Nuvei

Will Bumper Crop of IPOs Take Cue From Busted FinTech Offerings?
Will Bumper Crop of IPOs Take Cue From Busted FinTech Offerings?
March 20, 2024  |  IPO

Investors may be gearing up for an initial public offering (IPO) renaissance, but if PYMNTS’ FinTech IPO Index serves as any harbinger: Caveat emptor. There’s...

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Report: Nuvei on Verge of Buyout Deal With Advent
Report: Nuvei on Verge of Buyout Deal With Advent
March 17, 2024  |  Acquisitions

Canadian FinTech Nuvei is reportedly close to being acquired by private equity company Advent International. The payments processor, backed by actor/investor Ryan Reynolds, is in...

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Data and Updated Technology Lead Must-Have List for Omnichannel Payments
Data and Updated Technology Lead Must-Have List for Omnichannel Payments
March 12, 2024  |  Omnicommerce

The great digital shift of the pandemic has given way to omnichannel commerce, as consumers clamor to do at least some of their shopping on...

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FinTech IPO Index Gathers 2.7% as MoneyLion Jumps 34% on Earnings 
FinTech IPO Index Gathers 2.7% as MoneyLion Jumps 34% on Earnings 
March 08, 2024  |  Fintech Investments

Many of the names that are part of the FinTech IPO Index soared double digits on the heels of earnings this past week, leading the...

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eCommerce Merchants Fail to Connect Failed Payments and Fraud
eCommerce Merchants Fail to Connect Failed Payments and Fraud
March 08, 2024  |  Fraud Prevention

Despite the many fraudsters on the prowl seeking to exploit any vulnerabilities they can find in the payments ecosystem, only about one-third of eCommerce merchants...

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Nuvei’s B2B, ISV Revenues Jump 19%
Nuvei’s B2B, ISV Revenues Jump 19%
March 06, 2024  |  Earnings

Nuvei’s fourth-quarter results showed that the company is seeing double-digit growth in demand and momentum from enterprise clients, and in the B2B and ISV-related businesses....

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8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
8 in 10 Merchants Screen Potential Fraud With Same-Payment-Method Retries
February 27, 2024  |  Fraud Prevention

In an effort to counter false declines and prevent unnecessary losses, PYMNTS Intelligence research finds, the vast majority of merchants are encouraging consumers to reattempt...

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Nearly 60% of Firms Say Failed Payments Are Expensive to Track and Resolve
Nearly 60% of Firms Say Failed Payments Are Expensive to Track and Resolve
February 23, 2024  |  Digital Payments

False declines, which cause friction in the payment process, have a detrimental effect on transaction success rates and discourage customers from returning.  According to findings...

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Failed Cross-Border Payments Cost US Merchants an Estimated $3.8B
Failed Cross-Border Payments Cost US Merchants an Estimated $3.8B
February 21, 2024  |  Cross-border Payments

Many U.S. eCommerce merchants prioritize international markets, but see higher failed payment rates in cross-border transactions than in domestic ones. These payment failures significantly impact...

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