Kate Fitzgerald is an Arizona-based senior editor for American Banker and longtime payments reporter. Fitzgerald began her journalism career at the San Diego Tribune, and has worked as a reporter and editor at several other publications, including Advertising Age and the Arizona Republic. She is a graduate of Lewis & Clark College and holds a master’s degree from Northwestern University’s Medill School of Journalism.
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RecargaPay, an eight-year-old mobile payments platform targeting unbanked and underbanked consumers in Brazil, has secured $22 million in funding to reach more users and merchants.
March 5 -
Ant Financial’s Alipay is working with the Canadian payments processor Motion Pay Technology to push Ant's geographic reach in North America.
March 5 -
WorldRemit has launched international remittance services in New York, one of the last big U.S. markets where it lacked a money transmitter license, positioning the company for a growth surge this year.
March 1 -
The rise of online and mobile commerce is forcing merchants to rapidly re-engineer their checkout options, while keeping an eye on emerging models that leverage artificial intelligence to streamline shopping — or bypass the store checkout process altogether, like Amazon Go.
February 28 -
In the developing world, connecting payments to the Internet of Things could have an immediate and transformative effect on people’s lives.
February 26 -
Wirecard has partnered with SES-imagotag, which makes electronic shelf-labeling systems, for a new technology enabling consumers to buy products directly from store shelves with their smartphones.
February 22 -
In Zelle’s national advertising campaign, the bank-run P-to-P network spotlights consumers paying a personal trainer, a babysitter and a neighbor. It sets an expectation that Zelle can be used like a credit card, and scammers have figured out how to exploit this trust.
February 22 -
NMI, which provides payments gateway services for resellers of payment services, has purchased U.K.-based Creditcall to expand its EMV and contactless capabilities so it can support retail, e-commerce, mobile and unattended payments through a single platform.
February 20 -
Payments processor Shift4 Payments has acquired CurvePay, an independent sales organization focused on the taxi industry, the latest in a string of recent acquisitions.
February 20 -
Many large European banks are developing their own services to comply with the data-sharing requirements of PSD2, but thousands of smaller and midsize organizations will need help, seeding the growth of startups specializing in open banking tools.
February 16