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FTC Looking For Comments On Customer Privacy, Security Amendments

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The Federal Trade Commission (FTC) has requested comment on the proposed amendments of two rules that protect the privacy and security of customer data held by financial institutions (FIs). The Safeguards Rule, which went into effect in 2003, requires FIs to develop, implement and maintain a comprehensive information security program.

Security 151
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Palantir Raising Nearly $1B From Investors

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Palantir Technologies has a lot of irons in the fire as it reportedly gets ready for an initial public offering (IPO), including its current drive to raise nearly $1 billion from investors. In federal filing Wednesday (July 1), Palantir said it was offering securities totaling $961,099,010. The amount sold so far, the U.S.

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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. 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. Nuvei Corp.

Payments 229
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Tech Firm Nuvei’s Potential IPO Could Be Biggest Of 2020

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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.

Indiana 151
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BigCommerce Increases IPO Pricing Window To $21-$23 Per Share

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Online shopping technology provider BigCommerce Holdings is increasing its potential pricing and appended insider selling as it plans to go public, according to reports. Securities and Exchange Commission (SEC). The firm now intends to bring in $198 million through nine million units of stock priced somewhere between $21 and $23.

Austin 164
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Microsoft Says Computer Bug Could Be Exploited By Malware

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The bug affects Windows 7, Windows Server 2008, Windows 2003 and Windows XP. This is certainly one to take seriously,” said Chris Coulter, vice president of technology with BlackBerry’s Cylance security group. Windows 10 and Windows 8 users won’t be affected by the flaw, Microsoft said.

Security 115
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Mastercard Selects New President For European Operations

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Barnett said in a statement on Monday (May 4) that Mastercard in Europe is a unique locale in that it is “the only true multi-rail payments technology company in Europe,” which puts it in a solid position to offer “simple and secure ways to pay and get paid.”. Mark brings with him a wealth of knowledge and experience.