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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The millennial generation — defined by some as consumers 18 to 36 years old — has shifted the expectations for how banks and retailers approach payments. Here are some of the trends driven by this tech-savvy demographic.
June 2 -
As with anything high-tech, early predictions held that millennial men would be first to adopt mobile wallets. But two new research studies are casting doubt on the assumptions about the roles gender and age are playing in the mobile payments adoption curve.
June 2 -
Boston-based Flywire has made another move to diversify beyond its original cross-border tuition payments niche by acquiring Pace Invoice, a multi-currency invoicing platform enabling clients to more easily link outgoing cross-border invoices with incoming receivables.
June 1 -
Several leading banks and corporations in Spain are launching a cross-industry development platform called Red Lyra, leveraging blockchain technology to streamline the creation of services that use digital identities.
May 31 -
The use case for U.S. Bank’s Voyager fuel card is expanding to cover electric vehicle charging through a new partnership.
May 31 -
In the elite card sector, issuers have been aggressively honing their rewards programs and offering hefty bonuses to those who switch. It's a golden opportunity to win the long-term spending of a wealthy customer base, but only if banks can keep those customers on board after the sparkle fades from that initial offer.
May 31 -
Singapore’s Oversea-Chinese Banking Corp. (OCBC) will soon expand acceptance of its person-to-person mobile payments app to local merchants.
May 30 -
SkyShopper enables Emirates NBD’s credit and debit card customers to make purchases from retailers through a single portal.
May 26 -
The consortium joins a growing list of cross-industry groups exploring uses for distributed ledger technology.
May 26 -
The integration is designed to improve user experience for international transactions.
May 26
