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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. 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. and RBC Capital Markets.

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

PYMNTS

Nuvei Technologies Corp. , the Montreal-based payment technology company, is planning to file an initial public offering (IPO) in the U.S. If Nuvei’s IPO gets the green light from regulators, it could be the largest Canadian technology IPO of 2020. technology IPOs. and Canada next month, sources told Bloomberg News.

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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not. As Webster recounted Monday (Jan.

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Why Technology Is Actually Helping Cash Thrive

PYMNTS

Americans have more payment options than ever before, from the digital payment info stored in mobile wallets to credit and debit cards in their physical wallets. relies more on cash than on any other form of payment, according to the analysis, with cash usage remaining relatively steady since 2003, ranging between 14.3 percent and 15.5

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The Few, the Proud, the Protected — Provisions in SCRA That Financial Institutions Must Be Aware Of

Perficient

The Act was revisited frequently in the 20 th Century and became the Servicemembers Civil Relief Act in December 2003. The reduced interest rate applies to credit card debts, car loans, business obligations, student loans and other debts, as well as fees, service charges, and renewal fees.

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Merchants See a Dangerous Precedent in 'Honor All Wallets'

Payments Source

Merchants sued Visa and MasterCard in 1996 when the card networks forced them to "honor all cards," and though the suit settled in 2003, the wounds are reopening with the spread of mobile wallets.

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Deep Dive: The Latest Initiatives To Expand Mobile IDs

PYMNTS

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. Singapore’s Government Technology Agency stated the feature will be live by the end of Q3. Teething Issues.

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