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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.

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Facebook Adds New Lobbyists In Libra Push

PYMNTS

The social media giant has been facing a lot of scrutiny over Libra, from lawmakers and regulators all around the globe. Mike Crapo of Idaho, who was head of the Senate Banking Committee until 2003. In Europe , EU regulators are investigating whether Facebook ’s planned cryptocurrency will harm competition.

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Mastercard Selects New President For European Operations

PYMNTS

Barnett will join Mastercard’s Management Committee on June 1 and will report to Gilberto Caldart, president of international for Mastercard. He joined Mastercard in 2003 and headed the company’s European and global consulting divisions. . Mark brings with him a wealth of knowledge and experience.

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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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How to Properly Plan Your IT Strategy

Independent Banker

Planning an IT strategy for any organization is challenging, but financial institutions face additional complexities due to regulatory and security requirements. However, when security vulnerabilities and lack of support are factored in, just one incident or breach can far exceed any perceived benefit. Security Considerations.

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Guest Post: 2nd Qtr Economic Review by Dorothy Jaworski

Jeff For Banks

Mutual funds and ETFs specializing in mortgage backed securities saw their worst quarter in terms of losses and outflows since 1992. 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. Thanks for reading.

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Springboard to Excellence

Independent Banker

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. By Ed Avis.