Bank of America - Announcements, Interviews & News Stories

US taxpayers warned of phishing, ID theft threats

Along with paperwork and frustration, tax season brings opportunities for identity criminals.

07 March 2007

Bank of America tops online bill payment survey

comScore Networks, a leader in measuring the digital age, today released the results of a study analyzing usage of online bill payment services at leading banks.

28 February 2007

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Visa reports rising uptake of pre-paid load service

Visa USA today announced that nearly twenty issuers, partners, processors and acquiring financial institutions have agreed to implement Visa ReadyLink, which will rapidly expand the accessibility of Visa's prepaid load network service.

27 February 2007

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Bank of America adds online money management tools

Bank of America Online Banking customers now have access to a full range of money management tools that help them track expenses and income by category, set budget goals and monitor performance against goal for all of their financial accounts.

31 January 2007

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NASD fines Bank of America $3m for anti-money laundering failures

NASD announced today that it has fined Banc of America Investment Services, Inc. (BAI) $3 million in connection with the firm's failure to obtain customer information for certain high-risk accounts and for failing to have adequate communication with its parent bank to ensure that BAI's independent suspicious activity report (SAR) filing obligations were met.

29 January 2007

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Bank of America selects G&D for contactless m-payments trial

Bank of America has chosen Giesecke & Devrient (G&D) to provide Over The Air (OTA) personalization services as part of a trial to test radio frequency contactless payment companion devices.

17 January 2007

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Bank of America chooses Oberthur contactless payment fobs for US trial

Bank of America has chosen Oberthur Card Systems to provide Contactless payment Fobs as part of a trial to test radio frequency contactless payment companion devices.

20 December 2006

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Bank of America speeds up roll out of free online equity trading

Responding to steadily growing consumer demand for its free online equity trade offering, Bank of America today announced that its primary retail brokerage company, Banc of America Investment Services (BAI), has further accelerated the rollout schedule of the offer, which is designed for self-directed investors who maintain a combined balance of $25,000 or more in Bank of America, N.A. deposit accounts.

05 December 2006

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Bank of America and China Construction Bank introduce free wire transfer service

Bank of America and China Construction Bank (CCB) today announced a joint pilot program to offer free consumer account wire transfer service to and from China by eliminating all fees on transfers.

27 October 2006

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Bank of America opens call centre facility in Wichita

Bank of America announced today the opening of its new customer call center at 4509 East 47th Street South. The bank has invested more than $10 million to renovate and equip the new call center, which is approximately 50,000 square feet.

12 October 2006

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Bank of America offers commission free online equity trades

Bank of America today announced that effective immediately, its primary retail brokerage company, Banc of America Investment Services, Inc. (BAI), will offer free ($0) online equity trades for self-directed investors who maintain a combined balance of $25,000 or more in Bank of America, N.A. deposit accounts.

11 October 2006

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Bottomline nominates former BoA exec Michael Curran to board of directors

Bottomline Technologies (NASDAQ: EPAY), a leading provider of payments and invoice automation software and services, today announced that its board of directors has nominated Michael J. Curran, a former Bank of America executive, as a new, independent director for election at the company’s 2006 annual meeting of stockholders to be held on November 16, 2006.

10 October 2006

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