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FinTech Payment Firm Nuvei Files IPO In Canada

PYMNTS

The Montreal-based payment technology company was valued at $2 billion at the close of 2019. and RBC Capital Markets. Last month, Bloomberg News reported if Nuvei’s application to go public gets the green light from regulators, it could be the largest Canadian technology IPO of 2020. Nuvei Corp.

Payments 229
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.

Industry 101
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Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

Digital wallets for holding plane tickets, credit cards or club memberships have been in use for several years now, but digital IDs still have a long way to go before they can entirely replace their physical counterparts. Singapore’s Government Technology Agency stated the feature will be live by the end of Q3. Teething Issues.

Mobile 108
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Got $25 Million? Six Payments Execs Share Their Post-Pandemic Startup Ideas

PYMNTS

But capital brings those concepts to life. And venture capital funding is up in the third quarter versus a year ago, although first round and seed funding activity has lagged, and investors seem to be interested in keeping their powder dry for relatively well-established companies. That’s the highest level since 2004.

Payments 168
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Fintech Hall of Fame: The Top Digital Innovations in Financial Services

Fintech Labs Insights

Innovations from 1995 to 2014 (with launch dates) Note: Ranking as of Jan 2014 Wells Fargo is first in the world to offer Web-statement access (launched May 1995) Security First Network Bank launches first full-service Internet bank brand (Oct 1995, disbanded 2002) PayPal launches first online optimized payment system (Nov 1999, bought by eBay in 2003) (..)

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Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

Stripe rolled out chargeback protection, Apple rolled out its take on sign-in authentication , Mastercard launched an open banking platform and Visa and Western Union paired on a global push to card payments – and those are just the top headlines. The shuttering comes as JPMorgan has spent heavily on technology, with $11.5

Apple 122
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Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

Companies across industries from food delivery to mobile payments disintegrate for all kinds of reasons, from technology errors and logistical challenges to overspending and outright fraud. Powa Technologies. Theranos was founded in 2003 by Elizabeth Holmes, then an undergraduate student at Stanford University’s School of Engineering.

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