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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U.K. supermarket giant Tesco has long supported Apple Pay at its contactless-enabled checkout locations, and now it also supports mobile payments through a proprietary app it’s rolled out to its nearly 7,000 stores.
January 23 -
Credit card issuers usually reserve their richest rewards for customers at the higher end who are willing to pay steep annual fees. But a recent surge in credit card rewards deals targeting mainstream consumers signals a key strategy shift for issuers.
January 23 -
The company is approaching kiosks and other unstaffed payment terminals, which have lagged behind in the chip migration and in some cases are using NFC payments to bypass chips entirely.
January 23 -
The new approach is designed to make is possible for issuers to react speed their reaction to online fraud.
January 20 -
BBVA Compass has renewed its long-term payment services agreement with TSYS for processing consumer, commercial and small-business credit cards.
January 19 -
Mastercard has announced a partnership with billionaire investor George Soros to work on a for-profit humanitarian project called Humanity Ventures that could bring aid to migrants and refugees around the world.
January 19 -
Mastercard’s $920 million acquisition of VocaLink hasn’t cleared all the regulatory hurdles yet, but it’s closer to the finish line now that the U.K. Competition and Markets Authority (CMA) has said it will consider a strategic solution Mastercard has proposed to offset potential threats to competition.
January 18 -
Achieving the coveted “top of wallet” status is tough for banks, not least because their own credit and debit cards often compete with one another for priority status with the same customers.
January 18 -
The U.K.’s Competition and Markets Authority (CMA) is on the verge of announcing its decision in its regulatory review of Mastercard’s acquisition of VocaLink, the London-based agency said.
January 17 -
German car maker Daimler AG has acquired PayCash Europe SA as part of its plans for a broad range of new vehicle-related mobile payment services dubbed “Mercedes Pay," in the latest deal linking automobile manufacturers with payment providers.
January 17
