US bank in Dubai killing ties cards to partner

macedoniaonline.eu...

The U.S. bank linked by Dubai police to the slaying of a top Hamas commander said Wednesday that prepaid credit cards allegedly used by the hit team were provided through a partner company, and that the bank's own procedures did not flag the card users as suspicious.

Authorities in Dubai had earlier tied MetaBank to its partner Payoneer Inc., though neither police nor the companies had clarified the relationship or described how the alleged assassins acquired the cards. Payoneer works with MetaBank to provide credit cards that employers can top up to pay their employees.

MetaBank, part of Storm Lake, Iowa-based Meta Financial Group Inc., said in an emailed statement Wednesday that the cards police say were involved in the Dubai killing were issued through that employee payment program, not through one of its retail bank branches.


Funds were then loaded onto those cards by outside companies "using direct deposit for payroll, disbursements, and other compensation," the bank said.

Which companies uploaded the monies? Looks like they are getting closer to who funds these things.