Nuvei

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CHX, PIK, NVEI, DOMA

Retrieved on: 
Tuesday, April 2, 2024
Sale, SLB, Advent International, Nuvei, Fraud, Advertising, Security (finance)

If you are a ChampionX shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a ChampionX shareholder, click here to learn more about your rights and options .
  • If you are a Doma shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: ChampionX Corporation (Nasdaq – CHX), Nuvei Corporation (Nasdaq - NVEI), Doma Holdings, Inc. (NYSE - DOMA), Kidpik Corp. (Nasdaq - PIK)

Retrieved on: 
Tuesday, April 2, 2024
Advent, Doma, SLB, Brodsky, Advent International, Nuvei, TRG, Security (finance)

If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.

Key Points: 
  • If you own shares and wish to discuss the investigation, contact Jason Brodsky ( [email protected] ) or Marc Ackerman ( [email protected] ) at 855-576-4847.
  • Under the terms of the agreement, ChampionX will be acquired by SLB (NYSE - SLB).
  • ChampionX shareholders will receive 0.735 shares of SLB common stock in exchange for each ChampionX share.
  • At the closing of the transaction ChampionX shareholders will own approximately 9% of SLB’s outstanding shares of common stock.

Shoptalk Opens Registration for Inaugural Fall Event

Retrieved on: 
Wednesday, March 20, 2024
Supply Chain Management, Online Retail, Department Stores, Specialty, Electronic Commerce, Convenience Store, Technology, Digital Marketing, Retail, Marketing, Communications, Content Marketing, Trove, Sorting, RSM US, Circle Commerce, PetSmart, Kohl's, SHEIN, YouGov, Autumn, CoreLogic, Wayfair, Zalando, Sephora, Walmart, Rewind, Textile, McDonald's, Constructor, CJ Affiliate, Crown Peak, Marriott International, Commerce, Acumatica, Cloudinary, EMarketer, The North Face, The Home Depot, AfterShip, Contentful, PebblePost, Nuvei, Amplitude, Abercrombie & Fitch, Yum! Brands, Coveo, WHP, Riskified, Connected relation, Ulta Beauty, EFI, NewStore

Shoptalk, the leading global event for retail innovation, today announces the registration, launch and preliminary agenda of Shoptalk Fall.

Key Points: 
  • Shoptalk, the leading global event for retail innovation, today announces the registration, launch and preliminary agenda of Shoptalk Fall.
  • “Shoptalk Spring has served as the annual touchpoint for the retail industry to come together to innovate, collaborate and redefine the retail ecosystem, but the call for another opportunity to connect has grown louder and louder” said Sophie Wawro, Global President, Shoptalk.
  • Shoptalk Fall participants will also have the opportunity to take part in Meetup—the world’s largest meetings program for the retail industry that will be facilitating more than 20,000 double-opt-in meetings during the event.
  • Registration for Shoptalk Fall 2024 is now open.

Riskified Launches “Auth Rate Enhance” as Part of Chargeback Guarantee to Improve Conversion Rates and Maximize Ecommerce Revenues for Merchants

Retrieved on: 
Tuesday, March 12, 2024
Online Privacy, Technology, Payments, Security, Electronic Commerce, Digital Cash Management, Digital Assets, Software, Retail, Online Retail, Capital One, Partnership, Risk, Nuvei, Chargeback, Risk assessment, Fraud, Lorna Jane, Growth, Capital

According to Riskified data, approximately 15% of ecommerce orders fail due to card issuers declining to authorize payment.

Key Points: 
  • According to Riskified data, approximately 15% of ecommerce orders fail due to card issuers declining to authorize payment.
  • The impact is massive: false declines were expected to generate a $157B loss ( Nuvei ) for US merchants alone in 2023.
  • Overly low authorization rates can choke conversion rates, in turn stunting ecommerce growth.
  • This empowers merchants to optimize conversions, reduce insult rate, and offload chargeback risk to Riskified based on the needs of their specific business segments.

Nuvei responds to recent press reports

Retrieved on: 
Monday, March 18, 2024
Committee, Nuvei, TSX, Policy, Privatization, Cryptocurrency

MONTREAL, March 17, 2024 /PRNewswire/ -- Nuvei Corporation (NASDAQ: NVEI) (TSX: NVEI) (the "Company" or "Nuvei") announces today that it is aware of recent media reports speculating as to a potential going-private transaction involving the Company.

Key Points: 
  • MONTREAL, March 17, 2024 /PRNewswire/ -- Nuvei Corporation (NASDAQ: NVEI) (TSX: NVEI) (the "Company" or "Nuvei") announces today that it is aware of recent media reports speculating as to a potential going-private transaction involving the Company.
  • The Company cautions readers that it has not entered into any agreements or understandings to effect a privatization or similar transaction, and there can be no assurance that any discussions that have taken place will result in any such agreements or understandings.
  • The Special Committee is continuing its evaluation of the proposals received to date and the strategic alternatives available to the Company, and no decision has been made at this time whether to pursue a transaction or maintain the status quo.
  • Given the nature of the process, the Company does not intend on commenting further unless otherwise required pursuant to applicable securities laws and regulations.

