TheTrucker.com

Location-based authorization service designed to combat fleet fuel fraud

Reading Time: < 1 minute
Location-based authorization service designed to combat fleet fuel fraud
A new authorization feature allows fleets using Comdata’s fuel payment system to help guard against misuse of fuel cards.

BRENTWOOD, Tenn. — Comdata Inc., a provider of payment solutions has launched the next generation of enhanced authorization controls, a digital solution designed to help prevent fuel fraud in the fleet industry. The system now combines real-time truck location, tank capacity and tank level data into the fuel card authorization process to help prevent financial losses related to card fraud and driver theft.

“The trucking industry is especially vulnerable to fraud at the pump, costing businesses millions of dollars each year,” said Eric Dowdell, president of North America trucking for Comdata. “Our enhanced authorization system is reliable and trusted, and we look forward to enhancing these capabilities over time to help meet the evolving needs of our customers.”

The new authorization feature makes the “invisible, visible” to fleet managers by integrating real-time GPS/ELD vehicle location, merchant location and vehicle diagnostic data seamlessly with Comdata’s fuel card authorization platform to help detect and prevent driver misuse and fraud. Fleet managers can set customizable “decision rules” that will automatically be applied when the system is triggered by suspicious activity, such as buddy fueling, skimming, fuel theft, card counterfeiting or other illegal activity.

“Security and control is a top priority for fleet managers and our customers,” said Justin King, senior vice president of product and innovation for Comdata. “The combination of real-time data capture from the vehicle and our payment processing platform makes it that much easier for fleets to mitigate financial losses related to fraud and misuse.”

The new product feature is part of Comdata’s fuel payment system and is available to fuel card customers.

The Trucker News Staff

The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.

Avatar for The Trucker News Staff
The Trucker News Staff produces engaging content for not only TheTrucker.com, but also The Trucker Newspaper, which has been serving the trucking industry for more than 30 years. With a focus on drivers, the Trucker News Staff aims to provide relevant, objective content pertaining to the trucking segment of the transportation industry. The Trucker News Staff is based in Little Rock, Arkansas.
For over 30 years, the objective of The Trucker editorial team has been to produce content focused on truck drivers that is relevant, objective and engaging. After reading this article, feel free to leave a comment about this article or the topics covered in this article for the author or the other readers to enjoy. Let them know what you think! We always enjoy hearing from our readers.

COMMENT ON THIS ARTICLE