In 2024, approximately $9.7 trillion of global trade—more than 80% of all international trade transactions—depended on trade finance, underscoring its essential role in the global commercial ecosystem. Through trade finance mechanisms, a small textile manufacturer in Bangladesh can confidently con
The year 2024 shattered previous climate records, serving as a somber reminder of the accelerating pace of climate change. The World Meteorological Organization (WMO) released a comprehensive report, "State of the Global Climate," highlighting the rapid escalation of global temperatures,
Priya Jaiswal is a recognized authority in Banking, Business, and Finance, with extensive expertise in market analysis, portfolio management, and international business trends. Today, she will be offering insights into the OECD's recent revisions of global economic growth forecasts,
Efficiently managing spend and expenses is pivotal for small and midsize businesses (SMBs) aiming to stay competitive and maintain financial health. Spend and expense management involves handling budgets, managing business credit, allocating resources, and tracking expenditures beyond payroll. This
Francois Villeroy de Galhau, a notable member of the European Central Bank (ECB) Governing Council and Governor of the Banque de France, has recently voiced his concerns about the United States' endorsement of cryptocurrencies and non-bank finance systems. According to Villeroy, the
In today’s hyper-competitive business environment, finding ways to reduce expenses is a top priority for most companies. However, when it comes to software, taking shortcuts by using pirated versions can have dire consequences. While pirated software may appear to save money upfront, it carries h
The Banking-as-a-Service (BaaS) industry is experiencing a notable uptick in regulatory scrutiny. This shift in oversight brings significant implications for all stakeholders, including established banks, fintech players, and the consumers they serve. With these changes, understanding the driving
Startups and small businesses are increasingly vulnerable to cyber threats in today’s digital landscape. A cybersecurity incident response plan (IRP) is a structured approach designed to manage and mitigate the consequences of security incidents, ensuring business continuity and minimizing damage. E
The anticipated growth of the Electric Vehicle (EV) Battery Market from 2024 to 2035 illustrates a compelling future powered by significant advancements in solid-state battery technology and enhanced global policies. This burgeoning sector is projected to reach an eye-popping USD 251.33 billion by
In an era where cybercrime is becoming increasingly sophisticated, financial institutions are continuously seeking new ways to protect their customers' assets. CommBank has announced the introduction of an extra layer of security to its online banking services. This enhancement aims to
