Welcome to our dedicated page for Nuvei news (Ticker: NVEI), a resource for investors and traders seeking the latest updates and insights on Nuvei stock.
Nuvei provides global payments infrastructure for merchants that need digital and in-person acceptance, payout options, card issuing, banking, risk management, and fraud management through a modular platform. Company news commonly covers merchant and technology partnerships, including virtual card payments for travel suppliers, enterprise omnichannel commerce, subscription payments, and European online retail expansion.
Updates also address Nuvei's payment-network capabilities, such as clearing and settlement infrastructure, authorization optimization, PINless debit, least-cost routing, tokenized checkout, and alternative payment method connectivity. Regulatory and product news includes its EU MiCAR Crypto-Asset Service Provider license, which supports regulated crypto-asset services within its broader payments and settlement infrastructure.
Nuvei Corporation (Nasdaq: NVEI) has announced its third quarter 2022 financial results will be released on November 3, 2022, before market open. A conference call will follow at 8:30 am ET, led by CEO Philip Fayer and CFO David Schwartz. This call will be available via webcast on the company’s investor relations website, with a replay accessible after the live event. Nuvei operates in over 200 markets, providing scalable payment technology and fraud management services.
Nuvei Corporation (Nasdaq: NVEI) has introduced instant settlement options for merchants worldwide, specifically utilizing EUROC and USDT stablecoins. This enhancement allows merchants to benefit from round-the-clock liquidity, especially in regions lacking traditional payment solutions such as Instant SEPA or RTP. Stablecoins provide a bridge between cryptocurrency flexibility and traditional currency stability, facilitating better cash flow management. Nuvei's initiative aligns with its mission to support merchants in accelerating their business through innovative payment methods.
Nuvei (Nasdaq: NVEI) has been selected by Vanguard Truck Centers as a payment provider to enhance their operations across the U.S. commercial truck dealer group. This partnership aims to optimize business-to-business payment processing, benefiting from Nuvei’s end-to-end solutions.
The U.S. trucking industry was valued at $732 billion in 2020, demonstrating significant market potential. Vanguard operates in 24 locations and offers a range of services, including truck sales and leasing. This collaboration is expected to improve payment processes and customer experiences while supporting Vanguard's growth strategy.
Nuvei Corporation (Nasdaq: NVEI) has partnered with Lottomatica, a leading iGaming operator in Italy, to provide exclusive payment technology. This collaboration aims to enhance player experience through integrated cashier technology and local acquiring solutions to streamline deposits and withdrawals. Nuvei's system offers various alternative payment methods, facilitating improved transaction efficiency. The agreement positions Nuvei as a premier payments provider in the iGaming sector across Europe.
Nuvei Corporation (Nasdaq: NVEI) announces the launch of Nuvei Simply Connect, a customizable payment interface aimed at helping businesses scale efficiently. This Software Developer Kit (SDK) offers a user-friendly solution for merchants lacking significant in-house development resources, providing them with enterprise-grade features such as extensive payment methods, fraud management, and compliance tools. Designed for businesses of all sizes, Simply Connect enhances customer experience by allowing easy customization of the transaction page to fit existing site layouts.
Nuvei has partnered with Kindred Group to enhance its payment services for online gambling in key European markets. This collaboration allows Kindred players to seamlessly deposit and withdraw funds using Nuvei's advanced payment technology, which optimizes card acceptance rates and boosts player conversion. With Kindred operating well-known brands like Unibet and 32Red, this partnership aims to drive revenue growth through improved payment experiences. Both companies express confidence in enhancing customer engagement and expanding market presence.
Nuvei Corporation (Nasdaq: NVEI) partners with Arcadier, enhancing their global expansion in the B2B and B2C marketplace sectors. This collaboration allows Arcadier's merchants to access tailored payment solutions, with over 570 alternative payment methods integrated into their platforms. Notably, Nuvei's technology simplifies payment processing and onboarding, crucial for accelerating revenue. With marketplaces accounting for 57% of eCommerce sales, this partnership is poised to leverage significant market opportunities.
Nuvei Corporation (Nasdaq: NVEI) has announced its participation in several investor conferences in September 2022.
The events include the Susquehanna Virtual Gambling and Technology Ecosystem Forum on September 7, Goldman Sachs 2022 Communacopia and Technology Conference on September 12, and the Autonomous 7th Annual Future of Commerce Symposium on September 16. Additionally, Nuvei will attend the BMO Digital Banking Summit on September 20 and the CIBC 21st Annual Eastern Institutional Investor Conference on September 22.
Webcasts of these presentations will be available on Nuvei’s investor relations website.
Nuvei Corporation has partnered with Air Transat, enhancing the airline's payment processing capabilities across 39 global markets.
This collaboration aims to offer a smooth payment experience to customers while improving revenue through optimized approval rates and fraud management.
Air Transat, Canada's third-largest airline, emphasizes that this partnership will help expand payment options and enhance working capital management.
Nuvei aims to solidify its position as a leading payment partner in the travel and airline sector as global travel resumes.
Nuvei Corporation (Nasdaq: NVEI, TSX: NVEI) has announced its participation in Canaccord Genuity’s 42nd Annual Growth Conference on August 11, 2022, at 2:30 pm ET. The management team’s presentation will be accessible through a live webcast and archived replay on the company’s investor relations website.
Nuvei is a leading payment platform connecting businesses in over 200 markets with 45+ local acquiring markets, supporting 150 currencies and over 570 alternative payment methods. For more details, visit nuvei.com.