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CSI, Autobooks | February 03, 2021

Computer Services, Inc. (CSI), a provider of end-to-end fintech and regtech solutions, and Autobooks partnered and took initiatives to empower financial institutions and small business customers with the help of tools. The initiative takes pride in managing financial terms more efficiently for small businesses than before. Talking about their backgrounds, Computer Services, Inc. is an end-to-end fintech and regtech solutions provider, and Autobooks is into offering fully integrated payments meth...

Reuters | April 27, 2020

The U.S. government notified lenders on Sunday that it will cap how much each bank can lend under the emergency loan program designed to keep workers on payrolls amid the coronavirus pandemic, hours ahead of the reopening of the lending program. The Small Business Administration (SBA) will impose a maximum dollar amount for individual lenders at 10% of Paycheck Protection Program funding, or $60 billion per lender, and pace the applications filed, according to SBA guidance on Sunday to le...

Wall Street | April 13, 2020

Wall Street’s main indexes slipped on Monday as corporate America launches into what is expected to be a painful quarterly earnings season due to the coronavirus pandemic. JPMorgan Chase & Co (JPM.N) and Wells Fargo & Co (WFC.N) will kick off the reporting season on Tuesday, with analysts expecting an uptick in trading revenue to be offset by declines in other businesses and a bleak outlook for the rest of 2020. The S&P banking subsector. SPXBK shed 2.5%, while the broader fina...

Reuters | January 20, 2020

Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday. FDI could rise marginally in 2020 on the back of modest growth as trade tensions between China and the United States ease, but geopolitical uncertainties and protectionist pressures are tempering expectations, it said. In 2019, global FDI flows were estimated at $1.39 trillion, down...