27 October 2016
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Latest articles for Bank of America


As mobile numbers rise, BofA announces more job losses

15 June 2016  |  4886 views  |  0 News

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.


BofA improves mortgage documentation for visually impaired customers

05 May 2016  |  2072 views  |  0 Company announcement

Bank of America announced today that it has begun an initiative to enhance the accessibility of its online mortgage documents for visually impaired customers.


Bank of America to connect with customers via Facebook Messenger

13 April 2016  |  9703 views  |  0 News

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


BofA starts pre-selecting customers for Visa Checkout from online banking

31 March 2016  |  2436 views  |  2 Company announcement

In the latest step at simplifying consumer payments, Bank of America announced today that it will pre-select customers’ eligible Visa cards for enrollment in Visa Checkout directly from Online Banking.


BofA investigates fintech acquisitions as top exec moves to Silicon Valley

14 March 2016  |  7257 views  |  1 News

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.


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

09 March 2016  |  8877 views  |  2 News

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.


Bank of America loads up on blockchain patents

29 January 2016  |  14020 views  |  3 News

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).


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

27 January 2016  |  8380 views  |  0 News

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


Robot revolution poised to wipe out millions of jobs - Bank of America

06 November 2015  |  8955 views  |  7 News

Robo-advisors using algorithm-based systems to provide financial advice to consumers will consign 25 million jobs in the financial and legal sector to the scrap heap over the next two decades says Bank of America, in a report which paints a bleak future for the human workforce as new robot workers transform the global economy.


More global banks back blockchain collaboration plan

29 September 2015  |  17474 views  |  3 News

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.

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