Car IQ’s system eliminates card swipes at gas stations. But the greater benefit may be the reduction in unused cards, fraud, and fees — as well as the streamlining of payment processing across multiple merchants, municipalities, and toll authorities.
Hertz Misses Lease Payment
In an SEC filing, Hertz disclosed it has missed lease payments. Some lenders have been supportive, while others have not yet offered “sufficient support for the required waivers.”