Payday Super has been law for a month, and It's Simple Finance founder Joseph Daoud says unprepared small businesses are already losing borrowing options.
Category: Finance
Seoul’s Stock Rebound Cannot Hide a Deepening Foreign Selloff
Seoul stocks rose nearly 1 percent on an Iran ceasefire pause, but foreign investors sold on and a Chinese chip rival's $489 billion Shanghai debut raised new.
Green Firms Win Cheap Credit While Carmakers Face a Squeeze
ECB survey data show euro area credit tightening easing faster than banks predicted, even as carmakers and heavy manufacturers face the sharpest standards of.
IMF’s AI Warning to Central Banks Echoes 2007’s Quant Quake
The IMF's Tobias Adrian wants tighter AI oversight in banking after warning that synchronized algorithmic trades could revive 2007-style market herding.
Nigeria’s Falling Fraud Numbers Mask a Costlier Banking Threat
A new compliance report finds Nigeria's falling fraud numbers hide costlier AI-driven attacks, a N15.42bn bank fine and a wall of CBN deadlines through 2028.
The EV Tax Credit Is Gone, but Home Businesses Have a Bigger Break
The federal EV credit ended in 2025 and the new car loan interest deduction excludes business vehicles, leaving home-based owners to rely on depreciation and mileage records.
Amazon Business Tops $60 Billion While AMZN Stock Barely Moves
Amazon Business hit $60 billion in sales, squeezing rivals like Grainger and Fastenal, yet AMZN barely moved since Amazon never reports the unit's real revenue.
Mountain View Banker Graduates as Missouri’s Bank Count Keeps Shrinking
Stephanie Jester graduated Missouri's bank leadership program as the state's bank count shrinks and mergers accelerate industrywide, per Federal Reserve data.
India’s Gross Bank NPAs Fall to 1.73%, but Small Lenders Buck the Trend
India's gross bank NPAs fell to 1.73% by March 2026, but government data show small finance banks' bad loans up nearly 75% since 2021.
IQE’s Revenue Set to Jump 30% as MACOM’s Rescue Bet Pays Off
Cardiff chipmaker IQE now expects 30% revenue growth for 2026, months after MACOM's rescue investment pulled it back from a possible sale.