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.
-
Payments technology conglomerate WEX has agreed to buy two companies — B2B travel payment operator eNett and B2B payment specialist Optal — for $1.7 billion.
January 24 -
Tink, a Swedish fintech that developed an open banking platform used by 2,500 European banks, has secured $100 million in funding from various investors.
January 22 -
Plaid may be a more problematic acquisition than Visa made it out to be. But without Visa, those problems were likely to get a lot worse.
January 16 -
Fearful of being the last one standing, banks and credit unions of all sizes will become more aggressive about real-time payments — or risk getting left in the past.
January 16 -
Shopify has provided merchant cash advance services for the last three years for established online retailers, but newcomers with no transaction history typically were turned away.
January 14 -
The recent explosion of online shopping tools pointing users to the lowest prices for items — particularly on Amazon — appears to be making the e-commerce giant nervous.
January 10 -
Comerica will continue to handle the U.S. Treasury’s Direct Express prepaid card program, beating out other banks for the third time since the program launched in 2008, despite a high-profile glitch in 2018 that drew lawmakers’ scrutiny.
January 7 -
One of the biggest untapped areas of payment innovation is in consumer bill payment, which makes up 30% of U.S. consumer spending, with banks currently playing a shrinking role in the $4 trillion segment.
January 3 -
In its proposal to obtain one of the full digital banking licenses Singapore will award later this year, online gaming company Razer has laid out the gaps between what traditional banks offer and young adults need.
January 2 -
Pakistan’s central government is using its post offices to follow through on an initiative to ease electronic funds movement for remote workers sending money home.
December 26
