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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Credit card issuers wanting to improve profitability in the wake of the recession could get better results by looking more closely at their own fraud cases to determine what type of fraud criminals are perpetrating, new research from Experian PLC suggests.
July 22 -
Analysts question effectiveness of the card, but note it could be just a first step into more credit offerings.
July 21 -
As potential buyers kick the tires of a few big credit card portfolios on the block, the issuers' private-label card operations for the first time in years could be an advantage, instead of a drag, thanks to changes in the economy and in industry regulations.
July 13 -
Consumers' rising revolving credit may mean the pullback in consumer lending is easing, but an analyst warns against drawing too many conclusions from the recent data.
July 12 -
In a move that seems to parallel U.S. policies, a consortium of top French banks has agreed to cut debit card interchange rates inside the nation's borders by as much as 36% in response to a price-fixing investigation by a government agency.
July 8 -
In a move that seems to parallel U.S. policies, a consortium of top French banks has agreed to cut debit card interchange rates inside the nation's borders by as much as 36% in response to a price-fixing investigation by a government agency.
July 8 -
Consumer credit card growth, which has been on the decline for about three years, could be showing signs of life again, according to data from Equifax Inc.
July 6 -
American Express Co. has made sponsorship deals designating its brand as the official card of two major entertainment venues and three professional teams, the company announced June 30.
July 5 -
Banks and retailers are no longer fearful of the changing payments landscape, but they are still struggling to find their place in it. A report from Card Forum.
July 1 -
In its first major play to connect its mobile-payments service with social media, Starbucks Coffee Co. now lets its mobile payment users send gift cards to friends on Facebook.
June 30 -
In a move to strengthen relationships with its multinational customers, U.S. Bancorp's subsidiary Elavon Financial Services Ltd. soon will begin issuing commercial cards in Europe through a new processing agreement with Total System Services Inc.
June 29 -
Experian's Costa Mesa, Calif., subsidiary plans to unveil on June 30 Precise ID Customer Management, an add-on to an existing fraud detection service to help issuers analyze existing cardholders' accounts for new types of fraud risk long after an account is opened.
June 27 -
More consumers plan to use credit card rewards for travel compared with last year, and hotels are the most-popular option for rewards redemption among travelers, according to a survey BigResearch conducted for Capital One Financial Corp.
June 24 -
Joining the growing raft of processors offering advanced data-encryption services to help protect card data at the point of sale, Elavon Inc. has introduced a portfolio of products and services it calls Safe-T Suite.
June 21 -
As credit card use slows in certain sectors because of tightened budgets and risk avoidance, many issuers may find they lack consistent retention strategies, according to a study from Celent LLC.
June 20 -
Many young adults feel empowered — not ashamed — by credit card and student loan debt, according to a national study by a team of sociology researchers.
June 17 -
Many young adults feel empowered — not ashamed — by credit card and student loan debt, according to a national study by a team of sociology researchers.
June 17 -
JPMorgan Chase will roll out a second card with an EMV chip on Friday, expanding its target audience for the technology beyond just the elite international business travelers.
June 16 -
Intuit Inc. says momentum in mobile payments sparked by Google Inc. and the carrier venture Isis has boosted its own mobile banking business.
June 16 -
More banks are likely to follow in Regions Financial Corp.'s footsteps and bring their credit card portfolios back in-house as the worst of the recession's damage recedes and they look to increase revenue.
June 10