Banking & Insurance

Government Shutdown Stalls Small Business Lending

Small business owners are grappling with a slowdown in funding as federal agencies remain closed, leaving day-to-day operations uncertain.

Indonesia Curbs Parliamentary Dismissal Powers, Expands Oversight of Central Bank

The revised bill removes explicit powers to dismiss Bank Indonesia’s governors but enhances parliamentary review and mandates the central bank to support economic growth, prompting market caution.

How Small Banks Help American SMEs Grow

In the BFSI segment, small and community banks are leading by example to support SMEs, while several Fintechs have also realized the potential of small businesses.

Global Embedded Finance Platform Liberis and Merchant Services Provider Elavon Jointly Launch ‘Quick Capital’ for US Small Businesses

This partnership will provide access to capital to more than 275,000 US merchants, offering fast, flexible revenue-based financing from Liberis for eligible small businesses.

Top Investment Banks See Lower Risk of US Economy Getting into Recession Mode

J.P. Morgan Research has reduced the probability of a US and global recession occurring in 2025 from 60 percent to 40 percent.

5 Banks That Provide Cash Flow Management for Summer Camps

These five banks offer cash flow and treasury solutions that help summer camps stay financially steady beyond their busiest months.

IMF Begins Review of $15.5 Billion Aid Program to Ukraine as Country Faces Economic and Budget Challenges

Talks address the severe economic strain Ukraine faces due to the ongoing war, highlighting its immediate budgetary shortfalls, the pressing need to overhaul its financial system, and broader reforms essential for economic recovery and sustained stability.

Erste Buys 49% Stake in Santander’s Polish Unit in $7.7B Deal

The all-cash acquisition includes a joint venture in asset management and deeper ties in corporate banking.

InsureTech Revolution: Redefining Insurance in the Digital Age

InsureTech represents a dynamic convergence of insurance and technology, driving industry transformation and fostering a more efficient, customer-centric insurance landscape.