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458 Results from "Bank of America"

/regulation

Wall Street firms take on Bloomberg with new messaging platform

A group of Wall Street firms, led by Goldman Sachs, has acquired instant messaging outfit Perzo and set up a new company to help them break free of their reliance on Bloomberg.

/retail

US migration to EMV gathers momentum

More than 575 million US payments cards will feature EMV chip security by the end of next year, according to a trade body set up to push the migration from magstripe plastic.

/regulation

Wall Street banks turn to messaging startup as Bloomberg alternative

A group of Wall Street banks, led by Goldman Sachs, are on the verge of buying a stake in instant messaging firm Perzo as they prepare to break free of their reliance on Bloomberg, according to Reuters.

/retail

Smartphone users still wedded to the branch - BofA survey

Almost one in two US smartphone users admit they wouldn't last a day without their mobile, and many consider their devices more important than daily staples such as coffee and television, according to a new report by Bank of America.

/retail

Bank of America caters to Skype generation with telepresence roll-out

Bank of America is to expand its use of videoconferencing to 500 branches across the US, enabling customers to remotely interact with small business bankers, mortgage specialists and financial advisors.

/payments

Capital One takes stake in ClearXchange

Capital One has taken a stake in ClearXchange, the US bank-backed clearing house for person-to-person online payments transfer via mobile or e-mail.

/retail

BofA to cut further branches as $500 million mobile investment pays off

Bank of America says its branch banking network could drop below 5000 next year as mobile channels continue to take market share.

/retail

BofA offers to monitor Occupy protesters' social media activity for police

Bank of America offered up the services of its "social media trolling" team to US police last year, boasting that it could help gather intelligence on anarchists and Occupy Wall Street activists ahead of a planned demonstration.

/retail

Bank of America employees picket video teller ATMs

A Bank of America employee has started an online petition asking the bank to stop the roll-out of video teller ATMs, saying the machines will replace well-paid branch staff with lower-wage call centre operatives.

/retail

Bill.com raises $38m

Bill.com, a bill payment, invoicing and cash flow management specialist, has closed a $38 million funding round led by Scale Venture Partners and joined by industry giants including BofA and American Express.

/retail

Microsoft, Facebook, BofA form card-linked offers association

A new association designed to promote interoperable card-linked customer offers has been set up by industry players including Microsoft, Bank of America, Discover, Facebook and First Data.

/retail

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.