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458 Results from "Bank of America"

/retail

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.

/ai

Bank of America to roll out AI chatbot

Bank of America has unveiled Erica, an AI chatbot that will be available to answer queries and help the bank's million of mobile app users make smarter spending and saving decisions.

/retail

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.

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Wall Street giants team up on cyber security

America's biggest banks are joining forces to combat the growing threat from cybercriminals, setting up a group that will work on preparing for attacks and improving information sharing, according to the Wall Street Journal.

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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,

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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.

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As mobile numbers rise, BofA announces more job losses

Bank of America is to slash about 8000 jobs from its consumer banking division and further trim its branch network as the digital revolution in financial services gathers pace.

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Bank of America to connect with customers via Facebook Messenger

Bank of America is to tap Facebook's Messenger app as a new channel for communicating with customers.

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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.

/retail

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.

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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).

/retail

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.