FLEETCOR

iPipeline Names Technology Industry Veteran Pat O'Donnell as New Chief Executive Officer

Retrieved on: 
Thursday, November 16, 2023
Six Sigma, Pipers, Economics, Price, Senior, Pension, Sigma, Fortune 500, FLEETCOR, West Chester University, Division, ADP, Software, O'Donnell dynasty, Roper Technologies, Growth, Certification, Management, Robert Ader

"Pat is a proven leader with a growth mindset in the technology sector, with robust experience and proven success in the industry. We are excited to welcome him to iPipeline and Roper Technologies," said Satish Maripuri. "Pat's focus on customer intimacy, innovation, driving M&A, and building high performance cultures is key to iPipeline's ongoing commitment to innovate and strategically transform the global industry -- life insurance, protection, financial services, and pensions -- through the company's innovative technology solutions. We look for Pat to build upon the strong and solid foundation iPipeline has built and I want to thank Deane for her leadership at iPipeline during this interim period."

Key Points: 
  • EXTON, Pa., Nov. 16, 2023 /PRNewswire/ -- iPipeline, a leading global provider of comprehensive and integrated digital solutions for the life insurance and financial services industry, announced today that Pat O'Donnell, a technology industry veteran with more than three decades of experience, has been appointed Chief Executive Officer.
  • Price joined iPipeline after more than 10 years with fellow Roper Technologies business, Aderant, where she held the role of CEO.
  • O'Donnell will be responsible for the global iPipeline organization and will report to Satish Maripuri, Group Executive, at Roper Technologies.
  • "Pat is a proven leader with a growth mindset in the technology sector, with robust experience and proven success in the industry.

REVEEL PARTNERS WITH CORPAY TO STREAMLINE INVOICING AND PAYMENT PROCESSES FOR PARCEL SHIPPING OPERATIONS

Retrieved on: 
Thursday, November 9, 2023
Financial management, AP, Automation, FLEETCOR, Organization, Risk, Empowerment, Partnership, Online shopping

IRVINE, Calif. , Nov. 9, 2023 /PRNewswire/ -- Reveel, whose Shipping Intelligence™ platform enables companies to level the playing field with carriers, today announced its partnership with Corpay, a FLEETCOR company and global leader in business payments, to provide its customers with a smart digital bill pay platform for small businesses. Reveel's Shipping Intelligence platform provides shippers with actionable insights they can use to immediately save money – enabling organizations with parcel shipping operations, including e-commerce companies, to radically lower their costs.

Key Points: 
  • Reveel's Shipping Intelligence platform provides shippers with actionable insights they can use to immediately save money – enabling organizations with parcel shipping operations, including e-commerce companies, to radically lower their costs.
  • Reveel and Corpay have forged a dynamic partnership to revolutionize financial management.
  • "For decades, businesses only learned of costly overage fees, easily avoidable surcharges, and other parcel shipping mistakes after receiving their carrier invoice," says Marc Aliotta, vice president of partnerships at Reveel.
  • Notably, Corpay offers cash rebates on most AP transactions, making it an attractive choice for businesses seeking to streamline their financial processes while simultaneously earning rebates on their expenses.

FLEETCOR Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023
Finance, Banking, Payments, Professional Services, Technology, Sale, NYSE, Financial result, GAAP, Acquisition, Growth, ID, Webcast, Fleetcor, Panther, Volkswagen Group, FLEETCOR, Pharmaceutical industry, Video game, Bank, Satellite navigation device, Reinsurance, Security (finance), EBITDA

FLEETCOR Technologies , Inc. (NYSE: FLT), a leading global business payments company, today reported financial results for its third quarter ended September 30, 2023.

Key Points: 
  • FLEETCOR Technologies , Inc. (NYSE: FLT), a leading global business payments company, today reported financial results for its third quarter ended September 30, 2023.
  • Net income increased 9% to $271.5 million in the third quarter of 2023, compared to $248.9 million in the third quarter of 2022.
  • EBITDA1 increased 13% to $528.9 million in the third quarter of 2023, compared to $466.4 million in the third quarter of 2022.
  • The Company will host a conference call to discuss third quarter 2023 financial results today at 5:30 pm ET.

