As the era of easy money and low-cost financing ends, middle market businesses are facing a reckoning. Rising real interest rates are pushing up the cost of commercial and industrial loans, making it harder for these firms to meet payrolls and finance their expansion, according to a new survey from RSM ... READ MORE >
finance
Financial services update: Q4 banking, AI-powered funds, regulatory proposals
In the latest installment of our monthly financial services update, we take a look at banking results from the fourth quarter of 2022, artificial intelligence-powered funds, and two regulatory proposals. Q4 banking results The bank failures of early March have changed the landscape for financial ... READ MORE >
Financial services update: NIM growth, fintech recap, nonbank financial institution oversight
In the first installment of our monthly financial services update, we take a look at how financial institutions can sustain net interest margin growth, how fintech finished out 2022 and a rule proposed by the Consumer Financial Protection Bureau to create a registry of nonbank financial ... READ MORE >
Top 5 fintech trends to watch—now, and in the future
The fintech movement is driving a rapid evolution within financial services, resulting in a new infrastructure and platform for the industry’s next generation. Investment in fintech companies has soared in the past three years, topping $118.2 billion globally in 2021, which surpassed the previous two ... READ MORE >
Already hot ‘buy now, pay later’ space gets a big boost from Amazon
Amazon, which has been slowly adding financial services products to its portfolio, has entered the hot “buy now, pay later” space. Last Friday, the e-commerce giant announced its partnership with Affirm, a buy-now-pay-later platform that allows customers to pay for purchases in installments. This ... READ MORE >