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WEX Extends Fuel Card Contract With Sheetz

PYMNTS

announced a 10-year extension of its fleet fuel card contract with convenience chain retailer Sheetz, Inc., WEX supports the Private Label, Universal and Tri-Brand fleet cards available at Sheetz, which can be used to purchase gasoline at store locations. On Wednesday (Oct. 18), payment solutions company WEX, Inc.,

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Helping Couples Fall In Love With Jointly Managed Finances

PYMNTS

Transparency is one theme: 40 percent of participants in the study noted they do not fully trust their partner to manage their combined finances. Read: For Richer or Poorer: How 5 People Co-Manage Money With a Significant Other.]. “He managed to lose over 70 percent of both of their IRAs … in an up market,” Lambert says.

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Payments Fraud Rides Money Mules Into 2019

PYMNTS

Juniper Research , for example, has estimated that retailers will lose as much as $130 billion in card-not-present (CNP) fraud through 2023 — as tech gets more complex and transactions are done across borders. Thus, she had banking and credit card information. It’s no surprise that payments fraud is on the rise.

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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Petersburg, Florida-based CUSO said its Enhanced Fraud Services initiative has already helped 10 credit unions combat fraud, including chargebacks stemming from instances of members’ payment card details being stolen and sold on the dark web. It also offers participating CUs customized consulting services.

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CFPB Feb. 2016 complaint report highlights prepaid card complaints, complaints from Texas/Houston metro area consumers

CFPB Monitor

The CFPB has issued its February 2016 complaint report which highlights complaints about prepaid cards and complaints from consumers in Texas and the Houston metro area. The CFPB began taking complaints about prepaid cards in July 2014. percent of total complaints.

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Small Business Banking Targeted In Open Banking Initiatives

PYMNTS

In this week’s roundup of open banking initiatives and bank-FinTech tie-ups, PYMNTS finds a renewed push to strengthen SMB banking experiences including financing, account management and more. Agora Services To White-Label Technology. Over in the U.K., Reports in P2P Finance News said Funding Circle U.K.

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Millennial Entrepreneurs’ Optimism Is Booming — Here’s Their Top Concern

PYMNTS

The bank’s latest Small Business Forecast survey assessed 300 small businesses across California, Florida, South Carolina and North Carolina and found evidence that the younger generation of entrepreneurs has the potential for big impacts on the national economy.