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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Wirecard AG has agreed to buy Citigroups institutional prepaid card business, giving Germany-based Wirecard its first market foothold in North America.
June 29 -
Wirecard AG has agreed to buy Citigroups institutional prepaid card business, giving Germany-based Wirecard its first market foothold in North America.
June 29 -
With the rise of global e-commerce, small and midsize companies are pressured to streamline the way they handle increasingly diverse types of payments.
June 29 -
Big banks like Canadas RBC, Capital One and Wells Fargo are pouring resources into proprietary NFC-based digital wallets to outflank third parties like Apple, Samsung and Android and regain top-of-wallet status.
June 28 -
The market for one-touch home supply-ordering services like Amazon Dash is heating up, and forecasters say its not just homes, but offices and organizations that could fuel growth, from a surge in smart buildings wired with devices to order items with the push of a button.
June 23 -
Early Warning's clearXchange is starting to show the bank-led network's potential to catalyze faster processing, and now the enterprise is also executing on its broader goal to power other products beyond person-to-person transfers.
June 23 -
Early Warning's clearXchange is starting to show the bank-led network's potential to catalyze faster processing, and now the enterprise is also executing on its broader goal to power other products beyond person-to-person transfers.
June 23 -
Bank of America is betting on consumers future intentions over their current actions when it comes to building its digital wallet strategy.
June 21 -
South African mobile payments provider iKhokha, which launched its Edge mobile card reader two years ago, this month introduced merchant cash advance services for retailers using its app for smartphones and tablets.
June 20 -
Prepaid cards for teens that were touted as a way to teach financial responsibility by enabling parents to share control and set spending limits, are becoming scarcer.
June 20 -
Though Apple Pay hasnt lit the world on fire since its launch in October 2014, Apples dominant role in mobile e-commerce means its mobile wallet still has the power to hurt payment industry rivals, analysts say.
June 13 -
Mere days after pressuring Visa to scrap plans for a fee that would allegedly would penalize issuers for shifting volume to other card networks, Sen. Dick Durbin, D-Ill., went after MasterCard about a different fee.
June 10 -
The news that Shell Oil has agreed to accept Chase Pay at more than 6,000 gas stations couldnt have come at a more interesting moment.
June 10 -
The news that Shell Oil has agreed to accept Chase Pay at more than 6,000 gas stations couldnt have come at a more interesting moment.
June 9 -
China has officially opened its doors to payment companies from beyond its borders, this week unveiling the formal rules for foreign companies applying for bank-clearing privileges.
June 8 -
Consumers enrolled in the CurrentC mobile wallet in Columbus, Ohio will be cut off after June 28 when the year-long pilot conducted by Merchant Customer Exchange (MCX) ends.
June 8 -
Verifone is taking a scalpel to its business after seeing soft results during its second fiscal quarter, enacting a plan to cut 5% of its personnel and look for opportunities to jettison older, underperforming parts of its business.
June 8 -
Globe Telecom, the Philippines' largest wireless carrier, has formed a partnership for carrier billing with Fortumo, enabling its mobile phone customers to bill digital purchases to their monthly wireless statement.
June 7 -
Oberthur Technologies has teamed with Chinese smartwatch maker Mobvoi and China UnionPay (CUP), to add contactless payments technology to Mobvois popular Ticwatch.
June 6 -
Months after announcing plans to launch Apple Pay, Yum Brands Kentucky Fried Chicken this week said its enabling the mobile walletalong with Android Pay and Samsung Pay at the same time.
June 3