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FLEETCOR Rebrands to Corpay, Highlights Range of B2B Payments Solutions
FLEETCOR Rebrands to Corpay, Highlights Range of B2B Payments Solutions
March 07, 2024  |  B2B Payments

FLEETCOR Technologies is rebranding to Corpay, saying the new name better reflects the range of corporate payment solutions the company offers. The name change will take effect...

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Regional Banks Still Face Roadblocks One Year After SVB Crisis
Regional Banks Still Face Roadblocks One Year After SVB Crisis
March 07, 2024  |  Banking

One year after the 2023 banking crisis, America’s regional lenders continue to struggle. A report Thursday (March 7) by Reuters examined the hurdles facing these mid-sized banks,...

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Musk: X Close to Landing NY and CA Payment Licenses
Musk: X Close to Landing NY and CA Payment Licenses
March 07, 2024  |  Digital Payments

Elon Musk says X could soon receive money transmitter licenses from New York and California. The license from California could come in the next month or so,...

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Visa: Working Capital Strategies Best at Top-Performing Middle-Market Firms
Visa: Working Capital Strategies Best at Top-Performing Middle-Market Firms
March 07, 2024  |  VISA

A strategic, forward-thinking approach to working capital helps separate top-performing middle-market firms from their peers, according to Visa. The latest release of the “2023-2024 Growth...

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Report: JPMorgan Considered ‘Company-Changing’ Discover Deal
Report: JPMorgan Considered ‘Company-Changing’ Discover Deal
March 07, 2024  |  Acquisitions

Before Capital One acquired Discover Financial last month, J.P. Morgan Chase reportedly considered its own bid. The country’s largest bank spent roughly a year exploring...

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NYCB Announces $1 Billion Equity Investment, Leadership Changes
NYCB Announces $1 Billion Equity Investment, Leadership Changes
March 06, 2024  |  Investments

New York Community Bancorp (NYCB) announced a $1 billion equity investment and several leadership changes. The new investment comes from several sources, the lender said in...

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FLEETCOR Invests in Zapay, Expands Vehicle Payments Business in Brazil
FLEETCOR Invests in Zapay, Expands Vehicle Payments Business in Brazil
March 06, 2024  |  Transportation

Business payments company FLEETCOR Technologies has closed a majority investment in Brazilian vehicle payments company Zapay. This investment further scales FLEETCOR’s Vehicle Payments business in Brazil, providing access...

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Wholesale Inventories Dropped 0.3% in January, More Than Expected
Wholesale Inventories Dropped 0.3% in January, More Than Expected
March 06, 2024  |  Economy

The U.S. Census Bureau revised its wholesale inventories estimate for January downward Wednesday (March 6). Total inventories dipped 0.3% in January compared with December 2023, rather than...

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Leonteq Says It’s Not Aware of French Regulators Reporting Irregularities
Leonteq Says It’s Not Aware of French Regulators Reporting Irregularities
March 06, 2024  |  Regulation

Swiss-listed investment services company Leonteq said Wednesday (March 6) it was unaware that French regulators told prosecutors of possible irregularities at the firm.  The firm told...

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