Aon: Remaining Cautious Amid USI Acquisition

The report also flagged weaker debt-servicing capacity among riskier private firms on floating-rate debt, and noted that some non-traded business development companies capped redemptions after requests jumped.  Private credit borrowers typically carry lower credit quality and higher leverage than borrowers in comparable public markets, the Financial Stability Board said in its May report, pointing to rising payment-in-kind use and default…

Treasury Secretary Scott Bessent’s plan to calm markets is being short-circuited.

Businesses can move money faster than ever. Their customers, however, may still need to navigate a maze of messages, portals, passwords and payments pages before that money starts moving. The disconnect is creating a largely invisible revenue leak for consumer lenders, utilities and other companies that depend on recurring customer payments. “Payments is not the…

An EEG experiment suggests people may subconsciously react to future events before they happen. Here’s what researchers found.

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. As corporate spending on artificial intelligence mushrooms, fewer dollars are being allocated to learning and development, new research finds. In a survey of 600 human resources leaders by Careerminds, 82% said AI can replace at least some…

On completion of a decade of the Unified Payments Interface, Prime Minister Narendra Modi on Tuesday hailed it as a major turning point in India’s digital payment journey and said its sheer scale is something every Indian must be proud of. The UPI was launched on August 25, 2016 by the National Payments…