News - page 148

Intuit Adds AI-Powered Financial Assistant to QuickBooks
Fintech & Ecommerce

Intuit Adds AI-Powered Financial Assistant to QuickBooks

Intuit has added a virtual financial assistant powered by artificial intelligence to QuickBooks.

Lightning AI Raises $50 Million
Science & Technology

Lightning AI Raises $50 Million

The artificial intelligence development platform Lightning AI was able to raise equity investments worth $50 million.

US Bank and One Inc to Accelerate Instant Insurance Payments
Fintech & Ecommerce

US Bank and One Inc to Accelerate Instant Insurance Payments

Insurance industry payments network One Inc has launched a partnership with US Bank.

Mastercard and Fundbot to Speed B2B Payment Flows
Fintech & Ecommerce

Mastercard and Fundbot to Speed B2B Payment Flows

Mastercard will implement partnerships with Fundbot, a fintech company based in the United Arab Emirates that finances supply chains.

US Business Activity Gauge Demonstrates Growth
Finance & Economics

US Business Activity Gauge Demonstrates Growth

In the United States, in November, the measure of business activity reached a mark corresponding to a 31-month high.

Amazon to Invest Another $4 Billion in Anthropic
Science & Technology

Amazon to Invest Another $4 Billion in Anthropic

Amazon on Friday, November 22, announced that it will invest an additional $4 billion in Anthropic, a startup operating in the space of the artificial intelligence industry.

China Announces Policy Measures to Boost Trade
Finance & Economics

China Announces Policy Measures to Boost Trade

The ministry of commerce of China on Thursday, November 21, announced policy measures aimed at stimulating the foreign trade activities of this Asian country.

ECB Representatives Say About Prospects of Cutting Interest Rates
Finance & Economics

ECB Representatives Say About Prospects of Cutting Interest Rates

European Central Bank (ECB) Governing Council member Yannis Stournaras on Thursday, November 21, during a conversation with media representatives, said that this financial regulator should decide on cutting interest rates at each regular meeting on monetary policy issues until the cost of borrowing is fixed at such a mark, which will neither restrict nor stimulate […]

Argentex Expands to UAE
Fintech & Ecommerce

Argentex Expands to UAE

Argentex innovative currency risk management and payment solutions are now available in the UAE

Canadian Holiday Sales to Increase 2.2% This Season
Fintech & Ecommerce

Canadian Holiday Sales to Increase 2.2% This Season

Mastercard SpendingPulse reveals encouraging signs for Canadian holiday retail sales, with several factors enhancing consumers’ purchasing power.

Robinhood to Acquire TradePMR Portfolio Management Platform
Fintech & Ecommerce

Robinhood to Acquire TradePMR Portfolio Management Platform

Robinhood acquisition of TradePMR will help it offer better investment advisory services by integrating a well-established platform that serves around 350 firms and manages over $40 billion in assets.

Over Half of U.S. Consumers to Tap Credit for Holiday Shopping
Fintech & Ecommerce

Over Half of U.S. Consumers to Tap Credit for Holiday Shopping

The impact of rising costs and limited budgets is evident in consumer sentiment in the U.S. this holiday season, as about 68% are worried about affording gifts and more than half will be forced to use credit solutions for holiday shopping.

Nvidia Reports Earnings
Science & Technology

Nvidia Reports Earnings

Nvidia on Wednesday, November 20, released information about its earnings for the quarter ended October 27.

Fed’s Michelle Bowman Calls for Cautious Approach on Interest Rates
Finance & Economics

Fed’s Michelle Bowman Calls for Cautious Approach on Interest Rates

Federal Reserve Governor Michelle Bowman, one of the most hawkish policymakers of the central bank of the United States, on Wednesday, November 20, called for a more cautious approach in the context of actions on cutting interest rates, noting that the dynamic of inflation still contains reasons for concern, and the labor market is strong.

Goldman Sachs CEO Sees Robust Capital Markets Next Year
Finance & Economics

Goldman Sachs CEO Sees Robust Capital Markets Next Year

Goldman Sachs chief executive officer David Solomon expects capital markets to be more robust next year.

KPMG Launches AI Partnership With Google Cloud
Science & Technology

KPMG Launches AI Partnership With Google Cloud

KPMG will spend $100 million on its enterprise services in the artificial intelligence area over the next four years.