Retail & Commercial

Starbucks attributes the widespread use of its mobile payments app to a "seismic change" in how consumers use mobile phones and social media. The company expects a further surge in adoption as its rewards system expands to grocery stores.

Small-business owners are generally satisfied with their access to funding and about one in five plans to apply for a loan in 2013, according to a new survey from Bank of America (BAC).

Lack of financial education blamed for low savings rates among young workers.

Latin American banks are eager to expand in South Florida, but there are few banks in Miami that can provide immediate heft. As a result, even the city's smallest banks could spark bidding wars if they choose to sell.

Congress is pushing ahead with legislation aimed at requiring financial institutions to share information about cyber threats. Banks are pushing back, however, over fears that they'll get caught between new disclosure requirements and demands that they protect customers' privacy.

Allstate, the largest publicly traded U.S. home and auto insurer, dropped a lawsuit in which it accused Citigroup of fraudulently selling hundreds of millions of dollars of mortgage-backed securities.

Payleven's EMV-chip mobile card reader has found a spot on Apple Inc.'s retail shelves in Europe and on the company's website.

Delanco Bancorp in N.J. (DLNO) said Wednesday it would reorganize itself from a mutual holding company structure via the sale of stock in a new company to be formed in connection with the conversion.

The Troubled Asset Relief Program will cost taxpayers less than expected.

Total System Services Inc. will continue to process payments for U.K.-based Nationwide Building Society, considered the largest building society in the world based on its assets and 15 million members.