AI
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In November, Tamarack expanded its AI team with the addition of Khrystyna Voloshyn as a data scientist.
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For this Trail Mix installment, we are diving into the new Feature Flags in Solifi’s Lease and Loan Portfolio
Management Software (formerly InfoLease).
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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.
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The equipment finance industry is turning toward developing technology like AI to bolster operations and reduce costs, and investment in relevant technology should see an increase in 2024.
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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.
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AI and automation were at the forefront of the world in 2023, and the equipment finance industry joined in with discussing and experimenting with the technologies.
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