Explained - page 7

Fiserv Acquires Pinch Payments
Fintech & Ecommerce

Fiserv Acquires Pinch Payments

Fiserv stated that it had acquired payment facilitator (PayFac) Pinch Payments and its management platform Glassbox.

Synchrony and Adobe Commerce to Offer Flexible Financing
Fintech & Ecommerce

Synchrony and Adobe Commerce to Offer Flexible Financing

Synchrony, a financial services company, has launched a new integration with Adobe Commerce.

Janover Raises $42 Million
News

Janover Raises $42 Million

Janover, a platform that connects the commercial real estate industry, announced last Monday, April 7, that it plans to accelerate its acquisition of digital assets after raising $42 million in an offer of convertible notes and warrants.

China Demonstrates Readiness for Trade War
Finance & Economics

China Demonstrates Readiness for Trade War

The decision by the head of the People’s Republic of China, Xi Jinping, to quickly take countermeasures against the United States in the area of trade after US President Donald Trump last week announced reciprocal tariffs on goods imported from the Asian country indicates Beijing’s readiness for a large-scale, intense and, in a sense, fundamental […]

US Unemployment Rate Increases
Finance & Economics

US Unemployment Rate Increases

Job growth in the United States in March turned out to be stronger than preliminary expectations regarding the pace of the dynamic of this process, which could potentially generate at least temporary confidence that the situation in the US labor market is stable.

Revolve to Add Affirm’s Pay-Over-Time Option
Fintech & Ecommerce

Revolve to Add Affirm’s Pay-Over-Time Option

Fashion retailer Revolve Group will soon provide its customers in the United States with the opportunity to use the Affirm to pay over time solution.

Plaid Raises $575 Million
News

Plaid Raises $575 Million

The digital finance platform Plaid reported that it raised $575 million in new funding.

Intel CEO Says Company to Spin Off Non-Core Units
News

Intel CEO Says Company to Spin Off Non-Core Units

Intel Corp. chief executive officer Lip-Bu Tan stated that this company will spin off assets that are not central to its mission, and create new products, including custom semiconductors to better align itself with consumers.

Vietnam Seeks to Blunt US Tariffs With Tax Cuts on Imports
News

Vietnam Seeks to Blunt US Tariffs With Tax Cuts on Imports

Vietnam has decided to slash import levies on a range of products, including liquefied natural gas and automobiles, as part of the implementation of measures related to the desire to minimize the negative effects of the tightening tariff policy of the United States.

Euro-Area Inflation Cools
Finance & Economics

Euro-Area Inflation Cools

In the eurozone, inflation continues to move along a downward trajectory, gradually approaching the European Central Bank’s target of 2%.

German Inflation Falls
News

German Inflation Falls

In Germany, inflation was recorded at the 2.3% mark in March, which is lower than previously expected.

China’s Factory Activity Accelerates
News

China’s Factory Activity Accelerates

In the current month, factory activity in China showed growth rates, which turned out to be the fastest in a year.

Shopify and Pipe17 Form Partnership
Fintech & Ecommerce

Shopify and Pipe17 Form Partnership

Shopify and Pipe17 have announced a partnership.

Elon Musk Says xAI Buys X
Science & Technology

Elon Musk Says xAI Buys X

Elon Musk’s company xAI, which operates in the artificial intelligence industry, has acquired the social media platform X owned by the same billionaire.

US Consumer Sentiment Worsens
Finance & Economics

US Consumer Sentiment Worsens

In the United States, a deterioration in consumer sentiment was recorded in March, which turned out to be more widespread than preliminary expectations, as the country is currently experiencing a process of increasing concerns about a potential accelerated increase in inflation.

UK Economy Starts to Emerge From Stagnation
Finance & Economics

UK Economy Starts to Emerge From Stagnation

The Prime Minister of the United Kingdom, Keir Starmer, came to power accompanied by pledges to take measures aimed at accelerating the growth of the country’s economic system, but as a result, the UK gross domestic product (GDP) demonstrated the opposite vector of its dynamic, however, the difficult state of affairs, which became reality instead […]