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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Under the hood, the new Masterpass ties directly to banks' own digital wallets with support for Near Field Communication-based mobile payments via Android devices and the ability to centralize features for supported cards, including balance display and purchase alerts, and support for paying with loyalty points.
July 14 -
London wants to export its popular open-loop contactless payment system for mass transit to other global cities, through a new licensing deal with Cubic Transportation Systems.
July 13 -
More than 46 million P-to-P transfers traveled over the rails of Early Warning's clearXchange during the first quarter of 2016 accounting for about $16 billion, according to the the bank-owned payments network. Its the first time the organization has released numbers quantifying the services P-to-P payments volume.
July 11 -
Spanish gasoline retailer Repsol this week augmented its Near Field Communication-based mobile payments services by launching an app enabling motorists to pay for fuel without leaving the car.
July 11 -
What's most intriguing to payments industry insiders is what Walmart left on the table when designing Walmart Pay, and what those decisions could mean for retailers and bank card issuers.
July 11 -
Barely 24 hours into his new role as CEO at RushCard, Ron Hynes has found the silver lining to the company's 2015 technical glitch that led the company to pay a $20.5 million settlement.
July 8 -
Square Inc. spent six weeks in Portland, Ore. a city with a strong existing base of micro-merchants to transform it into one of the company's top U.S. markets in total Apple Pay transactions conducted with its card readers.
July 7 -
Bokis, a consortium of 62 small- to midsize banks in Denmark, will launch an NFC-based digital wallet this fall powered by host card emulation (HCE) that will be available to all its members, according to Nets A/S, the Denmark payments technology firm heading the wallets development.
June 30 -
Consumers show no signs of broadly embracing mobile wallets, but its clear from the aggressive mobile wallet plays of huge companies like Microsoft and Walmart that laying a foundation is important.
June 30 -
Wirecard AG has agreed to buy Citigroups institutional prepaid card business, giving Germany-based Wirecard its first market foothold in North America.
June 29