INDUSTRY INSIGHTS YOUR PEERS ARE READING
Security & Fraud authentication Bank of America Bank of America Merrill Lynch Digital Identity Tracker Main Feature Socure Tracker Series What's happening nowBoA finds success in simplicity and security . MORE
Bank of America announced Tuesday (June 12) that Erica, its AI voice-activated virtual financial assistant that is available through its mobile banking app, has surpassed one million users. In a press release , Bank of America said the milestone was achieved within two months of completing the phased rollout of Erica, which is now available to mobile clients nationwide. MORE
The business, which is called TREVLS, opened at the Mall of America in Bloomington. We’re thrilled that our first location is within Mall of America, which allows us to reach more drivers switching to electric vehicles,” John Marino, founder and CEO of TREVLS, told Chain Store Age. Innovation electric cars Elon Musk Mall of America News Retail Tesla What's Hot MORE
What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. That’s a high hurdle for any company hoping to win profit via digital channels in Latin America. Looking at the data, penetration of mobile phones in Latin America is similar to the case of M-Pesa. MORE
Bank of America is treading familiar ground for an big bank – Chase, Capital One and Wells Fargo have all made similar integrations with the likes of Intuit, Xero and Finicity. “We We value customer choice and want customers to securely access their information when and where they want,” says Moore, head of digital banking at Bank of America. Banking News Bank of America banking What's Hot MORE
Bank of America is hoping to bridge that gap, albeit in a small way, by allowing its clients to move seamlessly between Bank of America, Merrill Lynch, Merrill Edge, and U.S. MORE
A new survey from Bank of America shines a spotlight on the increasing concerns — and increasing costs — of data breaches. Bank of America said data breaches can be “devastating” to small businesses. Bank of America additionally found more small businesses responding to this trend by accepting mobile payments as customers become more comfortable paying with a mobile device. MORE
To help Mall of America merchants engage with Chinese consumers, CITCON has teamed up with the shopping complex to offer stores a cross-border mobile payments system. Mobile Payments Alipay Chinese consumers cross-border payments digital payments Mall of America News Payment Methods payment options WeChat Pay What's Hot MORE
EXCLUSIVE- Echoing the mandate of PSD2, Bank of America Merrill Lynch today unveiled an API gateway that seeks to connect its commercial clients to fintechs and other third-party vendors. Bank of America Merrill Lynch […]. MORE
With over 25 million mobile bank users on the retail side, Bank of America is shifting attention to ramping the numbers on the commercial side, with the launch of a mobile app for its prepaid commercial cards. MORE
Bank of America will invest about $75 million per quarter in technology from now through the rest of 2019, the bank reported in its earnings call today. Cards Commerce Exclusive Innovations Lending Mobile Online Open Fintech Operations Payments PFM Premium Retail Bank of America Erica Zelle MORE
Cards Daily Post 2 DataBank Mobile Online Open Fintech Payments Premium Bank of America Venmo ZelleThe U.S. is still far from a cashless society, but something important is nonetheless changing in this regard -- consumer perception. Digital payments have a long way to go in the U.S., MORE
Bank of America is proud of its virtual assistant, Erica, which has 3.5 Exclusive Innovations Mobile Online Open Fintech Payments Premium Retail artificial intelligence Bank of America Erica virtual assistant MORE
Bank of America has been accused in a lawsuit of providing more than 100 accounts, used to carry out a $102 million Ponzi scheme. Bank of America, N.A., Bank of America spokesman Bill Halldin had no immediate comment on the lawsuit. Legal Bank of America Investment fraud investors Lawsuit News Ponzi Scheme SEC What's HotAccording to Bloomberg , the class-action suit, Heinert v. was filed in U.S. MORE
After a yearlong absence, Bank of America’s mobile app is now available on Windows mobile devices. Innovations Mobile Online app Bank of America Microsoft Windows Windows 10 MORE
Bank of America Merchant Services, the payments, eCommerce and security solutions company, announced Tuesday (October 30) that it and talech, a cloud-based restaurant management software company, are teaming up to roll out a point of sale solution for the full-service restaurant and bar industries. MORE
Bank of America filed for nine more blockchain patents. In total, Bank of America now has filed for over 30 blockchain patents since last year. Cryptocurrency Exclusive Mobile Payments Bank of America BlockChain paymentsThese filings were recently made public by the U.S. MORE
Continuing the recent string of earnings from big banks – a string that kicks off earnings season per tradition – Bank of America said loan growth and a boost in digital initiatives boosted results in the second quarter. The company also stated that last year’s well-publicized tax reform has given Bank of America about $500 million to deploy through the next few quarters, earmarked for technology. MORE
