Bank of America - News, Articles & Research

News

BofA to open 500 new branches

Bank of America is planning to open more than 500 branches over the next four years as part of a programme that will see another 1500 sites revamped with new technology.

27 February 2018

Company announcement

Millennials more financially savvy than previously thought - BofA research

Millennials are proving that they are just as good as or better than older generations when it comes to money management habits like saving and budgeting, according to the Better Money Habits Millennial Report released today.

23 January 2018

News

Goldman Sachs leads $38m Visible Alpha funding round

Investment research technology firm Visible Alpha has expanded its roster of big Wall Street name backers and set its sights on MiFID-led European growth after closing a $38 million funding round led by Goldman Sachs.

18 January 2018

News

BofA leads on blockchain patents

Bank of America has filed for or received more blockchain-related patents in the US than any other firm, beating out Mastercard and IBM for the top spot, according to research from law firm EnvisionIP.

17 January 2018

Company announcement

BofA posts strong Zelle numbers

Bank of America today announced record-breaking person-to-person (P2P) payments use, as its customers increasingly make the move to cashless solutions.

15 January 2018

Company announcement

Bank of America revamps mobile app - 24 million users and counting

Bank of America today announced a series of updates to its award-winning mobile banking app and online banking platform to better connect to its customers’ life priorities.

08 December 2017

News

Top banks create third-party risk management company

Some of America's biggest financial institutions, including American Express, Bank of America, JPMorgan and Wells Fargo, have set up a new company that will carry out risk assessments on suppliers and partners.

15 November 2017

News

BofA taps Intel for online banking fingerprint authentication

Bank of America is teaming up with Intel to add biometric authentication to its online platform for PC users.

23 October 2017

Company announcement

BofA turns to Microsoft Cloud for digital transformation

As part of its digital transformation, Bank of America is turning to the Microsoft Cloud to help deliver new business efficiencies, support digital culture change and better meet customer needs.

03 October 2017

Company announcement

BofA and FitPay team on wearable contactless payments

Bank of America (NYSE: BAC ) and FitPay, Inc., a wholly-owned subsidiary of NXT-ID, Inc. (NASDAQ: NXTD), today announced an agreement to extend contactless payment capabilities to a range of new devices, giving Bank of America customers more payment options and accelerating the adoption of new payment devices.

07 September 2017

Company announcement

BofA mobile app upgrade boosts personalisation

Bank of America today announced a series of updates to its award-winning mobile app to further customize the user experience and continue its investment in innovation that improves the financial lives of its customers.

06 September 2017

Company announcement

BofA and PayPal team on in-store payments and account linking

Bank of America [NYSE: BAC] and PayPal [NASDAQ: PYPL] today announced a strategic partnership that will soon enable Bank of America customers to transact with PayPal in stores and seamlessly link their Bank of America cards into PayPal.

27 July 2017