Latest Bank of America News: Finextra Research

BofA opens tech-packed 'express' branches

Bank of America is opening five technology-packed mini-branches as it seeks to bridge the gap between real-world and digital services.

02 October 2013

/payments

Mobey Forum establishes MPOS task force

The bank-backed Mobey Forum has established a global task force to assess the mobile point of sale (MPOS) revolution sweeping across North America and Europe.

03 May 2013

/payments

Chase and la Caixa top mobile banking study; HSBC bottom of the pile

Chase has topped Forrester Research's mobile banking rankings, with Spain's la Caixa proving Europe's top dog and HSBC trailing badly at the bottom of the table.

26 April 2013

/payments

BofA rolls out video teller ATMs

As it accelerates its branch closure programme, Bank of America is preparing to introduce ATMs that let customers talk to tellers through real-time video technology.

04 April 2013

/payments

Bank of America hit by website crash in the US

Bank of America's online banking website crashed on Friday, February 1st in the US leaving customers temporarily unable to access their accounts.

04 February 2013

/payments

BofA first bank to take on Square

Bank of America Merchant Services has become the latest in a long line to launch a clone of Square's app and dongle-based system for turning smartphones into card readers.

13 November 2012

/payments

US banks walk away from struggling BlackBerry

American banks are ditching planned BlackBerry apps as the Canadian brand's market share tumbles in the face of Apple's iPhone and Google's Android, according to Keynote Systems.

06 November 2012

/payments

Bank of America trials Paydiant's cloud-based mobile payment tech

Bank of America is working with Boston-based start up Paydiant to test the company's white-labelled mobile payments service in its home town of Charlotte, North Carolina.

27 September 2012

/payments

BofA begins roll out of chip cards to American consumers

Bank of America has begun rolling out EMV chip credit cards to consumers, citing the increased acceptance and security offered by the technology for international travellers.

24 July 2012

/payments

Man gambles away $1.5m after bank glitch lets him withdraw unlimited cash

A Detroit man who took advantage of a Bank of America glitch to withdraw $1.5 million he didn't have from ATMs and gamble it away in casinos is facing a jail term.

18 June 2012

/payments

US banks roll out P2P payments platform

Bank of America and Wells Fargo have gone live with the clearXchange person-to-person payments platform, which enables users to send and receive payments through online and mobile banking using just an e-mail address or mobile phone number.

24 May 2012

/payments

Financial services firms and Internet giants team to fight spam

Bank of America, Fidelity Investments and PayPal have joined with Google, Microsoft and Facebook to develop a set of e-mail authentication standards designed to reduce the threat of deceptive spam and phishing fraud.

30 January 2012

Latest news