Retail & Commercial

Adding payment acceptance to a website could be as easy as embedding a YouTube video or sharing a link on Facebook.

Consumers want their bank to provide them their first mobile wallet because of their trust in the institution. But, at least in the UK, no wallet provider has thus far addressed all of consumers' concerns with mobile payments, new research shows.

Apple's iWallet is much anticipated but, due to Apple's notorious secrecy, still very hard to picture. A new patent lends some slight clarity to the company's mobile-payment vision.

Bank of Montreal, Canada's fourth-biggest lender by assets, raised its dividend for the first time in five years after posting third-quarter profit that climbed on added earnings from U.S. consumer banking.

Assurant, facing reviews into whether it overcharges for insurance that some homeowners are compelled to buy, expanded disclosure about its profits after an inquiry from the SEC.

Isis, the mobile-payment joint venture backed by AT&T, Verizon Wireless and T-Mobile USA, is on track for a debut in September, following months of delays and a change in strategy last year.

Two shareholders have filed a lawsuit arguing that the prepaid company withheld material information about the competitive climate and the potential impact on its operations.

FDIC's Quarterly Banking Profile shows broad improvements in the number of institutions making more loans. But with rock-bottom interest rates squeezing margins, banks yet again looked toward reduced loss provisions to drive earnings.

Citigroup (NYSE: C) has agreed to pay nearly $25 million to settle claims that it misled investors about the risk of certain mortgage-backed securities, according to Reuters.

Isis, the mobile-payment joint venture backed by AT&T, Verizon and T-Mobile, is on track for a debut in September, following months of delays and a change in strategy last year.