Technology

Capital One's new Capital One Wallet is a cardholder app for Apple's devices that uses an Android-like pattern-recognition feature for authentication.

Elliot Salzman, an executive at the $76 billion-asset BBVA Compass, belongs to a small club of lenders: those willing to take a chance on making home loans to risky borrowers.

Global Payments Inc. now calls its integrated solutions division OpenEdge.

Investor Carl Icahn, who earlier this year pushed eBay to make PayPal a separate company, says he is pleased with eBay's decision to do so but is not totally satisfied with the timing.

Despite the controversy over bending handsets and a broken iOS update, Apple’s iPhone 6 remains the must-buy addition to the smartphone sector, continuing to draw in the crowds.

Bank of America plans to issue chip-based debit cards to customers next month, signaling a resolution of the long-standing issues plaguing EMV debit card issuance in the U.S.

By hiring former American Express executive Dan Schulman to lead an independent PayPal, the company is betting that his expertise — bringing innovation to a well-established international payments company — can ensure PayPal's survival.

InComm will work with the Merchant Customer Exchange to support digital gift card and loyalty programs for retailers, while also expanding MCX's CurrentC mobile wallet to more locations.

American Express has named Neal Sample as president of its enterprise growth division.

EBay's planned spinoff of PayPal, announced today, is a necessary and inevitable response to the influx of disruption coming to the payments industry from unconventional sources. As companies like Amazon.com, Apple and Wal-Mart take a growing interest in the payments market, PayPal's status as a unit of a rival e-commerce company limited its role.