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.
- PSO content
Many BNPL lenders can credit their meteoric rise to the unique circumstances of the pandemic. As their market shifts, these companies are forced to find new avenues of growth under the increased scrutiny of the Consumer Financial Protection Bureau.
September 1 -
The hotel franchise can now integrate directly with U.S. employers for invoicing and payment, allowing it to bundle multiple stays and reduce overall costs of managing card acceptance.
August 30 - PSO content
More than 30,000 of the bank's customers have already updated their credit cards to show their chosen name instead of their legal name, and the bank expects a similar response from debit card users.
August 29 -
The late-payment rate for the company's buy now/pay later loans rose above 2% for the first time this year in July and August, and CEO Max Levchin says a downturn is "more than likely."
August 26 -
Affirm must demonstrate it can maintain healthy loan growth to regain investor confidence when reporting earnings results Thursday, while Klarna unveils results next week.
August 25 -
GiveCard is working with the digital card-issuance platform Highnote to improve the ways organizations can deliver and track donations to recipients such as homeless teens and women in crisis.
August 24 -
Rising global e-commerce transaction volume is creating an opportunity to expand the options for cross-border payments from businesses to consumers.
August 22 -
Millions of Americans have trouble accessing low-cost loans because they have thin or problematic credit histories. That could change as fintech innovations and new self-reporting tools give lenders troves of new data.
August 16 -
Through this collaboration, Amex will offer loyalty options through new channels to boost payment volume.
August 16 -
Payrailz created its own bill payment technology and a peer-to-peer product for smaller banks wary of Zelle, but Jack Henry can scale it faster by absorbing the Connecticut-based fintech.
August 15