Our CEO, Vernon Tirey, recently penned an article for MonitorDaily discussing his 2018 predictions for the equipment financing industry. He provides a compelling outlook for the year, emerging technologies, and where he sees areas for growth and new opportunities.
An excerpt from Vernon’s article is as follows:
Equipment finance has given considerable lip service to emerging technologies like artificial intelligence (AI), machine learning, blockchain and cryptocurrencies in recent years. With a variety of new technologies entering the marketplace, discussions surrounding their role in the fintech sector will continue and isolated instances of implementation will likely increase.
2018 will be a year of learning about these emerging technologies and working together as an industry to create standards for how they should be used. Specifically, consider the implementation of blockchain and machine learning, which are dominating conversations in the tech space. Discussions about these technologies spark up among peers, but no one has delivered a solution in equipment financing quite yet.
To read Vernon’s article in full please visit: http://bit.ly/2CpAX2b