The big banks that brought you Zelle are building a new digital wallet

A red iPhone 13 Mini is on a desk table with a mug on a bamboo coaster and another blocky object next to it. The iPhone is displaying the checkout screen for Dearborn denim’s website that has options for Shop Pay, Apple Pay, Amazon Pay, PayPal, and Google Pay. Banks are working to add another option for online shoppers. | Image: Umar Shakir / The Verge

Several of America’s biggest banks, including the likes of Bank of America and JPMorgan Chase, are joining forces to launch their own digital payment wallet that can be used for online shopping, according to The Wall Street Journal. The planned new wallet is a response to increased consumer usage...

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