Bank of America

417 results about this entity

Period: 13 Jul 2004 - 24 Oct 2024

US banks on red alert as Chase and BofA sites suffer downtime

Financial institutions in the US are on high alert after JPMorgan Chase became the second big bank to experience outages on its Web site. The downtime at Chase follows an apparent Distributed Denial of Service attack that disrupted the online presence of Bank of America earlier in the week.

BofA begins roll out of chip cards to American consumers

Bank of America has begun rolling out EMV chip credit cards to consumers, citing the increased acceptance and security offered by the technology for international travellers.

US banks outline IT issues in living wills submissions

US regulators have published details of banks' plans for living wills, including information on how the organisations' IT systems will cope if they are shut down or broken up.

Man gambles away $1.5m after bank glitch lets him withdraw unlimited cash

A Detroit man who took advantage of a Bank of America glitch to withdraw $1.5 million he didn't have from ATMs and gamble it away in casinos is facing a jail term.

US banks roll out P2P payments platform

Bank of America and Wells Fargo have gone live with the clearXchange person-to-person payments platform, which enables users to send and receive payments through online and mobile banking using just an e-mail address or mobile phone number.

Bank of America claims 10 million mobile customers; accelerates branch closure programme

Just a day after Australia's Westpac reported one million users for its mobile banking apps, US behemoth Bank of America wades in with news that it has passed the 10 million milestone.

BofA CIO Gordon quits

Bank of America chief information officer Marc Gordon has quit, to be replaced by consumer banking executive Laurie Readhead.

Banks pay $25m to settle New York electronic mortgage system claims

Bank of America, JPMorgan Chase, Wells Fargo, Citi and Ally Financial have agreed to pay a total of $25 million to New York State over their use of the privately-owned national mortgage electronic registry system (Mers).

New York sues banks over use of electronic mortgage system

The New York Attorney general has charged three of the nation's biggest banks - Bank of America, JPMorgan Chase and Wells Fargo - with using the privately-owned national mortgage electronic registry system (Mers) to illegaly bring foreclosure proceedings against home owners who had defaulted on their loans.

Financial services firms and Internet giants team to fight spam

Bank of America, Fidelity Investments and PayPal have joined with Google, Microsoft and Facebook to develop a set of e-mail authentication standards designed to reduce the threat of deceptive spam and phishing fraud.

BofA links deals service to online accounts

Bank of America is trialling technology that offers customers targeted deal offers when they log into their online accounts.

BofA names Bottega chief data officer

Bank of America (BofA) has appointed Federal Reserve and Citi veteran John Bottega as its new chief data officer.