Kate Fitzgerald

Mastercard has developed a service called Threat Scan to help card issuers get ahead of fraudsters by running scans on their card authorization systems based on the latest evolving global card scams.

How PayPal obtained a payments license to operate in China — an achievement that’s long frustrated the biggest U.S. banks and payments networks — sheds light on the unique challenges of breaking into the world’s biggest payments market.

When health care executive Raj Rajamannar joined Mastercard as marketing chief six years ago, his background at Humana and WellPoint hinted at a different perspective.

Mastercard signaled a new direction for corporate payments when it bought VocaLink a few years ago, and the company’s emerging vision for a B2B payments network suggests a new challenge for its commercial cards business.

Visa has launched an online portal for fintechs to explore payments technology and find resources such as shortcuts to applying for fintech licenses.

PayPal must pay a fine to the U.K.’s top financial watchdog for failing to keep its operations completely separate from iZettle while authorities investigated competitive effects of PayPal's purchase of the Sweden-based mobile POS provider.

Fair Isaac Corp. has added a platform alongside its 25-year-old FICO Falcon fraud-detection solution for credit and debit cards that aims to ferret out risky and fraudulent real-time payments.

Infosys has joined Visa B2B Connect, a four-month old Visa hub that cuts indirect processes and intermediaries out of global business transactions.

TouchBistro, an iPad-based restaurant order-and-payment system, has reaped $120 million in a new funding round led by Canadian pension fund Omers, with JPMorgan Chase, Barclays, BMO Capital Partners also participating.

Arguing more work is needed in the wake of new security protocols, Nets will team with KPMG to jointly develop machine learning-powered fraud monitoring and prevention.

To eke out growth in the mature payments terminal market, Square is taking its newest NFC-enabled hardware to markets outside the U.S. with heavy contactless card penetration, where some merchants are likely to be behind the technology curve.

Months after retooling its Amazon Go store checkout process to accommodate customers who prefer to pay with cash, the e-commerce giant had added a way for consumers to pay for Amazon e-commerce purchases with cash at U.S. Western Union outlets.

Travelex is rolling out a suite of B2B payment services through a new API-based platform and sandbox.

Plaid, the San Francisco-based financial technology infrastructure provider, has received strategic investments from Mastercard and Visa as part of a $250 million round of funding. Plaid did not disclose the two networks' specific investments.

As anti-money laundering requirements tighten in many jurisdictions, financial institutions and fraud prevention platforms are ditching legacy AML solutions for newer technology — but alternatives aren’t easy to come by yet.

In response to rising concern about the environment, American Express has redesigned its classic Green Card to contain recycled plastic gathered from the ocean.

Merchants won an extension to comply with PSD2’s new customer authentication rules, but as new rules for issuers go into effect next week, TSYS is rolling out tools that aim to do double duty.

Apple keeps sweetening the deal for prospective Apple Card users, with Walgreens the latest to offer cash-back rewards.

The prevalence of payment cards, against the growing awareness of climate change, is driving some card issuers and manufacturers to revisit the way they use plastic.

FIS has partnered with ControlScan to give its growing number of payment facilitators’ “sub-merchants” a streamlined path to comply with the Payment Card Industry Data Security Standard.