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FinTech Payment Firm Nuvei Files IPO In Canada

PYMNTS

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. The news service, citing a source, said the IPO is expected to push that valuation to more than $3 billion.

Payments 229
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Govt Eyes BEC, Govt Slammed By BEC

PYMNTS

Amid reports this week that changes to accounting standards are coming over the next few weeks, the Securities and Exchange Commission (SEC) has said that financial professionals, including accountants, must be mindful of cybersecurity risks. The total spending came to as much as 12 million euros between 2003 and 2012.

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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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Hacker Tracker: Shimmers, Identity Fraud, And Hacked Hotels

PYMNTS

Just when payment card data seemed somewhat protected by EMV technology, hackers have found yet another way to steal information and gain access to PINs. As Datablink CEO Alex Cagnoni pointed out, card cloning devices are not something new; however, with the use of a chip, the attack has become more complex but still quite effective.

Fraud 100
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Opentech Teams Up with MasterCard, Swiss Bankers to Launch Card Management App

Fintech Labs Insights

Swiss Bankers Prepaid Services has leveraged OpenPay , the wallet service platform from Opentech , to build a new version of its card management app, MyCard. Founded in 2003 and headquartered in Roma, Italy, Opentech demonstrated its Enhanced Hybrid Apps at FinovateEurope 2013.

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Opentech Teams Up with MasterCard, Swiss Bankers to Launch New Card Management App

Fintech Labs Insights

Swiss Bankers Prepaid Services has leveraged OpenPay , the wallet service platform from Opentech , to build a new version of its card management app, MyCard. Founded in 2003 and headquartered in Roma, Italy, Opentech demonstrated its Enhanced Hybrid Apps at FinovateEurope 2013.

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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.

Fraud 74