Latest Bank of America News: Finextra Research

Android Pay gets inside bank apps

Google has teamed up with several banks - including BofA - to let customers add cards to Android Pay from within their apps.

12 April 2017

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Bank of America first to launch Zelle P2P payments

Bank of America has become the first member of the US bank-backed Zelle network to roll out its P2P payments functionality.

23 February 2017

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BofA adds budgeting tool to app

Bank of America is adding a spending and budgeting tool to its mobile and online platforms, helping customers to track and control their money.

13 December 2016

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Bank CEOs fret about ROI as startups drive IT arms race

Bank of America chief Brian Moynihan says the arrival of real-time payments combined with advances by cherry-picking fintech startups threatens to derail long-held assumptions about bank ROI levels from technology spending.

30 November 2016

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US banks rebrand P2P payments service to take on Venmo

America's banks are stepping up their assault on Venmo by rebranding their clearXchange person-to-person payments service to the more consumer-friendly Zelle.

25 August 2016

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Samsung gets banks onboard for Galaxy Note7 iris scanning

Samsung has added an iris scanner to its latest flagship handset, the Galaxy Note7, which will be used to access banking app and authenticate Samsung Pay transactions,

03 August 2016

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Microsoft brings contactless payments to Windows 10 phones

Following the lead of Apple, Google and Samsung, Microsoft is bringing contactless payments to Windows 10 mobile phones.

21 June 2016

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BofA investigates fintech acquisitions as top exec moves to Silicon Valley

Bank of America has shipped one of its top executives, Thong Nguyen, from its Charlotte headquarters to San Francisco as it looks to boost it mobile payments technology by forging partnerships and making acquisitions.

14 March 2016

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US Bank and Bank of America switch on real-time mobile P2P

US Bank and Bank of America have become the first banks to offer real-time peer-to-peer money transfers to consumer mobile phones over the clearXchange network.

09 March 2016

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Bank of America loads up on blockchain patents

Bank of America is in the process of filing 20 new blockchain-related patents, adding to the 15 it has already submitted to the US Patent and Trademark Office (USPTO).

29 January 2016

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Chase ATMs to offer mobile-based withdrawals; BofA throws hat in ring

JPMorgan Chase is revamping its ATM fleet, enabling customers to make cash withdrawals with their mobile phones, rather than cards.

27 January 2016

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More global banks back blockchain collaboration plan

An initiative to create a set of global standards for the use of distributed ledger technology in financial markets has picked up momentum, with another 13 major banks - including BofA, Deutsche Bank and HSBC - throwing their weight behind the plan.

29 September 2015

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