FLEETCOR® Acquires PayByPhone, a Global Digital Parking Company

Retrieved on: 
Tuesday, November 7, 2023
Data Management, Consumer Electronics, Automotive, Technology, Payments, General Automotive, Apps, Applications, Software, Networks, Mobile, Wireless, Fleet Management, Volkswagen Group, FLEETCOR, Acquisition, Fleetcor, NYSE, Retail, Online shopping

FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced the acquisition of PayByPhone, a global provider of digital parking payment solutions.

Key Points: 
  • FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced the acquisition of PayByPhone, a global provider of digital parking payment solutions.
  • The acquisition expands FLEETCOR’s vehicle payment solution set for both its fleet customers and consumers.
  • First, by providing our customers access to one of the world’s leading parking apps, it helps expand the vehicle payment solutions we provide our B2B fleet customers in North America and Europe.
  • Our strategy is to deliver our existing payment products and networks through a single mobile app to PayByPhone’s UK customers.

ComdataSmartDESQ POS Solution Approved for Use on Valero Network

Retrieved on: 
Thursday, October 26, 2023
Sale, Merchant services, FLEETCOR, Certification, Valero, POS, Cryptocurrency, Payment card, Comdata

BRENTWOOD, Tenn., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Comdata, Inc., a FLEETCOR company and world leader in payment innovation, today announced all Valero network fuel distributors can now purchase and use Comdata’s industry-leading SmartDESQ point-of-sale (POS) solution.

Key Points: 
  • BRENTWOOD, Tenn., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Comdata, Inc., a FLEETCOR company and world leader in payment innovation, today announced all Valero network fuel distributors can now purchase and use Comdata’s industry-leading SmartDESQ point-of-sale (POS) solution.
  • Comdata has been working through a nearly two-year process with Valero to become one of five approved POS equipment providers.
  • “We are proud to add an additional point-of-sale certification to the Comdata Merchants portfolio,” said Matthew Miller, Vice President of Merchant Services, FLEETCOR.
  • For more information on Comdata’s CStore POS and payment solutions, visit comdatafuelsolutions.com .

Vanco Strengthens Leadership Team with Multiple Strategic Additions, Eyeing Next Stage of Growth

Retrieved on: 
Wednesday, October 11, 2023
Technology, Payments, Finance, Fintech, Banking, Electronic Commerce, Professional Services, Digital Cash Management, Digital Assets, Software, Multimedia, Knowledge, School, Senior, Dell, Diebold Nixdorf, Organization, Dell EMC, Product management, AG, FIS, Jack Warner, Keith Greene, Oracle, Growth, Marketing, SVP, Architecture, TSYS, Educational technology, Sale, FLEETCOR, Management, Vanco, Klarna, Enablement

"Their strategic insights will undoubtedly enhance our ability to innovate products and expand our market presence.

Key Points: 
  • "Their strategic insights will undoubtedly enhance our ability to innovate products and expand our market presence.
  • Previously, Steve drove growth and success and led strategic product initiatives at several healthcare and educational technology companies.
  • "I am keen to apply my expertise in multiple different verticals to help Vanco deliver top-notch financial solutions.
  • I look forward to leveraging my skills and expertise to drive strategic sales plans and revenue growth at Vanco."

Digital Payment Market worth $193.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 4, 2023
Transfer, PayPal, FIS, Research and development, Outsourcing, Acquisition, Digital wallet, Digital, R, Environment, Maintenance, Theft, Smartphone, WEX, Android, VISA, Growth, Support, Hospitality, Apple Pay, FLEETCOR, PayU, Printing, Global Payments, JPMorgan Chase, ACI Worldwide, MEA, E-commerce, Transport, Entertainment, Managed services, Research, Fraud, Payment gateway, Salesforce, Fintech, Partnership, Vault, Movement, Domestic, BFSI, Online shopping, Mobile phone, Telecom, Square, Vertical, Apple, Fiserv, Health care, Worldpay, Mastercard

The payment processor sector within the financial industry pertains to firms or entities that facilitate electronic payment transactions between merchants and consumers.

