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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In a twist on its Goldman Sachs-issued credit card, the technology giant will directly underwrite and hold its buy now/pay later loans through its own subsidiary, cutting out intermediaries.
June 10 -
The bank is using its dominant share of the U.S. payment card market to provide granular insights that can improve small business' marketing decisions and business management.
June 9 -
Multiple class actions claim that banks and credit unions are not doing enough to prevent scammers from exploiting the near-instant peer-to-peer payment network.
June 7 -
The California tech giant's take on pay-in-four installment loans has a top-of-wallet positioning that banks and merchants are unlikely to be able to match.
June 6 -
Bruised by recent public relations gaffes, the buy now/pay later pioneer is forging ahead with a plan to complement its installment loans with a physical Visa card.
June 3 -
Tandym, headed by a former Capital One executive, is rolling out a digital private-label credit card program that ties into sellers' loyalty programs. It has $60 million in backing from investors including Google’s AI-focused venture fund Gradient.
June 1 -
After lying low for a couple of years, wealthy consumers are poised to unleash nearly a quarter-trillion dollars in a card-spending binge that only a COVID-19 resurgence could derail, according to Visa's chief economist, Wayne Best.
May 24 -
For women, the path to leadership isn't always the same one that men take. Talus Pay CEO Kim Fitzsimmons says her career moved fastest whenever she refused to stay in her lane.
May 23 -
Segpay's employees returned to their Florida desks nearly two years ago. Oregon-based Umpqua Bank has permanently adopted a hybrid approach. Both strategies are succeeding, executives at the companies say.
May 18 -
The BNPL fintech's new Debit+ card, which allows consumers to split purchases within 24 hours, is popular for buying food. Experts worry that this use case may prove more rotten than fruitful for lenders.
May 13 -
The tech giant abandoned the Google Wallet brand years ago as it refined its mobile payment strategy. The 11-year-old brand now returns as a means to store vaccine cards, event tickets and more.
May 11 -
Twenty companies have joined the “Visa Ready” list of suppliers offering streamlined connections to installment loans online and at the point of sale.
May 10 -
Citing inflation’s effect on rising payment card pricing, the senator convened a Judiciary Committee hearing to reassess rules that resulted in caps on debit transaction fees 11 years ago.
May 6 -
Representatives of the retailer community will face off against payment card network and bank executives over credit and debit card interchange during a Wednesday hearing to be chaired by Sen. Dick Durbin.
May 3 -
Raised by parents who taught school and coached high school kids, Alina Crisi never planned on a career in financial services. But her innate skill in managing people and organizations has powered her quick rise at PNC Bank.
May 1 -
Fewer new customers signed up during the first quarter as e-commerce sales momentum slowed and inflation rose, forcing the company to reduce its overall growth expectations for the year.
April 28 -
The financial services technology company is backing the first retail sportsbook connected to an MLB stadium, adding to its support for automated ticketing, concessions, staff compensation and loyalty. It's a broader combination the technology company hopes to replicate elsewhere.
April 26 -
The move gives the technology company a larger merchant network as it prepares to turn iPhones into payment acceptance devices.
April 22 -
Powered by a surge of bookings in March, travel and entertainment card spending at American Express rose 121% in the first quarter. The company also added 3 million accounts.
April 22 -
Financial institutions are confronting major compliance challenges given the demands of Russian sanctions as well as the explosion of online gaming transactions and marijuana sales.
April 20


















