Bank of America

417 results about this entity

Period: 13 Jul 2004 - 24 Oct 2024

BofA shows off new mobile capabilities

Bank of America today announced that it is introducing a new feature that will allow clients to move seamlessly between the Bank of America, Merrill Lynch, Merrill Edge and U.S. Trust mobile apps without having to re-authenticate.

Bank of America allocates tax windfall to digital investments

Bank of America is to allocate an additional $500 million from tax reforms to its digital spend over the next few quarters, as previous investments in mobile apps, P2P money transfers and customer-facing AI come good.

Visa and Mastercard near $6.5bn interchange settlement - WSJ

Visa, Mastercard and some of America's biggest banks look set to pay merchants around $6.5 billion to settle a long-running battle over interchange fees, according to the Wall Street Journal.

BofA begins full scale rollout of AI chatbot

Bank of America is rolling out the first widely available AI-driven virtual assistant of its kind in financial services, Erica, to its 25 million mobile clients.

BofA launches digital mortgage service

Bank of America has rolled out a digital mortgage service, enabling customers to apply online or via the bank's mobile app, often getting conditional approval on the same day.

BofA lets customers link cards to PayPal accounts from mobile app

Bank of America customers can now add credit and debit cards to their PayPal accounts directly from the lender's mobile app.

BofA to open 500 new branches

Bank of America is planning to open more than 500 branches over the next four years as part of a programme that will see another 1500 sites revamped with new technology.

Millennials more financially savvy than previously thought - BofA research

Millennials are proving that they are just as good as or better than older generations when it comes to money management habits like saving and budgeting, according to the Better Money Habits Millennial Report released today.

Goldman Sachs leads $38m Visible Alpha funding round

Investment research technology firm Visible Alpha has expanded its roster of big Wall Street name backers and set its sights on MiFID-led European growth after closing a $38 million funding round led by Goldman Sachs.

BofA leads on blockchain patents

Bank of America has filed for or received more blockchain-related patents in the US than any other firm, beating out Mastercard and IBM for the top spot, according to research from law firm EnvisionIP.

BofA posts strong Zelle numbers

Bank of America today announced record-breaking person-to-person (P2P) payments use, as its customers increasingly make the move to cashless solutions.

Bank of America revamps mobile app - 24 million users and counting

Bank of America today announced a series of updates to its award-winning mobile banking app and online banking platform to better connect to its customers’ life priorities.