Bank of America

417 results about this entity

Period: 13 Jul 2004 - 24 Oct 2024

Mergers to shake up US e-banking market - comScore

The wave of financial mergers in the US will result in a shake up of the Internet banking market, but Bank of America will continue to have the most online customers, according to figures from Web metrics firm comScore.

Bank of America glitch locks out e-banking customers

Bank of America customers were unable to access online accounts for much of yesterday after the bank's Internet service was hit by a systems glitch.

North American securities industry IT spending to plummet

The bankruptcy of Lehman Brothers and acquisition of Merrill Lynch by Bank of America will contribute to a fall of nearly 15% in IT spending by the securities industry in North America next year, according to Tabb Group.

Contactless cards win over users, but struggle to reach the mainstream

Despite the fact that over 90% of Americans that own contactless payments cards like using them, three quarters of the population are not even aware of the technology's existence, according to a survey commissioned by the Smart Card Alliance.

Cyber-squatters jump on Wall Street woes

Opportunistic cyber-squatters are seeking to capitalise on the rush of emergency mergers on Wall Street by snapping up domain names related to the collapsed banks and their buyers.

Bank of America trades wire transfers for environmental rewards

Bank of America has launched Eco-Deduct, an environmental rewards scheme that will see it make donations to a conservation charity for new and increased use of its US$ commercial wire transfer service.

Online bill pay to cost US banks $1bn by 2010 - TowerGroup

The provision of free online bill payment services to retail banking customers will cost the US financial services industry $1 billion by 2010, according to research from TowerGroup.

Paypal names Scott Guilfoyle SVP, platform services

Person-to-person payments outfit PayPal has appointed Scott Guilfoyle as its new senior vice president of platform services.

Yodlee raises $35m funding

Yodlee, a US provider of online bill payment and account aggregation technology, has raised $35 million in a financing round led by Bank of America.

Bank of America and Wells Fargo in payment processing JV

Bank of America and Wells Fargo are establishing a joint venture that will combine their respective payment processing systems to create a single, combined automated clearing house (ACH). Financial terms of the deal were not disclosed.

Fiserv reports revised Bank of America contract; cuts 2008 outlook

Bank of America has re-negotiated a payment processing contract with Fiserv's CheckFree subsidiary, leading the vendor to cut its 2008 forecast.

Bank of America signs for SAP ERP technology

German software vendor SAP says Bank of America is installing its enterprise resource planning (ERP) application to "integrate and enhance" internal reporting systems.