U.S. Bank introduced a new tool enabling clients to "monitor 100 percent of their corporate card transactions to identify and minimize misuse and abuse"

, according to a company statement. The tool includes a "rules-oriented monitoring engine" and alert emails sent to those who monitor expenses. "It can cost hundreds of thousands of dollars to manually audit transactions for misuse, and audit sample sizes typically cover only 20 percent of an organization's transactions," according to senior vice president of strategy and product Kurt Adams. The new U.S. Bank Payment Analytics tool "catches problems before they show up on the monthly statement."