American banks are emerging from one of the most challenging decades for any industry in history, and one area that is showing a potential way forward is payments.
Fuel card issuers in recent years have consolidated operations through acquisitions. Norcross, Ga.-based Fleetcor in 2014 purchased Comdata for $3.45 billion, and WEX in 2012 bought Fleet One. more »
If there is a takeaway from Citigroup's not-quite-stellar rollout of the Costco Anywhere Visa card, it is this: Even in modern times, the transition of large card portfolios from one issuer to another can prove disastrously complex. more »
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