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Palantir Raising Nearly $1B From Investors

PYMNTS

Palantir Technologies has a lot of irons in the fire as it reportedly gets ready for an initial public offering (IPO), including its current drive to raise nearly $1 billion from investors. In federal filing Wednesday (July 1), Palantir said it was offering securities totaling $961,099,010. The amount sold so far, the U.S.

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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. If approved by the Canadian Securities Administrators (CSA), the country’s equivalent of the U.S. Securities and Exchange Commission, the stock would be listed on the Toronto Stock Exchange under the “NVEI” ticker. Nuvei Corp.

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BigCommerce Increases IPO Pricing Window To $21-$23 Per Share

PYMNTS

Online shopping technology provider BigCommerce Holdings is increasing its potential pricing and appended insider selling as it plans to go public, according to reports. Tiger Global Management plans to buy as much as one-fifth of the shares in the IPO. “One Securities and Exchange Commission (SEC).

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Mastercard Selects New President For European Operations

PYMNTS

Barnett will join Mastercard’s Management Committee on June 1 and will report to Gilberto Caldart, president of international for Mastercard. He added that he is eager to build on the company’s ideology to “drive new technology and innovation” and to be the “partner of choice.” .

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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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Taking A Pass On Passwords

PYMNTS

This week, passwords managed to find a whole new way to “fizzle,” past being simply friction-filled, hard to remember and often repeated across logins by consumers not interested in trying to remember more than one. The greater degree to which one is able to hew to this norm, the safer one’s data will be. Well, about that….

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Fighting digital banking fraud – Part 1: Know the threat

NCR

The ongoing development of digital technology has created unprecedented choice and freedom for consumers in how they manage their financial affairs. As people complete more financial tasks and transactions via digital channels, there is more scope for fraudsters to exploit the weakest links in security. An escalating threat.

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