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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Digital apps drive 53% of cross-border transfers in key remittance zones, while one in 10 users move cash across borders in person, according to a Visa survey of 14,000 consumers.
March 21 -
Finzly was among the first fintechs to offer banks an API link to the Fed's instant-payments pilot last month, helping the firm hone its capabilities.
March 17 -
NatWest joins U.K. banks in limiting crypto, Mastercard teams with fintech in the UAE, and more.
March 15 -
FutureCard, which originally resisted offering a physical card, is adding a recycled-plastic version to reach a wider audience.
March 15 -
The major payment card networks are "pausing" the rollout of a new merchant category code to identify purchases at stores that sell guns and ammunition, following pushback from lawmakers in Florida and elsewhere.
March 9 -
The pandemic's push to expand contactless mass-transit payments has produced a 120% increase in Discover's transit transactions since 2020 as more commuters opt for the pay-as-you-go approach versus prepaying.
March 9 -
The bank has agreed to acquire Big Data Healthcare, a Texan fintech that automates commercial payments flowing to and from hospitals and medical groups. It's the latest example of banks' deepening health care investments.
March 8 -
This week's global news roundup includes Apple Pay securing a lingering holdout; a CBDC project that targets FX rates, and more.
March 8 -
After a three-decade climb up the corporate ladder, Reda took on her most daunting task yet: launching the card network's new consumer banking unit.
March 7 -
This year's Most Influential Women in Payments honorees are uniquely positioned to make the most of disruptive factors such as the advancement of artificial intelligence, central bank digital currencies and real-time payments.
March 7 -
New research from the Consumer Financial Protection Bureau indicates consumers relying on BNPL loans are much more likely to use payday and pawn loans, revolve credit card balances and overdraw their bank accounts.
March 2 -
The banks that own Zelle face long odds in displacing Apple Pay and Google Pay, but the effort could help build the infrastructure for a new account-to-account payment system, some experts say.
March 2 -
This week's global news roundup include Canada's crackdown on crypto operators, Westpac's cloud project and more.
March 1 -
The London fintech now allows users to send funds across borders to new payees without sharing sensitive bank account details.
February 28 -
As firms like Klarna and Sezzle attempt to reach profitability, fintechs that offer point-of-sale financing brace for consolidation, regulation and other drastic changes to their market.
February 28 -
The online lending marketplace is teaming up with Upgrade on a card that operates like a fixed-rate loan, in a move to turn around multiple quarters of disappointing financial results.
February 27 -
A pair of payments startups are getting strong traction with products that can be used to counter a recent slump in charitable giving.
February 23 -
CBDC tests in Japan, real-time payments in Singapore and India, and more. Here's what's happening around the world.
February 22 -
A new credit union service organization uses Prizeout's technology to incentivize members to buy gift cards from local stores.
February 21 -
To speed up customers' access to new and replacement cards, the Virginia-based bank created a process to provide a digital card number via the web or its mobile app.
February 17
