23 October 2016
Visit dh.com

Bank of America clocks up 500,000 m-banking customers

28 November 2007  |  9190 views  |  0 smartphone screen with graph

Bank of America says it has signed 500,000 customers to its mobile banking system in the six months since the service was launched.

BoA introduced Web-based mobile banking services in March to online banking customers in selected markets. The bank expanded the service across the US in May.

Subscribers to the free service can use their mobile phones and smartphones when they're on-the-go to check account balances, pay bills and transfer money.

The service is accessible to consumers who have mobile Internet access via their service provider.

Commenting on the 500,000 customer milestone, Lance Drummond, e-commerce and ATM executive at BoA, says: "We're thrilled with the initial customer response and expect this trend to continue as more people discover the convenience of accessing their accounts while on-the-go."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news


Related blogs

Create a blog about this story (membership required)
Visit capgemini.com Find out more

Top topics

Most viewed Most shared
The bank of the future will be invisible - KPMGThe bank of the future will be invisible -...
35147 views comments | 124 tweets | 229 linkedin
New EU rules could cost UK firms £122bn in cybersecurity fines - PCI SSCNew EU rules could cost UK firms £122...
10838 views comments | 31 tweets | 37 linkedin
Barclays and Citi test blockchain tech for equity swaps processingBarclays and Citi test blockchain tech for...
8516 views comments | 26 tweets | 19 linkedin
ING takes fintech startup route to UK relaunchING takes fintech startup route to UK rela...
7029 views comments | 29 tweets | 22 linkedin
Indian banks hit by massive ATM breachIndian banks hit by massive ATM breach
6723 views comments | 16 tweets | 25 linkedin

Featured job

to Six-Figure Base, Commission, Benefits
London, UK

Find your next job