansion of cloud-based services and its other core products. Thoma Bravo will partner with the existing IDS management team on strategic growth plans and product development.

Bynx enhances user experience with latest software release

Software solutions provider Bynx has released the latest version of its flagship fleet and mobility management package. The latest update (Version 12.10) includes new features focusing on the importance of user experience, such as improved design, advanced compliance with World Harmonised Light Vehicle Test Procedure (WLTP), enhanced remarketing functionality, in-built inspections, carpooling capability, broker apps and updated reports. Gary Jefferies, sales and marketing director at Bynx, said: “Alongside fortifying Bynx in terms of its mobility management capability, we are focused on the end-user experience in this release.

Bynx enhances user experience with latest software release

Oct 07, 2019

Software solutions provider Bynx has released the latest version of its flagship fleet and mobility management package. The latest update (Version 12.10) includes new features focusing on the importance of user experience, such as improved design, advanced compliance with World Harmonised Light Vehicle Test Procedure (WLTP), enhanced remarketing functionality, in-built inspections, carpooling capability, broker apps and updated reports. Gary Jefferies, sales and marketing director at Bynx, said: “Alongside fortifying Bynx in terms of its mobility management capability, we are focused on the end-user experience in this release.

Soft4Leasing plans next stage of global expansion

In 2003, a number of Scandinavian banks had broken into the Lithuanian market and were seeking well-built software to manage their leasing business. In response, a team of co-founders established the software provider Softera Baltic. With more than 15 years of experience in the IT industry and enterprise resource planning (ERP), the founders recognised the need for end-to-end leasing software that managed the complex range of assets that banks finance for their clients – ranging from vehicles and equipment to property and other assets. The result was Soft4Leasing and since its launch, the company has expanded to become a global software provider, delivering is software through partners throughout Europe, North America, Asia, Australasia, the Middle East and Africa.

Soft4Leasing plans next stage of global expansion

Oct 02, 2019

In 2003, a number of Scandinavian banks had broken into the Lithuanian market and were seeking well-built software to manage their leasing business. In response, a team of co-founders established the software provider Softera Baltic. With more than 15 years of experience in the IT industry and enterprise resource planning (ERP), the founders recognised the need for end-to-end leasing software that managed the complex range of assets that banks finance for their clients – ranging from vehicles and equipment to property and other assets. The result was Soft4Leasing and since its launch, the company has expanded to become a global software provider, delivering is software through partners throughout Europe, North America, Asia, Australasia, the Middle East and Africa.

IRIS Software Group builds international capabilities with acquisition of Innervision

IRIS Software Group has acquired Innervision, a global provider of lease accounting software, lease management consultancy and services. The deal is the latest stage in IRIS Software Group’s global expansion and is its fourth acquisition during 2019. Since July 2013, IRIS Software Group has brought 19 companies into the group from sectors including accountancy, payroll, human resources, business accounting and education.

IRIS Software Group builds international capabilities with acquisition of Innervision

Sep 16, 2019

IRIS Software Group has acquired Innervision, a global provider of lease accounting software, lease management consultancy and services. The deal is the latest stage in IRIS Software Group’s global expansion and is its fourth acquisition during 2019. Since July 2013, IRIS Software Group has brought 19 companies into the group from sectors including accountancy, payroll, human resources, business accounting and education.

Visma Finance chooses Tieto’s platform for factoring

The new finance arm of Enterprise Resource Planning (ERP) provider Visma has chosen Tieto's platform ProFinance to offer factoring to its Swedish SME customers. The platform will provide Visma Finance with a modular automated platform to improve operational efficiency and user experience. The Visma group consists of more than 200 companies across 16 countries worldwide. The structure allows the business to remain close to local markets while sharing expertise globally as it delivers software that simplifies and digitises key business processes in the private and public sector.

Visma Finance chooses Tieto’s platform for factoring

Sep 13, 2019

The new finance arm of Enterprise Resource Planning (ERP) provider Visma has chosen Tieto's platform ProFinance to offer factoring to its Swedish SME customers. The platform will provide Visma Finance with a modular automated platform to improve operational efficiency and user experience. The Visma group consists of more than 200 companies across 16 countries worldwide. The structure allows the business to remain close to local markets while sharing expertise globally as it delivers software that simplifies and digitises key business processes in the private and public sector.

Electric aircraft development is slowly taking off

The fledgling manned electric aircraft industry is in need of patient investors and asset financing as companies start on the road to developing new technology, according to IDTechEx. The emerging technology research company said those companies that have started off with simple applications are seeing some success with Bye Aerospace attracting $165 million in business in one year. Another company, Ampaire has advanced electric aircraft technology available but it has started with a relatively straightforward replacement of one engine in a small Cessna propellor plane to create hybrid electric versions. Raghu Das, IDTechEx chief executive, said the pure electric aviation industry needs patient investors as it will take time for larger commercial applications.

Electric aircraft development is slowly taking off

Aug 22, 2019

The fledgling manned electric aircraft industry is in need of patient investors and asset financing as companies start on the road to developing new technology, according to IDTechEx. The emerging technology research company said those companies that have started off with simple applications are seeing some success with Bye Aerospace attracting $165 million in business in one year. Another company, Ampaire has advanced electric aircraft technology available but it has started with a relatively straightforward replacement of one engine in a small Cessna propellor plane to create hybrid electric versions. Raghu Das, IDTechEx chief executive, said the pure electric aviation industry needs patient investors as it will take time for larger commercial applications.

High Street banks at the bottom of the pack for convenience for young people

A survey of Generation Z people in the UK has revealed that tech-based brands are three times more popular than traditional banks when it comes down to who they think will be looking after their finances in the future. Generation Z are the people born between the late 1990s and early 2000s and while it may sound obvious that younger people will be more tech-focussed, it highlights how much work the High Street banks need to do to play catch up. The survey was of a nationally representative sample of 2,051 under 25-year olds in the UK commissioned by IT company ThoughtWorks in June. At a time when the majority of Britons prefer to shop online, ThoughtWorks asked its panel of under 25 year-olds which type of companies they thought would offer them the most advanced, real-time services that would make money management a simple and easy everyday task.

High Street banks at the bottom of the pack for convenience for young people

Aug 21, 2019

A survey of Generation Z people in the UK has revealed that tech-based brands are three times more popular than traditional banks when it comes down to who they think will be looking after their finances in the future. Generation Z are the people born between the late 1990s and early 2000s and while it may sound obvious that younger people will be more tech-focussed, it highlights how much work the High Street banks need to do to play catch up. The survey was of a nationally representative sample of 2,051 under 25-year olds in the UK commissioned by IT company ThoughtWorks in June. At a time when the majority of Britons prefer to shop online, ThoughtWorks asked its panel of under 25 year-olds which type of companies they thought would offer them the most advanced, real-time services that would make money management a simple and easy everyday task.