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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Visa Inc.'s debit card payment volume declined again during the quarter ended June 30 as a result of a new debit network routing rule, but the worst effects of that trend are over, according to Visa CEO Joe Saunders.
July 26 -
The heat is on for prepaid debit card marketers to match one another on certain key services and features as competition between providers escalates.
July 26 -
JPMorgan Chase's Disney debit rewards card was one of many that banks eliminated after regulation led to a slash in debit interchange revenue. Now the card is making a comeback — with a few changes.
July 25 -
Wal-Mart and Target have vocally opposed the card networks' proposed multi-billion dollar interchange fee settlement, but even these giants may not have the influence to spike the agreement.
July 24 -
Mobile wallet rivals will need to put their differences aside and work together to get the technology off the ground, a recent paper says.
July 24 -
Kmart's new reloadable prepaid debit card will do double duty for both the mega-retailer and Green Dot Corp., which provides the card.
July 18 -
Most merchants dread the idea of surcharging consumers at the point of sale, even if Visa and MasterCard are giving them explicit permission in a proposed legal settlement. But the option could prove valuable to merchants as they negotiate new contracts.
July 16 -
Neiman Marcus Inc.'s exclusive credit card acceptance policies are no more.
July 16 -
Merchants and card issuers weighing the cost of investing in Near Field Communication technology have a lot riding on the success or failure of the Isis mobile-payments test set to launch soon.
July 13 -
Rewards have become as vital as ever in recruiting and keeping cardholders. But that could become problematic if issuers are forced to cut rewards programs to offset costs.
July 12 -
Kids' school lunch money has become a new payments-industry battleground.
July 12 -
A France-based firm that certifies handsets for Near Field Communication payment applications is betting heavily on the technology becoming the dominant mobile-payment standard.
July 11 -
Architects of the emerging mobile-payments industry may not have bargained on potentially significant regulations some legal experts are envisioning for it.
July 10 -
The tom-toms are beating louder for action among issuers, merchants and processors in the U.S. migration to EMV smart card technology.
July 9 -
Heartland Payment Systems Inc. has landed another school-meals payment player, further boosting its market share in the educational foodservice arena.
July 9 -
At first, Google seemed to have all of the necessary ingredients for a mobile wallet and Isis had the uphill climb of convincing banks to agree to a system designed by a group of telcos. Isis now has several top banks firmly behind it, but it faces many challenges as well.
July 9 -
ATM industry players are reluctant to embrace the EMV secure card standard, according to a survey from the ATM Industry Association.
July 6 -
As Facebook and Google work to become trusted names in payments, fraudsters are quick to exploit that trust.
July 6 -
Despite warnings from a few years ago that issuers would react to new regulations with higher annual card fees, most did not.
July 5 -
Private-label credit card portfolios haven't looked so healthy in years, at least in terms of credit quality.
July 3