Cross-border small business payments company Veem is partnering with America’s Credit Union (ACU) to expand its reach to small business (SMB) customers. B2B Payments America's Credit Union API B2B Credit Union cross-border payments News SMBs Veem What's Hot In B2BACU will link its SMB clients to Veem’s global payment services, the companies said in a press release on Wednesday (May 2). MORE
Earlier this month, NovoPayment , a digital finance and transactions firm, announced news of the launch of its Developer Hub, one of the first such platforms servicing Latin America, according to a press release. Its clients include banks, financial institutions and others throughout the Americas. Merchant Innovation Anabel Perez APIs banking financial services Innovation Latin America News NovoPayments MORE
Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange (FX) conversion. MORE
EXCLUSIVE – Bank of America Merrill Lynch has added a new feature to its Virtual Payables product, an offering which allows its commercial clients to automate post-invoice payments. MORE
The stakes are high for businesses of all sizes, and the latest data on corporates in America makes that abundantly clear. ” B2B Payments 2016 Presidential Election B2B Cash Management Corporate America corporate finance Featured News small business employmentIt’s one day to election day in the U.S., and as always, national economic issues are at the top of voters’ minds. MORE
Only months after launching a digital prepaid card for its corporate customers, Bank of America Merrill Lynch continues to expand its digital offerings for its corporate clients. MORE
Bank of America Merchant Services laid off about 10 percent of its staffers last week, with sources saying that the cuts are the result of restructuring. In 2013, Bank of America Merchant Services was the top U.S. While that purchase-volume metric had grown to $546 billion by last year, Bank of America slipped to the second-largest acquirer by Visa and Mastercard purchase volume after J.P. Personnel Bank of America BoA first data Merchant Services News What's Hot MORE
Continuing the run of earnings beats for banks, Bank of America announced news on Monday (April 16) that loan growth helped lift results above Wall Street estimates, while digital initiatives showed strong momentum. As for credit quality, Bank of America said in its release that “overall credit quality remained strong across both the consumer and commercial portfolios.”. Earnings Bank of America Digital Banking earnings loans mobile News P2P revenue Wall Street What's Hot Zelle MORE
Bank of America just took a major step toward extending its mobile banking services to a growing base of millennials that are steering away from traditional banking. Mobile Bank of America chatbot Facebook What's Hot MORE
Bank of America (BofA) officially announced it “will begin declining credit card transactions with known cryptocurrency exchanges” today through a memo distributed to employees on Thursday (Feb. Bitcoin Bank of America bitcoin cryptocurrency jpmorgan News Payment Methods What's HotThe second-largest U.S. bank is banning customers from purchasing cryptocurrencies using its credit cards, according to Bloomberg reports. MORE
Bank of America is facing backlash from customers who’re getting shut out of the company’s free checking account offering. According to news from CNBC, citing Mel San, a Bank of America customer who started a Change.org petition that has gained 46,000 signatures so far, customers are upset that Bank of America is doing away with its eBanking checking account that gave them access to free checking. This is what made Bank of America different,” wrote San, according to CNBC. “I MORE
I recently wrote this piece for Raconteur’s Sunday Times supplement, and thought it might interest The Finanser’s readers: ‘When we in the West look to America for innovation, we are looking the wrong way’ I often talk about the world of change we are going through and how Europe and America are … The post Don’t look to America for innovation appeared first on Chris Skinner's blog. MORE
Bank of America Merrill Lynch, a player in transaction services, and ModoPayments, a digital payments company, announced Thursday (Oct. In a press release , the companies said, through the hub, Bank of America Merrill Lynch clients will have the ability to connect with multiple emerging payment networks. Additionally, collaborating with Modo will allow Bank of America Merrill Lynch to rapidly explore additional areas of innovation in transaction services. “We MORE
Nippon Ichi Software announced news that its American division, NIS America, was the victim of a major data breach that exposed the personal and financial data of online customers. 26, we became aware of a malicious process that had attached itself to our checkout page,” NIS America said in the email. Afterward, the malicious process would return the customer to the NIS America store page to complete their transaction.”. MORE
