UMB Financial Corp., a Kansas City-based financial services holding company (Nasdaq: UMBF), formed a partnership with a Visa subsidiary called Fraedom, which will lead to development of new technology for helping its business clients deal with expense card management.
The partnership will launch new programs in several phases. The first phase involves migrating UMB's commercial card customers onto Fraedom’s advanced card technology platform, which will offer an improved experience and enhanced…