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Today In B2B: FLEETCOR's $1B M&A Plans; Statrys Lands Funding For SMB FinTech

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Today in B2B Payments, commercial payments technology firm FLEETCOR reveals $1 billion plans for M&A activity. FLEETCOR Looks To Invest $1B Despite Pandemic M&A Slowdown. FLEETCOR is looking to invest $1 billion this year, despite an M&A slowdown in the payments sector due to the ongoing pandemic.

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Western Union CEO: ‘We’re On An M&A Hunt’

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The Financial Times (FT) reported Western Union (WU) is planning to use opportunities arising from the pandemic to gobble up its weaker rivals. “I I am pretty active on the mergers and acquisitions front,” CEO Hikmet Ersek told the newspaper. Ersek said he is not waiting for a vaccine to pursue acquisitions. “It

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CFOs’ Goals For The Year: Act Like ‘Tech Titans,’ Prep For Trade Volatility

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Citi ‘s latest report on how the corporate finance world plans to navigate volatility in 2019 suggests chief financial officers (CFOs) have a role model toward which to look: the so-called “tech titans.” Yet, Citi warned, “failure to appropriately execute on transformational M&A led to substantial underperformance.”

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How Multi-Entity SMBs Can Navigate A World Of Billing Complexity

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Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. The world is flattening for businesses of all sizes that now find it easier than ever to expand across borders.

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Fed Chairman Concerned Over Shrinking Bank Market

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Earlier this month, the Federal Reserve released new data that found the average merger review time for deals in the banking sector declined to 3.8 The average merger review time at the Office of the Comptroller of the Currency (OCC) declined between 2016 and 2018, too, reports in The Wall Street Journal said.

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Today In Payments: ECB Outlines Use Cases For Digital Euro; Goldman To Pay $2.5B For GM’s Credit Card Business

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The partnership marks the retail giant's foray into privately managed Medicare Advantage plans. India is reportedly planning to launch its own app store as an alternative to Google and Apple’s app stores, in a bid by the country to become more self-reliant. Why The Pandemic Is a ‘Black Swan’ That Will Spur Payments M&A.

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Fleetcor Beats The Street In Q3, Launches McDonald’s Contactless Payments Collab

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During the firm’s earnings call, Clarke pointed to initiatives across Fleetcor’s four core business units — fuel, corporate payments, tolls and lodging — via collaborations, mergers and acquisitions (M&A) to drive incremental growth in each area. Total revenues were up 7 percent year over year to $619.6