transactions

More than 13 million Bank of America debit-card customers could see some repayment for excessive overdraft fees the bank charged them over the course of a decade. A federal judge has approved a $410 million settlement to compensate customers who were charged fees as a result of the bank posting transactions from highest to lowest dollar amount, rather than in the order they occurred.

New rules proposed by the Fed for debit card transactions may mean consumers end up paying more to use their cards, while big retailers save billions. The rules would sharply limit the transaction fees sellers pay, so banks could recoup that money from buyers.

The smartphone revolution is about to upend another business: credit card processing. With Google's new Android pay-by-phone app and Square's new transaction hardware for iPhones, your plastic could become obsolete.

When Intuit, the makers of popular personal finance software Quicken, purchased Mint.com for $170 million, users of both services expressed concerns about the future of their favorite financial tool. After it became clear that both Mint and Quicken Online would remain free, the only real question...

Larger transactions and increased investor confidence pushed clean technology ("cleantech") venture capital investments higher in the second quarter of 2009. Investments in companies dealing with energy efficiency and solar power led the overall market, which surged 73 percent quarter-over-quarter....