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Small Business Owners in Pennsylvania Now Have Access to Owners Bank's Offerings

Owners Bank, a digital bank created by Liberty Bank of Middletown, Connecticut, announced that their offerings are now available to small business owners in Pennsylvania. The bank's products and services are designed to meet the unique needs of small business owners, who often lack the resources necessary to succeed. Through this expansion, small business owners in Pennsylvania can now access the bank's digital tools and offerings, such as loans, checking and savings accounts, credit cards, and a suite of apps to make managing a business easier. According to a survey, 84% of small business owners are frustrated with the performance and support of their current bank.

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Small Tech Companies Thriving in the Hybrid Work Era

The rapid advancement of technology has had a major impact on how businesses operate, and the Human Resources (HR) department is no exception. Small tech companies are particularly well-suited to the hybrid work era, which requires the seamless combination of remote and in-office work. To succeed in this new environment, these companies must be aware of the latest HR tech trends that can help them attract, retain, and manage top talent. Remote work tools are essential for collaboration, and HR teams must also be familiar with employee engagement software, performance management tools, and other innovative solutions.

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Cloud-Enabled Tech Could Unlock Productivity Gains for Small Biz

According to a report released by Amazon Web Services (AWS), small businesses in India that embrace cloud-enabled technologies could unlock up to Rs 1.6 trillion in annual productivity gains by 2030. The report also states that this could lead to 45.9 million jobs being created across healthcare, education and agriculture sectors, representing 9 percent of total jobs in India. In May 2023, AWS announced a plan to invest USD 12.7 billion (over Rs 1 lakh crore) to expand India's cloud infrastructure by 2030 to meet growing customer demand in the country.

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