PeopleNew study finds UK asset finance races to adopt AI, but struggles to turn pilots into proven ROI
PeopleNew study finds UK asset finance races to adopt AI, but struggles to turn pilots into proven ROI
Technology Sponsored by Technology Toyota Leasing Thailand upgrades to latest NETSOL Wholesale Finance System Published: 8th April 2026 Share NETSOL Technologies has announced that Toyota Leasing Thailand has upgraded to the latest version of its Wholesale Finance System (WFS), part of the Transcend Finance platform. The move marks an expansion of a long-standing relationship between the two companies, which spans more than two decades, and reflects continued investment in digital infrastructure to support wholesale automotive financing operations. Toyota Leasing Thailand had previously been operating an earlier version of WFS, used to manage dealer and inventory financing. The upgrade transitions the business to the latest iteration of the system, built on Transcend Finance’s AI-enabled and API-first architecture. According to NETSOL, the updated platform introduces a more modular and scalable framework, designed to integrate with a range of third-party systems including OEMs, dealers, brokers, credit bureaus and enterprise resource planning platforms. The aim is to create a unified data environment across operations. NETSOL Founder and Chief Executive Najeeb Ghauri said the upgrade demonstrates the evolution of the partnership and the company’s ability to support automotive finance operations across international markets. “Toyota Leasing Thailand has been a customer for more than twenty years and this upgrade reflects the strength of that relationship and how it continues to evolve into a strategic partnership for both organisations.” “Their continued trust in our technology, demonstrated through this upgrade, highlights the strength of our platform strategy and our ability to evolve alongside our customers’ growing and changing needs. This is a powerful example of how we continue to generate long-term value from our install base while supporting operations in international markets.” The announcement comes as NETSOL continues to work with the same automotive group on additional projects, including initiatives focused on parts, oil and maintenance operations, extending the use of its technology across the wider automotive finance ecosystem. Lisa Laverick Editor - Finance Connect Sign up to our newsletter Featured Stories Corporate Member TechnologyLombard partners with ConnectedFi to enhance digital broker service TechnologyJATO and autobiz partner on European vehicle data and valuation TechnologyAsset Advantage selects LTi’s ASPIRE platform