Bank of America’s virtual assistant Erica is a perfect example of how the bank is using “AI to make (BofA) better and make it better at scale,” according to Cathy Bessant, chief operations and technology officer at the bank. MORE
I’m off to Chile next week and thought, in preparation, I’d look at the state of FinTech in Latin America. Equally, I meet a lot of the … The post The State of FinTech in Latin America appeared first on Chris Skinner's blog. So far, I’ve spent fair time in Colombia, Brazil and Argentina, and see these as the three major centres of activity along with Mexico. MORE
When Dunkin’ Donuts came up with the slogan “America runs on Dunkin,’” the company was pretty clearly being metaphorical. That’s no longer the case, as the fast food company has decided to take a turn for the literal in their newest marketing campaign. MORE
Cash usage in the Americas is at an inflection point. And while that’s a sign of positive growth, proliferation of new payment products is chipping away at the growth, according to the brand new Global Cash Index™ Americas Analysis. percent, represents the largest cash share in the Americas, the country is fast-tracking its transition to a digital economy with new policies aimed at reducing cash usage. Total cash use in the Americas is expected to grow by 2.56 MORE
According to Tom Durkin, Bank of America ‘s head of digital channels, financial institutions have a new opportunity to embrace this development. ” A 2017 survey from Bank of America found a 14 percent increase in the number of consumers using mobile banking apps compared to 2015. Today (July 2), Bank of America announced its latest initiative in corporate mobile banking. Enterprise processes are starting to look a lot more like the consumer world. MORE
A top corporate banking executive at Bank of America (BoA) is slated to depart the institution, according to The Wall Street Journal ( WSJ ) reports Thursday (Sept. ” Bank of America has been beefing up its corporate financial services offerings in other areas as well. Jolly, Bank of America’s head of financing and channels in Global Transaction Banking, in a statement at the time. MORE
Innovations Mobile Online Bank of America Chase Mobile banking online banking Wells Fargo MORE
Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Mexico suffers the most cyberattacks in Latin America, followed by Brazil, according to the latest analysis from the Wilson Center. And as regulators in Latin America update FinTech regulations to help drive digital payment development, security issues more often become part of discussions surrounding those efforts. MORE
EXCLUSIVE – Bank of America is all set to launch its AI powered bot Erica this month, Michelle Moore, head of digital banking at BofA told Bank Innovation. Exclusive Innovations Mobile Online Operations Payments artificial intelligence Bank of America chat bot Erica machine learning MORE
There is much to like in the current economic snapshot of the U.S. The overall unemployment rate has slipped below 4 percent — the lowest it’s been in nearly 20 years. After a brief dip in consumer spending early in the year, consumer enthusiasm for shopping seems to have returned as sales numbers in retail have been stronger than expected of late. Even big brick-and-mortar players like Macy’s have shown signs of reversing their recent ill fortune by luring customers back into their stores. MORE
It’s the start of the new earnings season, and Bank of America , among the first companies out of the gate, set a positive tone Monday (October 15) when it released its third-quarter financials — a report that showed mobile banking growth, along with other gains. MORE
Additionally, Bank of America is looking to strike a difficult balance between customer convenience and security from data breaches. “We We need to know what our customers really want to use before we can commercialize something and put it out to [them],” said Hari Gopalkrishnan, managing director of Consumer-Facing Platforms and Technology for Bank of America. MORE
America Related Topics PYMNTS
OCTOBER 23, 2018
Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange (FX) conversion.
PYMNTS
OCTOBER 1, 2018
A new survey from Bank of America shines a spotlight on the increasing concerns — and increasing costs — of data breaches. Bank of America said data breaches can be “devastating” to small businesses. Bank of America additionally found more small businesses responding to this trend by accepting mobile payments as customers become more comfortable paying with a mobile device.
PYMNTS
OCTOBER 30, 2018
Bank of America Merchant Services, the payments, eCommerce and security solutions company, announced Tuesday (October 30) that it and talech, a cloud-based restaurant management software company, are teaming up to roll out a point of sale solution for the full-service restaurant and bar industries.
PYMNTS
OCTOBER 15, 2018
It’s the start of the new earnings season, and Bank of America , among the first companies out of the gate, set a positive tone Monday (October 15) when it released its third-quarter financials — a report that showed mobile banking growth, along with other gains.
