In November, Tamarack expanded its AI team with the addition of Khrystyna Voloshyn as a data scientist.

For this Trail Mix installment, we are diving into the new Feature Flags in Solifi’s Lease and Loan Portfolio Management Software (formerly InfoLease).

Equipment Finance companies and banks are two industries irreversibly tied together by funding. The partnership is often collaborative, sometimes competitive and sometimes strategic via mergers and acquisitions.

The key to managing risk is avoiding undesirable outcomes; so if a business can identify ways to lose with AI, the odds of gaining competitive advantage using it go up.

Happy Holidays and Season’s Greetings. We find ourselves in that time of year again – snow shoveling, gift wrapping, overeating, gathering with family, and looking both ways before we cross the busy road of technology trends.

Many technology and operational leaders will read the 2023 US Bank CFO report and say – “Cost control is a nail again and technology is the hammer. Nothing new here.” But this would be a short-sighted read and miss the opportunity to partner with the CFOs to leverage the most impactful technology trend in the past 20 years for equipment finance, AI.

AI was the topic at this year’s ELFA annual convention. Here are five takeaways Scott Nelson, president and CDO of Tamarack Technology, gleaned from the presentations and discussions at the convention.

Since being issued in March 2023, Section 1071 of the Dodd-Frank Act has prompted a lot of discussion about its implications for institutions serving the equipment finance industry. In this Trail Mix installment, we’ll provide a quick overview of what you need to know about Section 1071.

Mitch Peterson is a relatively new face at Tamarack. As executive vice president of operations – a new position at the company – Mitch leads the professional services team and oversees all IT and human resources activities. An amateur baseball player and youth sports coach, Mitch is as busy outside of the office as he is inside.