Bank of America

417 results about this entity

Period: 13 Jul 2004 - 24 Oct 2024

Fraudulent US ATM withdrawals on the rise - Javelin

With around 10% of US fraud victims having their details used to make withdrawals at ATMs, banks need to beef up their machines' security, according to a report from Javelin Strategy & Research.

Cisco TelePresence wins big at Bank of America

Bank of America has signed up for a minimum 200 unit-strong roll out of Cisco's TelePresence, a video conferencing and collaboration system that enables virtual face-to-face meetings across multiple locations.

Jury tells US Bank to pay $27m over cheque imaging patent infringements

US Bank has been ordered by a jury to pay Texas-based DataTreasury $27 million over cheque processing technology patent infringements.

BofA wins cybersquatting judgement

Bank of America has won a court judgement against a cyber-squatter who snapped up the domain names "bofaml.com" and "mlbofa.com" in 2008 in a bid to cash in on the bank's merger with Merrill Lynch.

BofA hires former Goldman CTO Dubno

Bank of America has hired former Goldman Sachs chief technology officer Michael Dubno to head up its global markets and research technology business.

Romanian national pleads guilty to $150,000 card skimming crime-spree

A Romanian national has pleaded guilty to stealing $150,000 from Bank of America customer accounts in an ATM card-skimming scam.

Payments stakeholders push for XML clarity in the corporate-to-bank space

Banking network Swift is working with a consortium of major financial institutions, corporations and technology vendors to develop a set of common standards for the implementation of ISO20022 messages in the corporate-to-bank space.

Standard Bank asks customers for ideas as BofA tells them to leave it alone

South Africa-based Standard Bank has added a section to its blog site where customers can submit ideas on how it can improve service.

IBM to buy Bank of America mortgage servicing unit

IBM has signed a deal to buy the core operating assets of Bank of America's mortgage servicing unit Wilshire Credit Corporation. Financial terms of the deal were not disclosed.

Transaction bankers embrace co-operation

The future of transaction banking lies in greater collaboration between banks and a greater adoption of outsourcing. This was the main point delivered at a keynote debate at this Sibos, the annual user conference of banking co-operative Swift.

Nyse Euronext to sell options mart stake to dealer consortium

Nyse Euronext has agreed to sell a "significant" equity stake in one of the company's two US options exchanges to a consortium of market makers, including BofA Merrill Lynch, Barclays Capital, Citadel Securities, Citi, Goldman Sachs, TD Ameritrade and UBS

Dealers to accelerate central clearing of OTC trades

Under pressure from regulators, 15 of Wall Street's biggest banks have committed to significantly increase the use of central counterparties to clear over-the-counter (OTC) derivatives.