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FinTech Payment Firm Nuvei Files IPO In Canada

PYMNTS

The lead underwriter for the offering is Goldman Sachs Canada in cooperation with book managers Credit Suisse Securities Canada Inc, BMO Nesbitt Burns Inc. and RBC Capital Markets. Founded in 2003, Nuvei said its platform connects the major payment card platforms worldwide, and supports more than 450 payment methods and 150 currencies.

Payments 229
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FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

Finastra unveiled Fusion Payments To Go , which the firm says decreases the expense and risk of keeping legacy infrastructure in adherence with regulations and evolving market initiatives. Alacriti, a FinTech that was started in 2003, works with banks and other customers on making the migration to digital payments.

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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

MercadoLibre is an eCommerce platform similar to Amazon , with its own payments infrastructure that has grown into credit, mobile payments and asset management capabilities. It launched as the eCommerce industry took off in 2003, and has seen a surge in usage with the pandemic. It now operates in 18 countries in Latin America.

America 248
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Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

This kind of small business is a dying breed: recent stats from the RUPRI Center for Rural Health Policy Analysis at the University of Iowa found more than 16 percent of independent pharmacies shuttered their doors between March 2003 and March 2018, according to Washington Post reports. But these business owners need capital to expand.

Capital 130
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Guest Post: 2nd Qtr Economic Review by Dorothy Jaworski

Jeff For Banks

In the past decade, we have seen several Treasury routs that resulted in huge selling in the markets, most notably in 2003-2004, 2005-2006, and 2009. Ever increasing regulations, health care law enactments, and now the newly approved Basel III increased capital requirements for banks make it more difficult to achieve sustainable GDP growth.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

in losses, declare bankruptcy at Westinghouse, and eventually to sell the Westinghouse unit to Brookfield Asset Management. Date: March 20, 2003. Eager to get in on the action and capitalize on the growing number of Latin American internet users, the Spanish telecom company Terra Networks purchased Lycos in a $12.5B

Google 76
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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

He mocks himself for making mistakes, and sings the praises of Berkshire’s army of CEO-managers. Management. Each manager, in other words, would receive a portion of the company’s profits less the amount that they spent, in terms of capital, to generate those profits — a reminder to all that capital was not without costs.

Omaha 78