Bank of America today announced that beginning this week it will include chip technology on all new and reissued consumer and small business debit cards.
Huntington Bancshares Incorporated (HBAN), through its subsidiary Huntington National Bank, has completed its acquisition of 24 Bank of America branches in Michigan, Huntington announced today.
More than 575 million US payments cards will feature EMV chip security by the end of next year, according to a trade body set up to push the migration from magstripe plastic.
A group of Wall Street banks, led by Goldman Sachs, are on the verge of buying a stake in instant messaging firm Perzo as they prepare to break free of their reliance on Bloomberg, according to Reuters.
Almost one in two US smartphone users admit they wouldn't last a day without their mobile, and many consider their devices more important than daily staples such as coffee and television, according to a new report by Bank of America.
Bank of America is to expand its use of videoconferencing to 500 branches across the US, enabling customers to remotely interact with small business bankers, mortgage specialists and financial advisors.
Today we're fining Bank of America, N.A. and FIA Card Services, N.A. for unfairly billing consumers for services relating to identity theft protection "add-on" products and for using deceptive marketing and sales practices for credit protection "add-on" products.
The FIDO (Fast IDentity Online) Alliance, an industry consortium revolutionizing online authentication with the standards for strong authentication, today announced that Bank of America, has joined the FIDO Alliance and been appointed to the Board of Directors.
Capital One has taken a stake in ClearXchange, the US bank-backed clearing house for person-to-person online payments transfer via mobile or e-mail.
Bank of America says its branch banking network could drop below 5000 next year as mobile channels continue to take market share.
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