PYMNTS
SEPTEMBER 21, 2018
A top corporate banking executive at Bank of America (BoA) is slated to depart the institution, according to The Wall Street Journal ( WSJ ) reports Thursday (Sept. ” Bank of America has been beefing up its corporate financial services offerings in other areas as well. Jolly, Bank of America’s head of financing and channels in Global Transaction Banking, in a statement at the time.
PYMNTS
JUNE 27, 2018
Bank of America has been accused in a lawsuit of providing more than 100 accounts, used to carry out a $102 million Ponzi scheme. Bank of America, N.A., Bank of America spokesman Bill Halldin had no immediate comment on the lawsuit. Legal Bank of America Investment fraud investors Lawsuit News Ponzi Scheme SEC What's HotAccording to Bloomberg , the class-action suit, Heinert v. was filed in U.S.
PYMNTS
OCTOBER 27, 2017
Earlier this month, NovoPayment , a digital finance and transactions firm, announced news of the launch of its Developer Hub, one of the first such platforms servicing Latin America, according to a press release. Its clients include banks, financial institutions and others throughout the Americas. Merchant Innovation Anabel Perez APIs banking financial services Innovation Latin America News NovoPayments
PYMNTS
MARCH 5, 2018
Nippon Ichi Software announced news that its American division, NIS America, was the victim of a major data breach that exposed the personal and financial data of online customers. 26, we became aware of a malicious process that had attached itself to our checkout page,” NIS America said in the email. Afterward, the malicious process would return the customer to the NIS America store page to complete their transaction.”.
PYMNTS
JANUARY 23, 2017
Cash usage in the Americas is at an inflection point. And while that’s a sign of positive growth, proliferation of new payment products is chipping away at the growth, according to the brand new Global Cash Index™ Americas Analysis. percent, represents the largest cash share in the Americas, the country is fast-tracking its transition to a digital economy with new policies aimed at reducing cash usage. Total cash use in the Americas is expected to grow by 2.56
PYMNTS
MAY 30, 2018
What will it take to make Latin America more digital — in payments, commerce, FinTech or even healthcare? Cash remains king in the region, with about two-thirds of consumers in Latin America preferring that payment method over credit, according to estimates. That’s a high hurdle for any company hoping to win profit via digital channels in Latin America. Looking at the data, penetration of mobile phones in Latin America is similar to the case of M-Pesa.
Bank Innovation
OCTOBER 11, 2018
Bank of America is proud of its virtual assistant, Erica, which has 3.5 Exclusive Innovations Mobile Online Open Fintech Payments Premium Retail artificial intelligence Bank of America Erica virtual assistant
PYMNTS
AUGUST 17, 2018
To help Mall of America merchants engage with Chinese consumers, CITCON has teamed up with the shopping complex to offer stores a cross-border mobile payments system. Mobile Payments Alipay Chinese consumers cross-border payments digital payments Mall of America News Payment Methods payment options WeChat Pay What's Hot
Bank Innovation
NOVEMBER 21, 2018
Cards Daily Post 2 DataBank Mobile Online Open Fintech Payments Premium Bank of America Venmo ZelleThe U.S. is still far from a cashless society, but something important is nonetheless changing in this regard -- consumer perception. Digital payments have a long way to go in the U.S.,
PYMNTS
JULY 2, 2018
According to Tom Durkin, Bank of America ‘s head of digital channels, financial institutions have a new opportunity to embrace this development. ” A 2017 survey from Bank of America found a 14 percent increase in the number of consumers using mobile banking apps compared to 2015. Today (July 2), Bank of America announced its latest initiative in corporate mobile banking. Enterprise processes are starting to look a lot more like the consumer world.
Bank Innovation
OCTOBER 23, 2018
Bank of America’s virtual assistant Erica is a perfect example of how the bank is using “AI to make (BofA) better and make it better at scale,” according to Cathy Bessant, chief operations and technology officer at the bank.
Chris Skinner
FEBRUARY 27, 2018
I recently wrote this piece for Raconteur’s Sunday Times supplement, and thought it might interest The Finanser’s readers: ‘When we in the West look to America for innovation, we are looking the wrong way’ I often talk about the world of change we are going through and how Europe and America are … The post Don’t look to America for innovation appeared first on Chris Skinner's blog.
