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 Corporation (NVEI) is a Canadian fintech company in the financial transactions processing industry that regularly announces developments related to its global payments platform, partnerships, and regulatory authorizations. News about Nuvei often focuses on how its modular, flexible, and scalable technology supports next-generation payments, payouts, card issuing, banking, and risk and fraud management services across more than 200 markets.
Recent announcements highlight Nuvei’s role in enterprise and omnichannel commerce, such as its partnership with FreedomPay to provide a unified payments approach for in-store and digital commerce, and its integration with Zuora to support global subscription and recurring revenue payments. Other updates describe Nuvei’s work with sector-specific partners, including flaconi in European beauty and fragrance eCommerce, Virgin Voyages in travel and hospitality, and Gaming Innovation Group in iGaming.
Nuvei also publishes news about enhancements to its payments infrastructure and optimization tools. Examples include expanding its proprietary global clearing and settlement platform to North America, adding PINless debit and least cost routing to its Authorization Optimization suite, and launching a blockchain-based payment solution in Latin America that uses stablecoins for cross-border B2B settlements.
Regulatory and crypto-asset developments are another recurring theme, such as Nuvei obtaining a Crypto-Asset Service Provider license under the EU’s Markets in Crypto-Assets Regulation and a Payment Institution license for services related to electronic money tokens. Investors and observers can use the Nuvei (NVEI) news feed on Stock Titan to follow these types of announcements, including partnerships, platform upgrades, regional expansions, and regulatory milestones.
Nuvei Corporation (Nasdaq: NVEI) has partnered with luxury travel operator Scott Dunn to provide a comprehensive global payment solution. This collaboration will enhance Scott Dunn's payment orchestration and smart routing capabilities, facilitating a seamless digital travel experience. The travel market is projected to generate US $637 billion in revenue in 2022, indicating strong recovery post-pandemic. Nuvei’s technology supports over 200 markets and various payment methods, positioning it as a key player in the growing travel and mobility sector.
Nuvei Corporation (Nasdaq: NVEI) has partnered with Betsson Group to provide instant deposits and withdrawals on its Betsafe sportsbook in Colorado. This collaboration enables users to deposit directly from their bank accounts and receive winnings in real-time, enhancing the overall player experience. Nuvei's Instant Bank Transfer technology secures financial details and streamlines transactions. This partnership marks a significant addition to Nuvei's U.S. iGaming portfolio, aligning with its strategy to meet the growing demand for efficient payment solutions in the sports betting market.
Nuvei Corporation (Nasdaq: NVEI) has partnered with Hard Rock Digital to enhance the payment services for its Hard Rock Sportsbook mobile app. Players in Arizona and Virginia can now use Nuvei's Instant Bank Transfer for quick deposits and withdrawals. This integration utilizes The Clearing House’s Real Time Payments network, allowing players to access their funds instantly, addressing the critical need for fast payouts in the gaming industry. Nuvei aims to solidify its role as a leading payment technology provider in the U.S. iGaming sector.
Nuvei Corporation (Nasdaq: NVEI) has partnered with Bibox, an AI-driven digital asset trading platform, to enhance access to over 145 cryptocurrencies. This partnership integrates Nuvei's Simplex solution, allowing Bibox users to buy cryptocurrencies with credit/debit cards, Apple Pay, and various transfers. The collaboration aims to deliver a seamless and secure trading experience, backed by fraud protection. Bibox, with over 20 million users globally, stands as a top-tier exchange, known for its security and advanced trading tools, ensuring a trustworthy digital asset management environment.
Nuvei Corporation (Nasdaq: NVEI) announces a partnership with Fifth Third Bank to introduce real-time deposits for U.S. iGaming and sports betting operators. This innovative solution enables merchants to receive instant deposits, leveraging the RTP® network, and significantly reduces fraud risks and insufficient funds issues. The service enhances customer experience, particularly for in-play betting, aligning with Nuvei’s expansion in the U.S. market. CEO Philip Fayer emphasizes this rollout as a transformative shift in payment solutions, enhancing market credibility.
Nuvei Corporation (Nasdaq: NVEI) is expanding its partnership with Novibet to enable the acceptance of Apple Pay, enhancing payment options for players. This integration allows players to make deposits and request payouts through Apple Pay, improving user experience. Novibet, a major player in the European online betting market, plans to grow its international presence, including upcoming launches in the U.S., Mexico, and Canada. Nuvei's expertise in international markets and customizable payment solutions strengthens its position as a leading payments partner in the gaming industry.
Nuvei Corporation (Nasdaq: NVEI) announced a partnership with Eneba, a global gaming marketplace, enhancing its payment solutions. Eneba, with over 5 million active users, will utilize Nuvei's extensive payment options, featuring over 530 methods, to improve customer experience and boost revenue. This collaboration aims to provide a seamless shopping experience, leveraging Nuvei's industry-leading technology to ensure reliability and scalability. Both companies emphasize the importance of trust and safety in online gaming transactions, enabling a more accessible marketplace for gamers worldwide.
Nuvei Corporation (Nasdaq: NVEI) announced a partnership with nextmarkets, a commission-free online broker in Europe. This collaboration aims to enhance nextmarkets' payment capabilities and support its international expansion. Utilizing Nuvei’s platform, nextmarkets will provide over 530 payment methods, facilitating seamless transactions for clients. The partnership aligns with their shared vision of democratizing trading experiences. Nextmarkets operates in seven European markets and offers commission-free trading on thousands of equities and ETFs.
Nuvei (Nasdaq: NVEI) has partnered with Aircash, Croatia's leading mobile wallet, to support its expansion across Europe by providing acquiring and payment gateway services along with over 530 alternative payment methods. This strategic collaboration aims to help Aircash replicate its success in Croatia in markets like Germany, Austria, and Slovenia. Aircash has grown to over 350,000 users, transferring more than 35 million euros monthly. The partnership will enhance Aircash's capabilities for cross-border payments and goods and services transactions, boosting its market presence in the EU.
Nuvei Corporation (Nasdaq: NVEI) has enhanced its integration with XDC Network by collaborating with the XDCPay Web3 wallet. This allows users to purchase XDC using Visa, Mastercard, and Apple Pay with over 100 local currencies. XDCPay simplifies access to decentralized finance and applications, promoting broader market participation. This partnership, which began in July 2021, aims to streamline transactions within the XDC ecosystem, further propelling its growth and user engagement in decentralized finance.
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