458 Results from "Bank of America"
/retail
Bank of America has acquired the commercial card management technology and related business of Texas-based Works Incorporated. Financial terms of the transaction were not disclosed.
18 October 2005
Bank of America has introduced an 'electronic change jar' which automatically rounds-up customer spending on debit cards and routes the change into a savings account.
06 October 2005
/Sibos
Banc of America Securities has purchased SmartStream's TLM Reconciliations and Process Automation products in an effort to automate trade processing in its cash securities business.
06 September 2005
Bank of America has appointed senior vice president Neil Rapson as Swift planning and development manager, creating a global co-ordination point for Swift-related product, operations, networks and technology issues.
/regulation
ABN Amro, FNB International Banking, Standard Chartered Bank, Svenska Handelsbanken and Westpac have signed up as providers of nostro data to Cable & Wireless' Real Time Nostro (RTN) service, while 10 more banks are in a pilot phase as users.
/wholesale
Algorithmic trading has achieved near universal buy-side penetration, but for less than 10% of trades on average, indicating significant growth potential, according to a Banc of America Securities' sponsored survey.
27 May 2005
Bank of America is using technology from California-based PassMark Security to provide a new two factor authentication service, called SiteKey, to its 13.2 million Internet banking customers in the US.
26 May 2005
Banc of America Securities (BAS) has selected SunGard's referencePoint Managed Data Service, for generating standardised reference data across the business.
24 May 2005
Up to 500,00 accounts at ten US banks may have been compromised during a four-year period in which corrupt bank staff sold personal financial data to an intermediary who passed the information on to debt collection agencies.
23 May 2005
At least 40,000 Bank of America customers will have no access to ATMs and online banking for a full five weeks in the summer due to problems relating to the integration of computer systems with FleetBoston.
20 May 2005
Four US banks have notified thousands of customers that their accounts may have been breached during a four-year period in which bank insiders sold screen shots of financial records for on-sale to debt collectors.
17 May 2005
San Franciso-based biometric payments company Pay By Touch has appointed Bank of America's Larry Hollowood as its chief security officer.
22 April 2005
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