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.
Bank of America says its branch banking network could drop below 5000 next year as mobile channels continue to take market share.
Bank of America is trying to lift their online banking service to a new level. This bank provides a Free Kindle Tablet Edition App on amazon.com, which will help customers securely bank on their schedule with Bank of America Mobile Banking.
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.
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.
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.
Bank of America is providing a Free Kindle Tablet Edition App on amazon.com. This Bank of America Free App will help customers securely bank on their schedule with Bank of America Mobile Banking.
Running your own business has many rewards, but managing the day-to-day details can be all-consuming. Understanding these challenges, First Data Corporation, a global leader in electronic commerce and payment processing, today at Money2020 unveiled Clover™ Station-a reliable and easy to use point-of-sale (POS) and business management solution for merchants.
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.
Bank of America is opening five technology-packed mini-branches as it seeks to bridge the gap between real-world and digital services.
© Finextra Research 2016