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Adyen Shares Start Trading At 67 Percent Above IPO Pricing

PYMNTS

Instead, its shareholders are selling their stock,” CNBC reported. Adyen offers payment processing for stores and online transactions — tasks traditionally controlled by major financial institutions, credit cards and some IT suppliers. Adyen stands outside that system.

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New Big Tech Attacks, Uber Subscriptions Dominate Week’s News

PYMNTS

Nevada Marijuana Dispensary Uses Food Trucks to Sidestep Cards Regs. No one would ever mistake a marijuana dispensary for a food truck, but that is what one shop in Reno, NV calls itself when charging customers’ credit cards. Trackers and Reports. PayPal’s Q2 Rattles Investors. Inside N26’s Fraud Protection Strategy.

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Where are they now? A look at FinovateSpring 2015 Best of Show Winner Successes

Fintech Labs Insights

May 2015 demo: Avoka showed Transact for Financial Services , which combines social, cloud services, and crowdsourcing into the world’s fastest credit card application. HQ: Las Vegas, NV. February 2016: Featured in Gartner report. What they’ve been up to: December 2015: Ciright One purchased Stratos Card.

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Can Legal Pot Thrive With Closed-Loop Payments?

PYMNTS

Governor Steve Sisolak (D-NV) has authorized what The Associated Press called a “limited marijuana banking system” for the state, a tourist mecca where recreational cannabis is legal. The aim is to create “an online system where digital currency could be sent and received.” The news is a bit vague so far, but certainly significant.

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