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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Little-noticed during India’s cash-crunch late last year — triggered by the government’s demonetization of about 80% of its currency — was Samsung Pay quietly testing the waters in India with an eye to opening up vital new digital payment options in a nation that relies heavily on cash for everyday transactions.
February 6 -
Digital goods have long been a staple of e-commerce, but many consumers are still not accustomed to using digital wallets to buy low-ticket items. Mastercard hopes to change that by dangling in-store and online deals this month with a live promotion tied to TV's Grammy Awards.
February 6 -
Green Dot Corp.’s move to buy UniRush, the biggest independent prepaid marketer in a steadily consolidating industry, is the latest sign that remaining stalwarts with reloadable cards will need to look in new directions for growth as acquisition targets dwindle.
February 6 -
The first smartwatch in Google's Android Wear lineup supporting NFC payments will soon be available from South Korea’s LG, according to reports.
February 3 -
Any Costco credit card customers befuddled by the fact that they’ve got a state-of-the-art contactless-enabled EMV card in their wallet — and yet Costco itself doesn't accept EMV in stores — may soon see that disconnect end.
February 3 -
The U.K.’s Barclaycard and VocaLink are joining forces to roll out Pay by Bank, an app enabling Barclaycard customers to make purchases on a mobile device without entering payment card details.
February 3 -
The National Bank of Abu Dhabi (NBAD) has introduced real-time payments leveraging blockchain technology from Ripple, providing a new approach for the bank’s UAE-based customers to send and receive payments across borders.
February 3 -
Spark ATM expects the deal will help expand services offered to local banks and retailers in South Africa and other markets in the region.
February 1 -
The initiative would add payments to the country's national identity system, but the government wants more time to review Mastercard's proposal.
January 31 -
The bank's next big challenge is to find a place where the emerging technology best fits its needs.
January 31