Bank of America - News, Articles & Research

Company announcement

BofA and FitPay team on wearable contactless payments

Bank of America (NYSE: BAC ) and FitPay, Inc., a wholly-owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD), today announced an agreement to extend contactless payment capabilities to a range of new devices, giving Bank of America customers more payment options and accelerating the adoption of new payment devices.

07 September 2017

Company announcement

BofA mobile app upgrade boosts personalisation

Bank of America today announced a series of updates to its award-winning mobile app to further customize the user experience and continue its investment in innovation that improves the financial lives of its customers.

06 September 2017

Company announcement

BofA and PayPal team on in-store payments and account linking

Bank of America [NYSE: BAC] and PayPal [NASDAQ: PYPL] today announced a strategic partnership that will soon enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards into PayPal.

27 July 2017

Company announcement

Bank of America brings business loans to the mobile

Bank of America today announced enhancements to its mobile app experience that add on-the-go convenience to small business banking and lending.

19 July 2017

News

Man trapped in ATM slides 'help me' notes through receipt slot

A Texas man spent nearly two hours trapped inside a drive-thru ATM room, slipping "help me" notes through the receipt slot before being rescued by police.

14 July 2017

Company announcement

Bank of America picks Oracle cloud for ERP and financial applications

Oracle (NYSE: ORCL) announced today that Bank of America (NYSE: BAC) has selected Oracle’s cloud-based ERP and financial applications for both its international general ledger and its broker-dealer systems.

27 June 2017

Company announcement

Lloyds completes MBNA acquisition

Lloyds Banking Group ('the Group') today announces that it has completed the acquisition of MBNA Ltd (MBNA), a UK consumer credit card business, from FIA Jersey Holdings Limited, a wholly owned subsidiary of Bank of America, following receipt of regulatory and competition approval.

01 June 2017

Company announcement

Bank of America puts auto-shopping on the mobile

Bank of America has launched new capabilities for mobile clients to complete the auto financing process with the company.

30 May 2017

News

Bank of America preps data sharing service

Bank of America says it is working with multiple financial data aggregators to provide customers with the ability to connect data from their accounts to third-party financial management applications.

26 May 2017

News

P2P payments become social norm

Americans are embracing person-to-person payments, with more than a third now using services such as Zelle and Venmo to pay each other back, according to a Bank of America survey.

12 May 2017

Company announcement

Bank of America teams with Bypass for digitial commerce at stadium concessions

Bank of America Merchant Services and Bypass are teaming up to help arenas, sporting venues, corporate and college campuses, hospital cafeterias and other contract food and beverage operators run their concessions more efficiently through a new unified, digital commerce solution.

03 May 2017

News

Zelle P2P network zooms past Venmo

The American bank-backed Zelle network processed 170 million person-to-person payments last year boasting an aggregate transaction volume of $55 billion, more than double that of PayPal-owned rival Venmo.

18 April 2017