Bank of America - Announcements, Interviews & News Stories

Bank of America works with Vintek for auto finance leads

VINtek, a provider of automotive collateral management services and direct auto finance solutions, today announced that it has expanded its Direct-to-Consumer auto loan service for Bank of America to include providing the bank with direct auto finance leads via the company's Tax, Tag and Title Calculator.

24 August 2010

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Bank of America introduces e-banking checking account

Bank of America today introduced eBanking, a new banking solution for customers who prefer to bank through convenient electronic channels and receive their statements online.

10 August 2010

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Bank of America hires DTCC's Bridget O'Connor

Bank of America announced today that Bridget O'Connor has been named chief technology officer for Consumer and Small Business Banking (CSBB) and Home Loans and Insurance (HL&I), responsible for leading the team that supports strategy, architecture, design and build, operations, engagement and product delivery of technology infrastructure for the CSBB and HL&I businesses.

06 August 2010

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Tsys appoints BofA man Munto as sales exec

TSYS announced today that Tim Munto, with more than two decades of experience in the payments industry, has joined TSYS Acquiring Solutions as Group Executive, Sales and Client Relations.

15 July 2010

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Bank of America taps Oxygen8 for text service

Bank of America, Europe's largest credit card provider under its MBNA subsidiary, is offering a new mobile banking text service to customers through its partnership with Oxygen8 Communications, the micro-billing, communications and mobile enablement specialist.

24 June 2010

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Bank of America rolls out talking ATMs

As part of its long-standing commitment to customers with visual impairments, Bank of America today announced that every Bank of America ATM in the country has been equipped with voice-enabled technology.

31 March 2010

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Bank of America Dealer Financial Services Joins Wolters Kluwer AppOne platform

Wolters Kluwer Financial Services announced today that Bank of America's Dealer Financial Services unit will join its AppOne platform to automate and help simplify the marine and RV finance process.

15 March 2010

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Bank of America to cease overdrafts for debit card transactions

As part of its commitment to provide more control, choice and clarity for its customers, Bank of America today announced that beginning this summer it will only authorize single debit card transactions at the point of sale if a customer has enough money in their account at the time.

10 March 2010

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NY Attorney General files fraud charges against Bank of America

Attorney General Andrew M. Cuomo, joined by Special Inspector General for the Troubled Asset Relief Program Neil Barofsky, today announced a lawsuit against Bank of America, its former CEO Kenneth D. Lewis, and its former CFO Joseph L. Price for duping shareholders and the federal government in order to complete a merger with Merrill Lynch. According to the lawsuit, Bank of America's management intentionally failed to disclose massive losses at Merrill so that shareholders would vote to approve the merger. Once the deal was approved, Bank of America's management manipulated the federal government into saving the deal with billions in taxpayer funds by falsely claiming that they would back out of the deal without bailout funds.

05 February 2010

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Bessant gets top tech job in BofA reshuffle

Brian Moynihan, chief executive officer and president of Bank of America Corporation, today announced the company's most senior management team.

13 January 2010

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Vanguard ID Systems claims patent decision over Bank of America

Vanguard ID Systems, manufacturer of bar coded, magnetic stripe and radio frequency identification products, announced today that the United States Patent and Trademark Office Board of Patent Appeals and Interferences has invalidated 51 claims of a 57-claim patent initially granted by the Office in 2002 to Bank of America for its Mini Visa Card, a small credit card that attaches to consumers' key rings.

16 July 2009

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Big four US banks don't appeal to non-customers - survey

Raddon Financial Group (RFG), a provider of research-based solutions to financial institutions and a strategic business unit of Open Solutions, recently completed a national survey of consumer attitudes about the nation's four largest banks, all of which were recipients of TARP money.

11 June 2009

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