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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By partnering with the London-based fintech, Andrews Federal Credit Union will enable members to send transfers to 80 countries.
October 13 -
The feature, which was years in the making, allows Amex cardholders to link their accounts to PayPal without leaving the issuer's app.
October 7 -
Card issuers are lobbying Visa behind the scenes to reduce Apple's share of revenue from recurring transactions made on its devices. But the iPhone maker has a track record of warding off threats to its income.
October 7 -
Although 2020 was a tough year for the credit card industry, the payment services initiatives Offereins led produced a 29% increase in Pulse’s e-commerce transactions over 2019.
October 6 -
Executives from banks, credit unions, card issuers and investment firms at American Banker's Card Forum discussed ways the public's embrace of digital transactions and credit alternatives like buy now/pay later is shaping everything from products to business strategies.
By Daniel WolfeOctober 5 -
By limiting the credit offered to new borrowers during the pandemic, banks created an opening for installment lenders like Affirm, Afterpay and Klarna.
October 1 -
Using data aggregation subsidiary Finicity, the card network will allow its bank and credit union partners to offer installment loans directly to consumers, who can repay from checking and savings accounts.
September 28 -
More than a third of installment borrowers are delinquent, according to new research. Fintechs and the banks that are following them into the market are willing to tolerate the credit risk — for now — because of BNPL’s rapid growth and the fee income from merchants.
September 17 -
In buying Neustar, the credit bureau will gain new fraud-monitoring capabilities to complement earlier acquisitions.
September 13 - PSO content
The acquisition will give the card network tools to spot fraud in crypto and blockchain.
September 10