Bank of America

New York state's pension funds are urging credit card companies to consider following Citigroup's lead in cracking down on gun sellers.

Despite more bank and investor activity around digital P2P payments, consumer usage of P2P is a mixed bag.

In Zelle’s national advertising campaign, the bank-run P-to-P network spotlights consumers paying a personal trainer, a babysitter and a neighbor. It sets an expectation that Zelle can be used like a credit card, and scammers have figured out how to exploit this trust.

The nation’s two largest banks don't want the credit risk associated with the transactions.

To pitch their payments system of the future, U.S. banks hired Daveed Diggs, an actor best known for playing Thomas Jefferson and Marquis de Lafayette in the Broadway musical "Hamilton."

The P-to-P payments service promises to clear transactions in near-real time, but many consumers have complained that they have been unable access their money or even open accounts. Zelle has acknowledged the delays and says they are a result of its rigorous enrollment process.

Bank of America Corp. may not be willing to help customers invest in bitcoin, but that doesn’t mean it isn’t plowing into the technology underlying the cryptocurrency.

Fast growth in use of the bank's instance of the person-to-person payments product indicates it could one day rival Venmo.

The incentive marks a new direction for card-linked offers, which have become a staple for many banks that offer the deals through third-party services like Cardlytics.