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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The fintech's new checking, savings and lending package caters to clients who want to separate their corporate accounts from personal banking.
July 20 -
The tech giant is entering a heavily competitive market led by large companies like PayPal and hot startups like Affirm and Afterpay.
July 16 -
As payments steadily migrate to cloud-based, digital channels with the rise of mobile e-commerce, Intuit’s QuickBooks unit is augmenting its online payment acceptance options with a mobile payment device that links to its accounting software.
July 15 -
The card network and telco are designing systems that use 5G to support more payment processes hosted in the cloud rather than on local hardware. The goal is to make services such as autonomous checkout available to small businesses.
July 13 -
JPMorgan Chase is cutting the annual fee of its top-tier card while American Express is raising the fee of its own premium card. Both banks hope to win consumers' travel dollars by finding the sweet spot between cost and rewards.
July 8 -
The fee for the Platinum account increased 25% to $695, making it the most expensive luxury travel card.
July 1 -
Banks and creditors have spent years trying to remove obstacles to presentment and payment, but some consumers say they would still rather step on a Lego brick than pay a bill, according to PayNearMe research.
June 28 -
The bank is working with DailyPay and The Clearing House's RTP network to bring a smidge more speed — and certainty — to earned-wage access payments.
June 25 -
Resorts World is building its entire customer experience around a digital app, hoping to eliminate the need for — and costs of — handling paper money.
June 21 -
During lockdown, adoption of services like mobile order-and-pay, biometric authentication, contactless fare collection and digital currency accelerated. Consumers have more options than ever — and their behaviors will guide further innovation.
June 16 -
Teampay is using the card network's technology, which was first designed for the Apple Card, to offer virtual accounts for corporate spending.
June 16 -
Eight months after its debut, more than 10,000 customers have signed up for the service, which allows transgender and nonbinary consumers to use their chosen name.
June 15 -
The social network now lets people send links and QR codes to request funds through the Messenger app, but users may have little incentive to switch — or to trust Facebook with more of their data.
June 11 -
Companies like Cloudbeds, Uplift and Guesty offer technology that streamlines payment processing for suddenly busier hotels and offers new financing options for people eager to hit the road.
June 10 -
Global Payments' TSYS subsidiary and BM Technologies will offer the program, which allows transgender and nonbinary consumers to use their preferred name on payment cards.
June 9 -
The card brand now offers tuition to Paul Quinn College, one of 107 historically Black colleges and universities in the U.S.
June 4 -
Billers have long had the edge in handling users' bill payments. Fiserv says it can change that through faster transactions, but it faces fresh competition from fintechs.
June 4 -
Republic Bank in Louisville is the first community bank to launch Mastercard's True Name service, which allows customers to display their chosen name on debit cards.
June 1 -
Banks may need to be more selective about how they issue plastic, so that cards remain available to those customers who need them most.
May 26 -
The private-label card issuer says that, as merchants reopen, now is the time to realize the benefits of its 2020 acquisition of the buy now/pay later company Bread.
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