First Asset Finance announces major expansion with £50 million targeted investment in residual value funding

The £7 billion operating lease market in the UK is about to receive a boost in 2017 as First Asset Finance PLC (FAF) plans a major expansion of its residual value (RV) funding business.

First Asset Finance announces major expansion with £50 million targeted investment in residual value funding

Jan 17, 2017

The £7 billion operating lease market in the UK is about to receive a boost in 2017 as First Asset Finance PLC (FAF) plans a major expansion of its residual value (RV) funding business.

Suzuki gets serious in fleet sector with leasing expert as new appointment

Suzuki has appointed Graeme Jenkins as head of fleet.

Suzuki gets serious in fleet sector with leasing expert as new appointment

Jan 11, 2017

Suzuki has appointed Graeme Jenkins as head of fleet.

BMW Group Financial Services launch pan-European technology program with Sword Apak

The globalisation of the automotive and financial services industries remains a key priority for many businesses to create consistent brand and operating standards.

BMW Group Financial Services launch pan-European technology program with Sword Apak

Jan 11, 2017

The globalisation of the automotive and financial services industries remains a key priority for many businesses to create consistent brand and operating standards.

Vince Baczor warns: "very few companies have begun to prepare properly for the pending IFRS16 lease accounting changes"

With 25 years in asset lease portfolio management, and having designed and developed three specialist software systems, Vince Baczor is widely considered a global thought leader on the subject. He is now four years into running LeaseSolution, his second start-up, marketing the LS2 lease management and accounting system.

Vince Baczor warns: "very few companies have begun to prepare properly for the pending IFRS16 lease accounting changes"

Jan 11, 2017

With 25 years in asset lease portfolio management, and having designed and developed three specialist software systems, Vince Baczor is widely considered a global thought leader on the subject. He is now four years into running LeaseSolution, his second start-up, marketing the LS2 lease management and accounting system.

No time to bet against America, as US Auto Finance plateaus

Warren Buffett wrote in this years annual letter to shareholders of Berkshire Hathaway: “For 240 years it’s been a terrible mistake to bet against America, and now is no time to start.” And as one of the most successful long-term investors in the US, Buffett’s words should be taken seriously. This was a typically robust reaction to a slump in business confidence, which ran through much of last year and has continued in 2016.

No time to bet against America, as US Auto Finance plateaus

Oct 28, 2016

Warren Buffett wrote in this years annual letter to shareholders of Berkshire Hathaway: “For 240 years it’s been a terrible mistake to bet against America, and now is no time to start.” And as one of the most successful long-term investors in the US, Buffett’s words should be taken seriously. This was a typically robust reaction to a slump in business confidence, which ran through much of last year and has continued in 2016.

UK banks losing half of new online account applications due to outdated ID checking processes

On average, only 53% of online banking account openings in the UK are carried through to completion, meaning that 47% of online account opening attempts are left abandoned.

UK banks losing half of new online account applications due to outdated ID checking processes

Jan 11, 2017

On average, only 53% of online banking account openings in the UK are carried through to completion, meaning that 47% of online account opening attempts are left abandoned.

Auto industry software providers need to re-think the value of long-term contracts in the quest to drive innovation

The days of long-term contracts for technology are numbered in many areas. This is the view of financial software provider Codeweavers as it looks to the practices of successful market disrupters, which are achieving sales and loyalty through a more enlightened approach based upon quality and service.

Auto industry software providers need to re-think the value of long-term contracts in the quest to drive innovation

Jan 10, 2017

The days of long-term contracts for technology are numbered in many areas. This is the view of financial software provider Codeweavers as it looks to the practices of successful market disrupters, which are achieving sales and loyalty through a more enlightened approach based upon quality and service.

Paul Bennett explains how smart technologies can enhance customer engagement, accelerate sales & increase retention

If you’re an automotive national sales company or finance executive charged with accelerating sales and retention for your firm, you’ll probably say you already have a perfectly good system in place to deliver this. Quite possibly the backbone of your approach is supported by ‘Portfolio 3 Sixty’ or ‘Retain IT,’ both of which are Autofutura SaaS products, or indeed, maybe something similar from another vendor.

Paul Bennett explains how smart technologies can enhance customer engagement, accelerate sales & increase retention

Jan 10, 2017

If you’re an automotive national sales company or finance executive charged with accelerating sales and retention for your firm, you’ll probably say you already have a perfectly good system in place to deliver this. Quite possibly the backbone of your approach is supported by ‘Portfolio 3 Sixty’ or ‘Retain IT,’ both of which are Autofutura SaaS products, or indeed, maybe something similar from another vendor.

Aldermore appoints head of enterprise risk

Aldermore, the specialist lender and savings bank, has announced the appointment of Petrina Oliver (pictured above) as the head of enterprise risk.

Aldermore appoints head of enterprise risk

Jan 10, 2017

Aldermore, the specialist lender and savings bank, has announced the appointment of Petrina Oliver (pictured above) as the head of enterprise risk.

