Bank of America Launches Down Payment Resource Center to Help Prospective Buyers Find Programs to Help Achieve Homeownership

Dateline City: CHARLOTTE, N.C. The Bank of America Down Payment Resource Center Gives Consumers Access to a Searchable Database of Over 1,000 Local and National Assistance Programs in Time for Spring Homebuying Season Bank of America announced the launch of its new web-based tool to guide consumers to down payment and closing cost assistance Read more [...]

Apple Adds UnionPay Payment Option for App Store Customers in China

BEIJING—November 17, 2014—Apple® today announced that the App Store℠ has added UnionPay as a payment option for customers in China. China UnionPay is the most popular payment card in China and will provide App Store customers with a simple and more convenient way to purchase their favorite apps. Customers can easily link their Apple ID with a UnionPay debit or credit card for one-tap purchases. “The ability to buy apps and make purchases using UnionPay cards has been Read more [...]

Bank of America Merrill Lynch Reveals Europe Payment Trends for Businesses ‘Across The Pond’

Dateline City: London Bank of America Merrill Lynch, a global leader in payments, recently hosted a webcast on how to successfully navigate the payments landscape in Europe. The event was aimed at U.S.-headquartered businesses planning to expand their operations into the region.Ken Ullmann, head of U.S. Central Region Treasury Sales for Global Commercial Banking, who led the discussion explained, “Based on BofA Merrill’s experience, Read more [...]

Verizon seeks payment for carrying Netflix traffic, WSJ reports

Great Beyond Long-running disputes involving Verizon, Netflix, and Internet bandwidth providers are flaring up, causing recent slowdowns in Netflix speed. According to a Wall Street Journal report tonight, "[t]he online-video service has been at odds with Verizon Communications Inc. and other broadband providers for months over how much Netflix streaming content they will carry without being paid additional fees. Now the long simmering conflict has heated up and is slowing Netflix, Read more [...]

Target cyber breach hits 40m payment cards at holiday peak

Target did not detect the attack on its own, according to a person familiar with the investigation. Shoppers leave a Target store in North Olmsted, Ohio on December 19, 2013.AP Target Corp said hackers have stolen data from up to 40 million credit and debit cards of shoppers who visited its stores during the first three weeks of the holiday season in the second-largest such breach reported by a US retailer. The hackers worked at unprecedented speed, carrying out their operation from the day before Read more [...]