Explained - page 25

Fintech & Ecommerce

Spreedly Launches Partnership With NuORDER

The open payments platform Spreedly announced the beginning of an expansioned partnership with B2B commerce company NuORDER by Lightspeed.

News

TD Bank Reportedly Improves Anti-Money Laundering Processes

The media reports that Toronto-Dominion Bank (TD Bank) has decided to dismiss more than a dozen employees and has begun activities to modernize its functional processes to improve the system of countering transactions aimed at money laundering.

News

Lenovo Reports Quarterly Earnings

For the third quarter in a row, Lenovo has published information on financial performance that exceeds preliminary expectations.

News

UK Inflation Slows

In the United Kingdom, the inflation rate in April was the lowest in almost three years.

Finance & Economics

Wall Street Provides Financing Deals Backed by AI Chips

Wall Street investment companies are striving to take advantage of the artificial intelligence industry, which is currently demonstrating a high intensity of development and scaling.

Fintech & Ecommerce

DoorDash Scales Ulta Partnership to All 50 States

DoorDash announced the expansion of its partnership with Ulta Beauty, which is already three years old.

Finance & Economics

China’s Capital Outflow Demonstrates Growth

In April, China recorded an increase in the tendency of capital outflows.

News

China Consumers Face Growing Utility Costs

In China, the local consumer community has recently been facing very unfavorable circumstances in the economic environment of this Asian country in the form of a prolonged and deep downturn in the real estate market and a weak labor market, but this negative period still shows no signs of an early end and at the […]

Fintech & Ecommerce

Tassat and Glasstower Collaborate on B2B Payments for Multinational Corporations

Tassat Group and Glasstower Digital announced the beginning of cooperation to facilitate the procedure for making cross-border digital B2B payments.

News

Avidbank Taps CorServ to Roll Out New Commercial Credit Card Program

Avidbank, based in California, has asked CorServ, which is located in Georgia, for assistance in launching a new credit card program for commercial customers of a financial institution.

News

Baidu Revenue Grows

Baidu Inc.’s revenue for the first quarter of 2024 showed the slowest growth rate in more than a year.

News

Dow Crosses 40,000

On the morning of Thursday, May 16, the Dow Jones index crossed the 40,000-point mark for the first time in its history.

News

Japan’s Economy Contracts

During the first quarter of the current year, Japan’s economy contracted.

Finance & Economics

US Inflation Slows

In April, a decrease in the inflation rate was recorded in the United States, which was not just economic news, but a kind of source of the positive for local citizens, who have recently faced increasing price pressure and lack of significant prospects for improving the economic situation.

Science & Technology

Chinese Companies Make Headway in Manufacturing High Bandwidth Memory

The media, citing sources and documents, reported that two Chinese chip manufacturers are currently in the early stages of making high bandwidth memory (HBM) microcircuits used in artificial intelligence chipsets.

Science & Technology

Apple Reportedly Plans to Sell Vision Pro Outside US

Media reports that Apple has begun preparations to launch sales of the Vision Pro mixed-reality headset outside the United States.