Hashdex

Payments

Fraugsterand | February 15, 2022

Fraugster and Payaut have come together with a similar aim to provide prevention services to marketplaces. Fraugster is a German-Israeli payment intelligence company and collaborated with payout specialist, Payaut. The collaboration will enable marketplaces to access a wide range of fraud prevention, uplifted revenue, and compliance solutions. According to Digital Commerce 360, it was recorded in 2020 that marketplaces accounted for 62 percent of global online consumer sales. The ...

Payments, Fintech

Nuvei and Paya | January 16, 2023

Nuvei Corporation, a Canadian fintech company, and Paya Holdings Inc., a leading U.S. provider of integrated payment and commerce solutions, have entered into a definitive agreement to acquire Paya at USD 9.75 per share for approximately $1.3 billion in cash. Philip Fayer, Nuvei's Chair and Chief Executive Officer, said, "The proposed acquisition of Paya is a powerful next step in the evolution of Nuvei, creating a preeminent payment technology provider with strong posi...

Reuters | January 29, 2020

Oil was mixed on Wednesday as worries about the coronavirus outbreak and swelling U.S. crude inventories weighed on prices, counter-balanced by talk that OPEC could extend oil output cuts. Brent crude LCOc1 was up 38 cents to $59.89 at barrel at 1:17 p.m. (18:17 GMT). U.S. crude dropped 10 cents to $53.38. Financial markets hit by the spread of the virus out of China are trying to assess economic fallout as the death toll continues to rise, and airlines cut flights to China. “Following the...

Investing.com | April 24, 2020

Senior World Bank officials on Friday warned that developing economies could see a deeper recession than currently expected if consumption and investment do not rebound quickly after the coronavirus pandemic. In a blog posting on the Bank's website, officials said the preliminary baseline scenario forecast a "grim" 2% drop in economic output in developing countries, the first contraction in these economies since 1960 and a sharp swing from average growth of 4.6% over the las...