The Master Group selects Nuvei to accelerate online growth

Retrieved on: 
Thursday, March 14, 2024
Partnership, Nuvei, HVAC, TSX, Online shopping

MONTREAL, March 14, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has partnered with The Master Group, Canada's largest distributor in the HVAC-R industry, to optimize The Master Group's payments functionality and drive faster growth through an enhanced omnichannel experience.

Key Points: 
  • MONTREAL, March 14, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today that it has partnered with The Master Group, Canada's largest distributor in the HVAC-R industry, to optimize The Master Group's payments functionality and drive faster growth through an enhanced omnichannel experience.
  • The Master Group is leveraging Nuvei's unified commerce solution to accept credit and debit card payments seamlessly across its online and in-store sales channels.
  • In addition to streamlining payments for existing customers, Nuvei's technology is enabling The Master Group to expand into a broader market by enabling delivery and online payment options for the first time.
  • "We're proud to partner with The Master Group as they embrace digital transformation and look forward to supporting their continued success."

Nuvei to Participate in Upcoming Investor Conferences

Retrieved on: 
Monday, March 11, 2024
Nuvei, Bank, TSX

MONTREAL, March 11, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced that members of the Company's management team will be participating in the following investor conferences:

Key Points: 
  • MONTREAL, March 11, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today announced that members of the Company's management team will be participating in the following investor conferences:
    Wolfe FinTech Forum 2024 in New York, NY on Wednesday, March 13, 2024.
  • The discussion will begin at 3:15 PM ET and last for approximately 35 minutes
    Bank of America 2024 Electronic Payments Symposium on Tuesday, March 19, 2024.
  • The discussion will begin at 10:15 AM ET and last for approximately 45 minutes

Nuvei Announces Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Tuesday, March 5, 2024
Acquisition, SMB, Total, Internal Revenue Code, Income Tax Act, TSX, Government, Letter, Ratio, ISV, Nuvei, LATAM, Public expenditure, Three Months, Hand, Cryptocurrency

MONTREAL, March 5, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today reported its financial results for the three months and year ended December 31, 2023. The Company's results are also included in a quarterly shareholder letter which can be found in the "Events and presentations" and "Financial information" sections of the Company's Investor Relations website at https://investors.nuvei.com. 

Key Points: 
  • MONTREAL, March 5, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, today reported its financial results for the three months and year ended December 31, 2023.
  • B2B, government and ISV revenue increased 19% year over year on a pro forma basis(g), to $59 million and represented 18% of total revenue in the fourth quarter.
  • SMB revenue increased 2% year over year on a pro forma(g) basis, to $82 million and represented 26% of total revenue in the fourth quarter.
  • In summary, total revenue increased 11% year over year on a pro forma(g) basis in the fourth quarter.

New research reveals payment optimization can increase revenue by 30%

Retrieved on: 
Thursday, February 15, 2024
TSX, Nuvei, E-commerce, Research

MONTREAL, Feb. 15, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today the launch of its latest research whitepaper, Accelerating revenue growth: How incremental payment optimization can drive up to 30% revenue gains, which places a spotlight on the role that strategic payment optimization can play in significantly enhancing eCommerce business' revenue.

Key Points: 
  • MONTREAL, Feb. 15, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company, announces today the launch of its latest research whitepaper, Accelerating revenue growth: How incremental payment optimization can drive up to 30% revenue gains, which places a spotlight on the role that strategic payment optimization can play in significantly enhancing eCommerce business' revenue.
  • To compile the whitepaper data, Nuvei commissioned research to survey more than 300 global merchants and interviewed payments leaders from worldwide brands.
  • Philip Fayer, Nuvei Chair and CEO, commented on the announcement: "Payment optimization is key to helping our customers accelerate their revenue.
  • Our latest research highlights the reasons it should be at the core of any payment strategy.

Nuvei enters new global partnership with Adobe to enhance eCommerce payments

Retrieved on: 
Tuesday, January 23, 2024
Cloud, Adobe, E-commerce, FedNow, Commerce, ACH, API, Partnership, B2C, Clearing house, B2B, TSX, Cropping system, Content, Automated clearing house, Adobe Experience Cloud, Nuvei, Online shopping

MONTREAL, Jan. 23, 2024 /PRNewswire/ -- Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), the Canadian fintech company announces today that they are partnering with Adobe to provide customers access to their payments technology through their existing integration with Adobe Commerce, which is part of Adobe Experience Cloud, and enables businesses to create, manage and scale their commerce offerings. The partnership enables B2B and B2C businesses operating on Adobe Commerce to simplify payments relationships and expand into new markets.

Key Points: 
  • The partnership enables B2B and B2C businesses operating on Adobe Commerce to simplify payments relationships and expand into new markets.
  • "By working with Nuvei, Adobe Commerce provides merchants greater flexibility in the payment experience, for consumers shopping online, as well as across B2B channels."
  • "We want to enable our customers to reach their customers, wherever they are in the world and however they want to conduct ecommerce," said Philip Fayer, Nuvei Chair and CEO.
  • "For businesses, an effective, personalized approach to payments strategy is key, and that is what this partnership is delivering for users of Adobe Commerce."