News - page 21

Fintech & Ecommerce

Visa Says About Results of Its Anti-Fraud Unit Activity

Visa said that its anti-fraud disruption department saved potential victims of scammers $350 million last year.

Finance & Economics

US Budget Deficit Increases

The United States’ debt and budget deficit problem worsened during President Donald Trump’s first month in office.

Finance & Economics

EU Launches Countermeasures Against US Metals Tariffs

On Wednesday, March 12, the European Union launched countermeasures against the United States tariffs on metal imports, announcing its intention to enact its own levies on American goods worth up to 26 billion euros ($28.3 billion).

Finance & Economics

US Inflation Declines

In the United States in February, consumer prices showed growth, the pace of which turned out to be the slowest in the last four months, against which a kind of respite is forming in anticipation of the impact of tariffs, characterized by many experts as a factor in increasing the cost of goods and services.

Fintech & Ecommerce

Smarsh Launches AI Assistant for Professional Archives

Previously used only by major global banks, advanced AI technology for professional archives is now available to small and mid-sized businesses through Smarsh AI Assistant.

Finance & Economics

Female Entrepreneurs Strive in Middle Income Nations Focusing on Domestic Markets

The majority of the countries where male early-stage entrepreneurial activity rates exceed that of females by five percentage points or more belong to the high-income group.

Fintech & Ecommerce

Fintech Zolve Raises $251 Million

Neobank Zolve on Tuesday, March 11, announced that it raised $251 million in the latest round of debt and equity financing.

Science & Technology

Founder of Startup Butterfly Effect Says Chinese AI Agent Manus Transcends Chatbots

The Chinese startup Butterfly Effect, which has developed the general-purpose artificial intelligence agent dubbed Manus, appears to become a significant change factor in the market of large language models in the Asian country, as this virtual product focuses on apps beyond chatbots similar to ChatGPT from OpenAI.

Finance & Economics

Donald Trump Doubles Tariffs on Canadian Steel and Aluminum

President of the United States Donald Trump on Tuesday, March 11, announced that he would raise tariffs on steel and aluminum imported from Canada to 50% in response to the decision of the province of Ontario to increase taxes on electricity sent to the US.

Fintech & Ecommerce

Nubank Partners With OpenAI to Boost Customer Experience

Brazil’s digital challenger Nubank enhances customer service for its 114 million customers in Brazil, Mexico, and Colombia by expanding its partnership with ChatGPT creator – OpenAI.

Finance & Economics

Gender Pay Gap Still an Issue in U.S.

As Women’s History Month progresses in the U.S., the same cannot be said about the gender pay gap, which hasn’t been shrinking much in the last few years.

Science & Technology

China Announces High-Tech Fund

After the artificial intelligence reasoning model, a product of the Chinese company DeepSeek, became popular globally in the current year, the top economic officials of the Asian country promised to form a state-backed fund to support technological innovation.

Finance & Economics

Wall Street Ends Sharply Lower

On Monday, March 10, the stock indexes of the United States showed a significant drop.

Science & Technology

TSMC’s Sales Accelerates

Revenue of Taiwan Semiconductor Manufacturing Co. (TSMC) in the first two months of the current year showed growth of 39%, which is an acceleration compared to the upward dynamic of this indicator in 2024 and indicates a steady level of consumer demand for Nvidia chips used in the development of artificial intelligence.

Finance & Economics

JPMorgan Chase Hikes Euro Area’s 2025 Economic Growth Forecast

JPMorgan Chase has revised its forecast for the growth of the eurozone economy in the current year, expecting that the upward dynamic of this indicator will demonstrate a faster pace compared to previous projections.

Science & Technology

StubHub Reportedly Considers Seeking $1 Billion in IPO

The media published information according to which the ticketing software company StubHub intends to raise more than $1 billion in an initial public offering (IPO) of shares.