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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Time has run out for knuckle-busters, the clunky contraptions merchants needed for decades to accept card transactions, but their legacythe raised characters embossed on payment cardsis proving difficult to stamp out.
April 7 -
Visa Inc. recently established a 12-year lifecycle for EMV chips in payment cards, and CPI Card Group is among the first card manufacturers to enact the new policy, eliminating the need for issuers to get EMV chips in Visa cards approved every three years.
April 6 -
When Starbucks new loyalty program rules go into effect this month, it will set the stage for a wave of new payments innovations with intriguing benefits for the coffee giant and its payments processing partner, JPMorgan Chase.
April 4 -
More than two-thirds of all U.S.-issued MasterCard consumer credit cards are now chip-enabled and the number of merchants accepting EMV transactions continues to climb, MasterCard said March 31.
April 1 -
Sweden-based Klarna has racked up solid success in Europe over the past several years with its buy-now, pay-later online retail services, but to crack the U.S. market it's going back to the laboratory.
March 31 -
Bank of America now enables customers to directly enroll credit and debit cards in Visa Checkout within the banks online portal, simplifying the signup process for Visas streamlined e-commerce checkout service, the bank said March 30.
March 30 -
Fallout from widespread data breaches hurts many payment industry sectors, but this year's tax-filing season brings fresh pain for the prepaid card industry, with new details out connecting prepaid cards with some of last year's biggest tax refund fraud busts.
March 28 -
Many moons after the U.S. payment industry adopted a largely chip-and-signature approach to EMV instead of chip-and-PIN security thats standard elsewhere, rising merchant chargebacks are leading some to question the wisdom of PIN-free payments.
March 22 -
Samsung is fond of using cash rewards to drive Samsung Pay signups, offering consumers $25 to $100 in recent months for enrolling a payment card in the handset maker's mobile wallet. But that strategy is not a fit for all card issuers, according to the fine print in the latest Samsung Pay promotion.
March 21 -
As the white-label force behind a growing number of mobile wallets in Asia, Latin America and Europe, Mozido LLC is familiar with the limitations of building consumer awareness and usage through relatively narrow channels.
March 18