PYMNTS
FEBRUARY 6, 2019
Fleet payments company FLEETCOR is facing criticism over fees associated with its fleet cards, according to reports in Bloomberg last week, which small businesses (SMBs) say are too high. The issue mirrors the debate over payroll card fees, and raises new concerns over fees linked to card products for businesses, including interchange fees.
PYMNTS
AUGUST 23, 2018
Darden Restaurants announced Wednesday (August 23) that the data on 567,000 payment card numbers may have been exposed. The company said payment card information — including card numbers — from visitors who went to the restaurants from Nov. 3, 2017, through Jan. 2 2018 may have been affected.
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PYMNTS
FEBRUARY 1, 2021
From commercial card misuse to invoice fraud, internal employees can be the bad actors, too. 727,000 was defrauded from a Missouri trucking company in an employee expense scam , reports in FreightWaves said. At the same time, as this week's B2B Data Digest reveals, fraud can come from many sources, not only outside of the enterprise.
PYMNTS
SEPTEMBER 29, 2020
The giant eCommerce website can now connect a stored credit card with a palm print. CNN reports Amazon has introduced the latest touchless way to pay at checkout. Dubbed Amazon One, the method allows users to pay with the palm of their hand at some of its stores. Instead, he said, the palm images are encrypted and stored online.
PYMNTS
JULY 8, 2020
Missouri-based First Bank will now be using Autobooks to help clients such as small- to medium-sized businesses (SMBs) boost their banking experiences, according to a press release. Among the new features will be the ability for customers to get paid at a distance and monitor cash flow in real time, the release states.
American Banker
AUGUST 10, 2023
UMB Financial hired an outside company to provide customer service in connection with some of its credit cards and debit cards. In a lawsuit, the Missouri bank alleges that the vendor suddenly stopped performing its duties, and that the bank's own employees had to step into the void.
CFPB Monitor
SEPTEMBER 24, 2020
Chase Card Funding, LLC held that the National Bank Act (NBA) preempted the plaintiff’s claims that the interest charged on his credit card account violated New York usury law. The named plaintiff was the holder of a credit card issued by JPMorgan Chase Bank, N.A. 3d 919 (8th Cir.
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