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
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. million was stolen by a National Australia Bank (NAB) ex-employee in an invoice scam , reports in ABC.net said.
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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. May Department Stores , 218 F.3d 3d 919 (8th Cir.
Perficient
JULY 11, 2022
Afterpay does not perform a hard credit check on users, but it can still affect credit if users have a credit card as the form of payment connected to their Afterpay account or if they fail to pay back their loans. Notable merchant partners include Best Buy, Home Depot, and Target.
CFPB Monitor
APRIL 3, 2017
The CFPB has issued its March 2017 complaint report that highlights credit card complaints. to 1:00 p.m.ET, Ballard Spahr will hold a webinar, “The CFPB’s Consumer Credit Card Market RFI and Other Important Recent Credit Card Developments.” On April 13, 2017, from 12:00 p.m.
PYMNTS
OCTOBER 6, 2016
and Visa and debit cards for Desjardins shoppers in Canada. City National Bank of Colorado City. First Bank of Missouri. First Community National Bank. First National Bank (IA). First National Bank (MN). First National Bank (SD). Citizens Bank of Kentucky. Citizens State Bank of Paola.
PYMNTS
APRIL 18, 2016
Three months later – well into pilot programs in Kansas, Arkansas and Missouri and less than 6 weeks before the national rollout is set to start in June, the conversation has shifted to customer service, eCommerce and how well Walmart has prepared to step into the digital arena and fight for dominance.
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