Banks in the United States have gained significantly from a rising rate environment, growth in loans and President Trump’s tax cuts. However, use of fintech, particularly in transaction and payments, has been pivotal in reducing costs for the banks in America and improving banks’ return on equity. Furthermore, digitization has also driven inorganic growth as well as bottom-line results for the broader banking industry. Moreover, U.S. banks stand to benefit the most from the race toward...

More On Jun 19, President Donald Trump and his team made the final move toward affordable health plans for small businesses across the United States. The development originates from the executive order that Trump had signed in October 2017. The motive of such an order was to provide alternatives to the Affordable Care Act (ACA), also known as Obamacare. The move is touted to assist small businesses that are vulnerable to the rise in healthcare costs. Further, approximately 11 million citizens...