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205 Results from /retail, "Bank of America"

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BofA to open more financial centres

Bank of America will open more than 150 new financial centers across 60 markets by the end of 2027, including 40 this year and an additional 70 in 2026.

/retail

Bank of America strengthens global payments solutions team

Bank of America has announced two strategic leadership appointments within its Global Payments Solutions business, reinforcing its commitment to expanding capabilities across key international markets.

/retail

OCC hits Bank of America with cease and desist order over sanctions screening violations

The Office of the Comptroller of the Currency (OCC) today issued a cease-and-desist order (order) against Bank of America, N.A. (bank) for deficiencies related to its Bank Secrecy Act (BSA) and sanctions compliance programs.

/retail

BofA rolls out Paze online checkout option to cardholders

In time for the holiday season, all eligible Bank of America credit and debit cards are now enabled with PazeSM, a fast and streamlined online checkout solution.

/retail

BofA's Erica hits two billion interactions

More than 2 billion since 2018. That’s how many interactions Bank of America clients have had with Erica®, the most advanced and first widely available virtual financial assistant, since it launched.

/retail

BofA patents increase nearly 70% in five years

Bank of America today announced a record year for its patent portfolio, which has grown to nearly 6,600 granted patents and pending patent applications – a year-over-year increase of 13%, and an increase of nearly 70% since 2019.

/retail

BofA rolls out new auto shopping tools

Bank of America is introducing new digital capabilities to support consumers in their car shopping and financing journey.

/retail

Bank of America hit with multiple fines over banking malpractice

Today, the Consumer Financial Protection Bureau (CFPB) ordered Bank of America to pay more than $100 million to customers for systematically double-dipping on fees imposed on customers with insufficient funds in their account, withholding reward bonuses explicitly promised to credit card customers, and misappropriating sensitive personal information to open accounts without customer knowledge or authorization.

/retail

BofA reports record year for patents granted

Bank of America announced a record-breaking year for patents received in 2022 with 608 patents granted, a 19% increase year over year.

/retail

Bank of America extends Pay by Bank to euro currency payments

Bank of America’s innovative online payment solution, Pay by Bank, is now available for euro currency payments.

/retail

Bank of America records one billion digital logins in July

Bank of America clients are increasingly relying on the company’s award-winning digital solutions to manage their finances.

/retail

Digital engagement soars at Bank of America

Bank of America added more than 2 million active digital clients last year, a single-year record, with its total number of verified digital users reaching more than 54 million.

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