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FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. Alacriti, a FinTech that was started in 2003, works with banks and other customers on making the migration to digital payments. Europe and South Africa.

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FinTech Payment Firm Nuvei Files IPO In Canada

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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.

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ID Experts Light Up Portland

PYMNTS

Early in August, The Oregonian reported that a private equity firm had paid more than $50 million to acquire Tigard-based ID Experts, a cybersecurity firm founded in 2003. The new owners of ID Experts are Peloton Equity and Trident Capital. The capital Radar raised will be spent on technology, sales and marketing.

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

CB Insights

in 2005, the thinking was that enhanced communications technology would help buyers and sellers better connect. The companies served different user bases: Nextel was more of a business brand, with customers often drawn to its signature walkie-talkie technology. Date: March 20, 2003. Toshiba was forced to write off $6.3B

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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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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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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

Brown, instead of managers getting stock options or guaranteed bonuses, every manager got paid $7,800 a year (the equivalent of about $14,500 today), plus “a designated percentage of the profits of the company after these are reduced by a charge for capital employed.”. The result of this type of plan was to make each manager at H.

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