Auto makers and technology suppliers teaming up to share self-drive car costs

Automotive suppliers and automakers are expanding alliances to develop self-driving car technology that can serve multiple automakers.

Auto makers and technology suppliers teaming up to share self-drive car costs

Jan 09, 2017

Automotive suppliers and automakers are expanding alliances to develop self-driving car technology that can serve multiple automakers.

Financial service providers cautioned about imminent Money Laundering Directive

As the six month countdown to implement the fourth EU Money Laundering Directive (MLD4) begins, companies need to ensure they are ready for the new requirements, or they risk hefty penalties.

Financial service providers cautioned about imminent Money Laundering Directive

Jan 09, 2017

As the six month countdown to implement the fourth EU Money Laundering Directive (MLD4) begins, companies need to ensure they are ready for the new requirements, or they risk hefty penalties.

Maxxia acquires Capex Asset Finance as growth continues apace

Maxxia UK has acquired independent, privately-owned asset finance brokerage, Capex Asset Finance Limited (Capex), based in the Midlands.

Maxxia acquires Capex Asset Finance as growth continues apace

Jan 09, 2017

Maxxia UK has acquired independent, privately-owned asset finance brokerage, Capex Asset Finance Limited (Capex), based in the Midlands.

Alan Henson forecasts a turbulent year for the UK fleet industry

Despite challenging conditions, 2016 was a good year for the fleet sector. However, the immediate outlook is set to be more turbulent.

Alan Henson forecasts a turbulent year for the UK fleet industry

Jan 08, 2017

Despite challenging conditions, 2016 was a good year for the fleet sector. However, the immediate outlook is set to be more turbulent.

Jaguar Land Rover buys stake in car technology firm CloudCar

Jaguar Land Rover has revealed it is buying a minority stake in connected car technology firm CloudCar.

Jaguar Land Rover buys stake in car technology firm CloudCar

Jan 08, 2017

Jaguar Land Rover has revealed it is buying a minority stake in connected car technology firm CloudCar.

Faraday claims Tesla-beating supercar - despite presentation glitch

Faraday Future has staked its claim to have produced the world’s fastest electric car with its FF91 production model.

Faraday claims Tesla-beating supercar - despite presentation glitch

Jan 04, 2017

Faraday Future has staked its claim to have produced the world’s fastest electric car with its FF91 production model.

John Mulheron: “The industry is staring down the barrel of a very important year”

For most of us, Tuesday signalled a return to normality. So, it’s back to work armed with an array of typical resolutions – lose weight, exercise more, lay off the booze and getting our finances back on track after the usual festive splurge.

John Mulheron: “The industry is staring down the barrel of a very important year”

Jan 04, 2017

For most of us, Tuesday signalled a return to normality. So, it’s back to work armed with an array of typical resolutions – lose weight, exercise more, lay off the booze and getting our finances back on track after the usual festive splurge.

Henk Uunk says now is the time for indexing low value leased assets

With the release in January 2016 of International Financial Reporting Standard (IFRS) 16 Leases, the International Accounting Standards Board (IASB) introduced a 'shortcut' method of accounting for assets with low value.

Henk Uunk says now is the time for indexing low value leased assets

Jan 04, 2017

With the release in January 2016 of International Financial Reporting Standard (IFRS) 16 Leases, the International Accounting Standards Board (IASB) introduced a 'shortcut' method of accounting for assets with low value.

Paul Errington urges lenders in Asia Pacific to “get real” about equipment leasing brokers - and heralds the need for a broker association

Connaught Finance has been established for eight years in Hong Kong - and with that fantastic vision of hindsight, we were well ahead of the market - perhaps in reality too soon!

Paul Errington urges lenders in Asia Pacific to “get real” about equipment leasing brokers - and heralds the need for a broker association

Dec 29, 2016

Connaught Finance has been established for eight years in Hong Kong - and with that fantastic vision of hindsight, we were well ahead of the market - perhaps in reality too soon!

Volkswagen Financial services acquires major mobile payments provider

Volkswagen Financial Services (VWFS) has acquired Vancouver-based PayByPhone, a leading parking payment provider.

Volkswagen Financial services acquires major mobile payments provider

Dec 29, 2016

Volkswagen Financial Services (VWFS) has acquired Vancouver-based PayByPhone, a leading parking payment provider.

Austin Collins forecasts a boom in early 2017 new car sales as UK buyers aim to beat April tax changes

A boom in car sales is on the cards for early 2017 if buyers are to beat new car tax rules that will raise the cost of owning some of Britain’s most popular cars from April.

Austin Collins forecasts a boom in early 2017 new car sales as UK buyers aim to beat April tax changes

Dec 29, 2016

A boom in car sales is on the cards for early 2017 if buyers are to beat new car tax rules that will raise the cost of owning some of Britain’s most popular cars from April.