The payments and financial technology world is moving ahead at high speed. But an acquirer may feel like the only one on the road obeying the speed limit while other companies zoom ahead.

Despite the rapid pace of innovation, it has been "very rare to see breakthrough strategies in acquiring," said Marc Abbey, principal at First Annapolis Consulting Inc. "I've been doing this 25 years, and I have seen maybe a few during that time," Abbey said during a presentation at last week's Midwest Acquirers Association conference in Cleveland.

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