Small enterprises, pivotal to many economies for their nimbleness and creativity, face challenging financial times. The Federation of Small Businesses reveals a worrying trend in its latest index, with only 14.5% of small firms confident about credit access and cost, and over half perceiving it
In the realm of asset management, operational prowess and market performance are the linchpins of success. Blue Owl Capital Inc (OWL), an asset management firm, has demonstrated exceptional adeptness in both areas this year. Outpacing the industry average score with a commendable overall
Annaly Capital Management has declared a $0.65 per share dividend for Q1 2024, reflecting its commitment to delivering income to shareholders from its mortgage finance investments. As a REIT, Annaly must distribute most of its earnings as dividends, often resulting in higher yields. This
Generative AI is revolutionizing the FinTech sector with its rapid advancement, offering novel levels of efficiency, customization, and security. As a result, finance is being reshaped from the inside out. This high-powered technology leverages extensive data to deliver deep insights and precision.
The financial industry is a complex web of high stakes, performance metrics, and intense pressures. At the center of this web, compensation and workplace culture serve as key indicators of an institution's priorities and the state of the industry at large. By examining Bank of America's
The US Treasury Department has taken a significant step to weaken al-Shabab's financial operations by imposing sanctions on 16 affiliates linked to the terrorist group's fundraising and money laundering endeavors. This strategic effort aims to disrupt al-Shabab's financial networks,
In response to a spike in authorized push payment (APP) scams, where fraudsters trick people into sending them money, the UK is reforming its financial security measures. Payment providers will now have a three-day period to scrutinize transactions for potential fraud, a change from the previous
The launch of Tazama, a groundbreaking open-source software for mitigating fraud, represents a crucial advancement in promoting secure financial access for the underserved. Fostered by the generous backing of the Bill & Melinda Gates Foundation, Tazama is not merely a tool for identifying and
US Economic Indicators Positive Retail Sales Data In an unexpected development that may shift monetary policy outlooks, the US economy appears more robust than previously thought, as reflected by a stronger dollar following recent data releases. Notably, retail sales for February significantly
The wealth management sector is currently undergoing a significant and irreversible shift, predominantly propelled by rapid advancements in technology. In the face of these changes, financial advisors find themselves at a crossroads, presented with a mix of fresh opportunities and daunting
