Latest articles for Bank of America

US banks roll out P2P payments platform

24 May 2012 | 7658 views | 2 News

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

24 May 2012 | 10314 views | 0 News

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.

MarcoSolve files patent infringement lawsuit over Bank of America mobile apps

24 April 2012 | 1379 views | 0 Company announcement

MacroSolve, Inc., a leading provider of mobile technologies, apps and solutions for business, today announced its latest patent infringement suits filed against AOL, Inc., and Bank of America Corporation. MacroSolve's suit claims that both companies infringed upon its U.S. Patent No. 7,822,816.

BofA CIO Gordon quits

13 April 2012 | 4457 views | 0 News

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

Big banks join IBM Supplier Connection for small business supply chain access

23 March 2012 | 1950 views | 0 Company announcement

Fifteen large corporations today announced that thousands of small businesses have a new way to do business with them, giving them access to the $300 billion that these corporations spend annually on goods and services.

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

14 March 2012 | 4320 views | 0 News

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).

KeyCorp names Amy Brady CIO

05 March 2012 | 1315 views | 0 Company announcement

KeyCorp (NYSE: KEY) announced today that Amy G. Brady has been named its chief information officer. Brady will head Key Enterprise Technology and report to Tom Stevens, Key's chief administrative officer. She will serve on the company's 13 member Management Committee.

New York sues banks over use of electronic mortgage system

06 February 2012 | 2756 views | 0 News

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

30 January 2012 | 5127 views | 0 News

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.