Nasdaq, the stock market exchange and financial information provider, has initiated legal proceedings against Stripe Payments UK Ltd in a Part 8 Miscellaneous Claim in the British courts.  Stripe is Nasdaq’s payments provider and, according to its own promotional material, it enables Nasdaq to “provide simple card payment options to customers with robust security and reliability”.  Nasdaq also uses Stripe’s billing solutions to offer their team “complete subscription management capabilities”. Commenting previously on the exchange’s partnership with Stripe, Adena T Friedman, president and chief executive of Nasdaq, said: “Scalability and security are two key areas of focus in operating all…

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