German digital bank N26 has become Europe's most highly valued non-listed fintech startup following a $300 million fundraising round that prices the company at $2.7 billion.
Stephanie Wolf, Head of Financial Institutions, GTS, BAML, speaks at Sibos 2018 in Sydney about the benefits of SWIFT’s KYC Registry and the Wolfsberg Correspondent Banking Due Diligence Questionnaire, what today’s most significant challenges and opportunities are in Correspondent Banking and what changes we can expect to see in the global payments environment.
Bank of America has been sued by a man over the use of the name "Erica" for its in-app AI-powered virtual assistant chatbot.
Bank of America Merchant Services, a leader in payments, eCommerce and security solutions, and talech, a pioneer in cloud-based restaurant management software, are teaming up to help full-service restaurant and bar owners with one or more locations run their businesses more efficiently through a new, innovative point-of-sale solution.
First Data (NYSE:FDC), a global leader in commerce enabling technology, and Bank of America Merchant Services, a leader in payments, ecommerce and security solutions, announced today that Bank of America Merchant Services has integrated BlueSnap’s All-in-one Payment Platform.
Some of America's biggest banks have joined forces with fintech firms to launch a non-profit organisation that tackles the contentious issue of sharing consumer data.
Bank of America today announced that it is introducing a new feature that will allow clients to move seamlessly between the Bank of America, Merrill Lynch, Merrill Edge and U.S. Trust mobile apps without having to re-authenticate.
Bank of America is to allocate an additional $500 million from tax reforms to its digital spend over the next few quarters, as previous investments in mobile apps, P2P money transfers and customer-facing AI come good.
Visa, Mastercard and some of America's biggest banks look set to pay merchants around $6.5 billion to settle a long-running battle over interchange fees, according to the Wall Street Journal.
Bank of America is rolling out the first widely available AI-driven virtual assistant of its kind in financial services, Erica, to its 25 million mobile clients.
© Finextra Research 2019