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Cxdz Bankers Press For More Lenient Leveraged Lending Guidelines
Incremental activity in public listings this past week 鈥?via traditional initial public listings  IPOs  and special-purpose acquisition companies  SPACs  鈥?was focused on digital banking and even blockchain.Planned IPOs in the banking and payments spaces helped lift those verticals to a respective 25 and 44 announcements year to date, as tracked by PYMNTS 鈥?representing the dominant sectors in terms of overall activity.And it is the neobanks that hold sway in terms of projected deal sizes and valuations, at least for the moment.聽The activ <a href=https://www.stanley-cup.cz>stanley termosky</a> ity has been international in scope, extending well beyond U.S. borders.As noted in this space, the聽Brazilian neobank Nubank is readying an initial public offering  IPO  that might be worth more $2 billion by the end of the year.聽The companys most recent capital raise of $400 million would value the company at $25 billion, with a customer base of 34 million individuals, which would make Nubank the largest inde <a href=https://www.cup-stanley.fr>gourde stanley</a> pendent online bank.See Also:聽FinTech Company Nubank Eyes $2B IPO聽In another sign of the traction that digitization is gaining 鈥?both as a business model and as an investment vehicle 鈥?this past week,聽Cascadia Acquisition, a SPAC that was in turn formed by Cascadia Capital, has filed  <a href=https://www.stanley-germany.de>stanley germany</a> with the SEC to raise up to $150 million.In the filing,聽the company stated that  we intend to concentrate on sourcing business combination opportunities in industry sectors that are being fundamentally reshaped by the introduction of advanced technologies, c Mols Is New Extreme Value Grocery Store Latest Biz Disruptor
As in-flight purchases keep rising, Visa will now let airlines do a better job of identifying exactly what passengers buy with their payment cards while they ;re in transit, Visa said in a company blog post on Wednesday  April 1 .The new ancillary transaction categories for things like baggage fees, in-flight meals and seat upgrades were originally piloted with a handful of major U.S. airlines a year ago, and Visa originally planned to require use of the categories by all U.S. carriers by October 2014. The new standard categories have now gone live  <a href=https://www.stanleycup.pl>stanley kubek</a> globally, a Visa spokesman said.The new categories cover a group of transactions that has increased by almost 400 perce <a href=https://www.stanleycup.pl>stanley polska</a> nt since 2008, due to shifts in airline business models along with in-flight acceptance of payment cards  and mobile payments such as Apple Pay  for drinks and food. Transactions paying for something other than a ticket are now about half of the card transactions that airlines take each year.The advantage of the new categories  Consumers can more easily understand charges on their bill, Visa global head of merchant solutions Ramon Martin wrote in the post announcing the rollout. For example, what previo <a href=https://www.stanleycups.us>stanley us</a> usly may have read, Airline Air 0014567891014 ; would now read Airline Air Wi-Fi. Martin added that business travelers will also be able to offer more detailed receipts for their expense reports, giving corporate travel departments more granular data.
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