Bank technology

July 5
  • Western Union Co. has struck a deal that will make it a competitor, and also a potential partner, for banks trying to capture a bigger chunk of the business payments market.

    July 5
  • Governments are poised to impose a global identification system on the financial industry as well as on main street corporations that use financial markets. The U.S. Treasury's Office of Financial Research is scheduled to do this by July 15 if the industry does not come together to do this themselves.

    July 5
  • Western Union said Tuesday that it is buying the business payments unit of London-based Travelex Holdings for £606, or about $1 billion.

    July 5