article thumbnail

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
article thumbnail

Tech Firm Nuvei’s Potential IPO Could Be Biggest Of 2020

PYMNTS

Founded in 2003, Nuvei’s platform connects to all major payment card schemes worldwide, and supports more than 450 local and alternative payment methods and 150 currencies. Securities and Exchange Commission (SEC) this week include Snowflake Inc. If Nuvei goes public, a source told Bloomberg the IPO would boost that valuation.

Indiana 151
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Identity Fraud Numbers Rose 16 Percent In 2016

PYMNTS

The number of identity fraud victims rose 16 percent in 2016, marking the highest level since Javelin Strategy & Research began tracking the trend in 2003. To successfully fight fraudsters, the industry needs to close security gaps and continue to improve, and consumers must be proactive, too.”.

Fraud 100
article thumbnail

Chase Pay Brews Up Starbucks Deal

PYMNTS

The latest iteration comes more than 10 years after the JPMorgan and Starbucks collaborated on a cobranded card, known as Duetto, a rewards card, which launched in 2003 and which folded in 2010. Transactions utilize tokenization, for security, JPMorgan said in its October announcement.

article thumbnail

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.

article thumbnail

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) (..)

article thumbnail

Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

Mobile devices enable fast and secure access to services, many of which are solely available online. 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.

Mobile 108