Kate Fitzgerald is an Arizona-based senior editor for PaymentsSource. 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 covered payments for SourceMedia from 2007 to 2012, and rejoined PaymentsSource in 2015. Fitzgerald is a graduate of Lewis & Clark College and holds a master’s degree from Northwestern University’s Medill School of Journalism.
Credit card issuers are still targeting high-spending customers, who tend to be resilient to economic swings, but competition at the top is brutal and marketing costs are high. At the other end of the credit spectrum, it’s a different story.
The prepaid card industry already succeeded in getting one delay for complying with new Consumer Financial Protection Bureau rules, and at least one top prepaid card issuer is now requesting additional rule-changes and an extra year to comply.
First Data Corp. and JotForm are working together on an integration enabling brick-and-mortar merchants to collect payments online more easily, along with detailed information on forms such as electronic signatures.