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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Splitit has partnered with Magento, the open-source e-commerce platform, enabling merchants to integrate Splitit’s monthly credit payment option into their checkout processes.
April 3 -
Total System Services' prepaid unit, Netspend, will pay consumers who bought its cards up to $53 million to resolve a Federal Trade Commission suit alleging that the company misled consumers about accessing funds.
April 3 -
Today, less than 10% of all gift cards sold in the U.S. are digital. That could start to change, as the industry's heavy hitters break down the walls between their plastic and digital gift card operations to spur global growth.
April 3 -
Artificial intelligence is steadily making its way through the payments and financial services world. The technology's usefulness for fraud detection is clear, but there are other areas where AI can have an impact.
March 31 -
Samsung Pay will join the online payment options for Visa Checkout users through a new partnership between the South Korean company and U.S.-based Visa, underscoring the fluidity of mobile wallets.
March 30 -
Wells Fargo & Co. is expanding its ExpressSend remittance payout network in India to include Axis Bank and, beginning next month, expanding a free-transfer promotion previously available only for those sending at least $500.
March 30 -
Germany's Wirecard is expanding again through the acquisition of MyGate Communications, a small but fast-growing payment services provider based in Cape Town, South Africa.
March 30 -
It's well accepted that the earliest version of 3-D Secure was off-putting to merchants and consumers who didn't like how it added friction to the checkout process in the interest of online security. The new version of 3-D Secure wants to avoid the same pitfall, and merchants are cautiously optimistic.
March 30 -
The next phase of India’s national digital payments initiative begins next month when 20 banks launch Aadhaar Pay, an app enabling merchants to accept payments on smartphones from consumers using biometric authentication.
March 29 -
U.S. restaurants' EMV migration has lagged behind other retail categories for several reasons, including the hassles of replacing centralized payment systems with pay-at-the-table routines that chip cards often require. But another reason: Restaurateurs have other priorities.
March 29