Key Points: 
  • The payment processor sector within the financial industry pertains to firms or entities that facilitate electronic payment transactions between merchants and consumers.
  • Digital payment vendors offer professional and managed services to plan, design, implement, and deploy digital payment solutions.
  • Support and maintenance services help ensure the overall development of digital payment solutions, which is expected to drive the growth of the services segment.
  • Digital payment systems streamline invoicing and payment processing, allowing businesses to manage cash flow more efficiently.

Digital Payment Market worth $193.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 4, 2023
Transfer, PayPal, FIS, Research and development, Outsourcing, Acquisition, Digital wallet, Digital, R, Environment, Maintenance, Theft, Smartphone, WEX, Android, VISA, Growth, Support, Hospitality, Apple Pay, FLEETCOR, PayU, Printing, Global Payments, JPMorgan Chase, ACI Worldwide, MEA, E-commerce, Transport, Entertainment, Managed services, Research, Fraud, Payment gateway, Salesforce, Fintech, Partnership, Vault, Movement, Domestic, BFSI, Online shopping, Mobile phone, Telecom, Square, Vertical, Apple, Fiserv, Health care, Worldpay, Mastercard

The payment processor sector within the financial industry pertains to firms or entities that facilitate electronic payment transactions between merchants and consumers.

Key Points: 
  • The payment processor sector within the financial industry pertains to firms or entities that facilitate electronic payment transactions between merchants and consumers.
  • Digital payment vendors offer professional and managed services to plan, design, implement, and deploy digital payment solutions.
  • Support and maintenance services help ensure the overall development of digital payment solutions, which is expected to drive the growth of the services segment.
  • Digital payment systems streamline invoicing and payment processing, allowing businesses to manage cash flow more efficiently.

Comdata To Preview TotalSTORE Point-of-Sale Solutions Powered by GK at the NACS Show

Retrieved on: 
Tuesday, October 3, 2023
Partnership, FLEETCOR, NACS, GK, POS, Sale, GK Software, Online shopping, Comdata

The state-of-the-art Comdata “TotalSTORE” POS and payment solution is powered by the GK OmniPOS solution, ensuring the most innovative and flexible solutions in POS and payment capabilities.

Key Points: 
  • The state-of-the-art Comdata “TotalSTORE” POS and payment solution is powered by the GK OmniPOS solution, ensuring the most innovative and flexible solutions in POS and payment capabilities.
  • TotalSTORE, an extension of Comdata’s industry-leading commercial payment solutions for which it is known, is hardware independent and will be available in both self-service kiosks and forecourt POS hardware.
  • This joint innovation empowers Comdata to provide solutions for convenience retailers that improve and enhance customer experience and drive operational efficiencies.
  • To learn more about how Comdata and GK are revolutionizing payment opportunities for convenience retailers, travel centers and truck stops, visit https://comdatafuelsolutions.com/ and https://www.gk-software.com/us/solutions/gk-drive .

FLEETCOR Exits Russia

Retrieved on: 
Tuesday, August 15, 2023
Payments, Professional Services, Technology, Fintech, Software, Sale, Bank, Bank of America, ASR, Fleetcor, Share repurchase, NYSE, FLEETCOR, Cryptocurrency

FLEETCOR Technologies, Inc. (NYSE: FLT) , a leading global business payments company, today announced the sale of its Russia business to a local investment group.

Key Points: 
  • FLEETCOR Technologies, Inc. (NYSE: FLT) , a leading global business payments company, today announced the sale of its Russia business to a local investment group.
  • “We concluded the sale of our Russia business this week and are now completely out of the market.
  • We are also announcing the launch of a $450 million ASR to buyback FLEETCOR stock,” said Ron Clarke, Chairman and CEO of FLEETCOR Technologies, Inc.
  • FLEETCOR anticipates that all repurchases under the ASR will be completed by the end of the third quarter of 2023.