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Big Tech Companies Throw Support Behind Fed Creating Real-Time Payments Network

PYMNTS

The letter, noted the report, was in response to a request for comment from the Federal Reserve about what its role should be in driving faster payments. The tech giants pointed to the fact that the Fed already plays the central role for checks and wire transfers.

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FTC: FLEETCOR Billed Clients Hidden Charges

PYMNTS

FLEETCOR did not immediately respond to a request for comment to Yahoo Finance. There are also fees if the fleet cards go unused and fees connected to paying card bills via wire transfer. The agency said that tens of thousands of clients had sent in complaints to the Better Business Bureau and/or government bodies.

FTC