Business
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Asset-based direct funding source Dakota Financial has partnered with Tamarack Technology on the implementation of Tamarack’s AI Product Suite - TrailView™ Customer Service Portal and DataConsole. By deploying data-centric technologies, Dakota is enhancing team productivity, customer service and overall business performance.
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Reflecting the changing application of technology within the equipment finance industry, Tamarack has named Scott Nelson as the company’s chief technology officer (CTO).
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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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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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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.
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