Technology

First Data is teaming up with the bank to deepen the pool of knowledge and connections from which startups in the program can benefit.

Bank of America Merrill Lynch, Citi and PNC Bank are the first three banks to adopt the service, which is aimed at customers who use Visa commercial cards to buy supplies from Amazon Business.

The company is touring the U.S. in a large truck that contains its latest point of sale technology for banks and merchants.

Private information about consumer and business accounts was exposed. The bank immediately cited vendor error.

A technology development program will provide access to mentors and collaboration for developers.

Bank of America has added new features to its mobile banking app in an effort to build flexibility in mobile wallet options and more closely tie payments to financial services.

Both standards are confusing and not universally adopted. But both are a necessary baseline to protect merchants and payment companies.

Starling Bank in the U.K. is building from scratch. Unlike other neobanks, Starling sees its future as a hub of financial products, not necessarily the generator of every product. CEO Anne Boden explains.

A new company, bridge21, says it is using bitcoin to allow users to send money from the United States to Mexico at better rates than traditional payments companies.

Australian regulations recently denied banks the right to negotiate with Apple Inc. to directly add Apple Pay to their digital apps, but the victory may do little for Apple, considering consumers in the country appear to have little interest in using mobile wallets.