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 Kate Fitzgerald and Kevin WoodwardJune 19 -
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Approximately 70% of Mexico’s estimated population of 109 million is unbanked, operating in an informal, cash-based economy with no participation in savings or credit products. But a new crop of financial-services providers led by retailers is working to change the landscape by offering credit and debit cards to these typically lower-income consumers.
March 1 - PSO content
The rise of new, customizable business-to-business payment networks could help speed the sluggish migration of corporate payments from legacy paper-based checks and invoices to more-efficient electronic payment platforms.
March 1 - PSO content
Proposed rules introduced recently by the United States government to enforce the 2-year-old Unlawful Internet Gambling Enforcement Act of 2006 would place responsibility on banks, card issuers, processors and card networks to block U.S. participation in the estimated $13 billion worldwide online gambling industry.
February 1 - PSO content
Health care-benefits programs in the United States that enable consumers to use debit cards to access flexible spending and health reimbursement accounts got a boost this year from a new requirement that affects the way retailers handle payments for health care purchases. Consumers with health savings accounts tied to debit cards indirectly will benefit from the change.
February 1 - PSO content
A new era began for the European payments industry in January, as the Single Euro Payments Area initiative commenced to link the European Union’s many fragmented national payment systems into a zone where payments flow seamlessly across countries’ borders.
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