Bank of America

417 results about this entity

Period: 13 Jul 2004 - 24 Oct 2024

BofA investigates fintech acquisitions as top exec moves to Silicon Valley

Bank of America has shipped one of its top executives, Thong Nguyen, from its Charlotte headquarters to San Francisco as it looks to boost it mobile payments technology by forging partnerships and making acquisitions.

US Bank and Bank of America switch on real-time mobile P2P

US Bank and Bank of America have become the first banks to offer real-time peer-to-peer money transfers to consumer mobile phones over the clearXchange network.

Bank of America loads up on blockchain patents

Bank of America is in the process of filing 20 new blockchain-related patents, adding to the 15 it has already submitted to the US Patent and Trademark Office (USPTO).

Chase ATMs to offer mobile-based withdrawals; BofA throws hat in ring

JPMorgan Chase is revamping its ATM fleet, enabling customers to make cash withdrawals with their mobile phones, rather than cards.

Robot revolution poised to wipe out millions of jobs - Bank of America

Robo-advisors using algorithm-based systems to provide financial advice to consumers will consign 25 million jobs in the financial and legal sector to the scrap heap over the next two decades says Bank of America, in a report which paints a bleak future for the human workforce as new robot workers transform the global economy.

More global banks back blockchain collaboration plan

An initiative to create a set of global standards for the use of distributed ledger technology in financial markets has picked up momentum, with another 13 major banks - including BofA, Deutsche Bank and HSBC - throwing their weight behind the plan.

Samsung Pay lands in the US

Buoyed by a strong start in Korea, consumer electronics giant Samsung has launched its mobile payments service in the US, with support from the three major card schemes and banking giants Citi, Bank of America and US Bank.

BofA files for cryptocurrency-based wire transfer system patent

Bank of America has filed a US patent application for a system and method that uses cryptocurrency technology for wire transfers.

BofA revamps mobile app; introduces fingerprint sign-in

Bank of America has given its mobile app a refresh, enabling customers to log in with their fingerprints and access accounts via the Apple Watch.

Samsung Pay lines up card schemes and banks for launch

Samsung will introduce its mobile payments service in South Korea later this month, with Visa, MasterCard and several major banks onboard for a US launch in September.

InAuth hires former BofA man as chief strategy officer

InAuth, the leading provider of mobile fraud prevention and mobile application security, today announced that it has hired information security and financial services industry veteran Michael Lynch as its first Chief Strategy Officer.

Banks launch IM service to rival Bloomberg

A consortium of Wall Street banks has launched an instant messaging platform it hopes will loosen Bloomberg's vice-like grip on the market for real-time communication between traders.