PYMNTS
MAY 26, 2017
Bank of America is treading familiar ground for an big bank – Chase, Capital One and Wells Fargo have all made similar integrations with the likes of Intuit, Xero and Finicity. “We We value customer choice and want customers to securely access their information when and where they want,” says Moore, head of digital banking at Bank of America. Banking News Bank of America banking What's Hot
Bank Innovation
JULY 23, 2018
With over 25 million mobile bank users on the retail side, Bank of America is shifting attention to ramping the numbers on the commercial side, with the launch of a mobile app for its prepaid commercial cards.
PYMNTS
JUNE 28, 2018
Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Mexico suffers the most cyberattacks in Latin America, followed by Brazil, according to the latest analysis from the Wilson Center. And as regulators in Latin America update FinTech regulations to help drive digital payment development, security issues more often become part of discussions surrounding those efforts.
PYMNTS
JANUARY 24, 2018
The business, which is called TREVLS, opened at the Mall of America in Bloomington. We’re thrilled that our first location is within Mall of America, which allows us to reach more drivers switching to electric vehicles,” John Marino, founder and CEO of TREVLS, told Chain Store Age. Innovation electric cars Elon Musk Mall of America News Retail Tesla What's Hot
Bank Innovation
JANUARY 24, 2018
EXCLUSIVE- Echoing the mandate of PSD2, Bank of America Merrill Lynch today unveiled an API gateway that seeks to connect its commercial clients to fintechs and other third-party vendors. Bank of America Merrill Lynch […].
PYMNTS
JUNE 3, 2016
Security & Fraud authentication Bank of America Bank of America Merrill Lynch Digital Identity Tracker Main Feature Socure Tracker Series What's happening nowBoA finds success in simplicity and security .
PYMNTS
FEBRUARY 2, 2018
Bank of America (BofA) officially announced it “will begin declining credit card transactions with known cryptocurrency exchanges” today through a memo distributed to employees on Thursday (Feb. Bitcoin Bank of America bitcoin cryptocurrency jpmorgan News Payment Methods What's HotThe second-largest U.S. bank is banning customers from purchasing cryptocurrencies using its credit cards, according to Bloomberg reports.
Bank Innovation
SEPTEMBER 13, 2018
Only months after launching a digital prepaid card for its corporate customers, Bank of America Merrill Lynch continues to expand its digital offerings for its corporate clients.
PYMNTS
SEPTEMBER 27, 2017
Bank of America Merchant Services laid off about 10 percent of its staffers last week, with sources saying that the cuts are the result of restructuring. In 2013, Bank of America Merchant Services was the top U.S. While that purchase-volume metric had grown to $546 billion by last year, Bank of America slipped to the second-largest acquirer by Visa and Mastercard purchase volume after J.P. Personnel Bank of America BoA first data Merchant Services News What's Hot
Bank Innovation
OCTOBER 5, 2018
Bank of America is hoping to bridge that gap, albeit in a small way, by allowing its clients to move seamlessly between Bank of America, Merrill Lynch, Merrill Edge, and U.S.
Bank Innovation
MARCH 2, 2018
EXCLUSIVE – Bank of America is all set to launch its AI powered bot Erica this month, Michelle Moore, head of digital banking at BofA told Bank Innovation. Exclusive Innovations Mobile Online Operations Payments artificial intelligence Bank of America chat bot Erica machine learning
PYMNTS
MAY 3, 2018
Cross-border small business payments company Veem is partnering with America’s Credit Union (ACU) to expand its reach to small business (SMB) customers. B2B Payments America's Credit Union API B2B Credit Union cross-border payments News SMBs Veem What's Hot In B2BACU will link its SMB clients to Veem’s global payment services, the companies said in a press release on Wednesday (May 2).
PYMNTS
OCTOBER 21, 2016
Bank of America Merrill Lynch, a player in transaction services, and ModoPayments, a digital payments company, announced Thursday (Oct. In a press release , the companies said, through the hub, Bank of America Merrill Lynch clients will have the ability to connect with multiple emerging payment networks. Additionally, collaborating with Modo will allow Bank of America Merrill Lynch to rapidly explore additional areas of innovation in transaction services. “We
PYMNTS
JUNE 12, 2018
Bank of America announced Tuesday (June 12) that Erica, its AI voice-activated virtual financial assistant that is available through its mobile banking app, has surpassed one million users. In a press release , Bank of America said the milestone was achieved within two months of completing the phased rollout of Erica, which is now available to mobile clients nationwide.
PYMNTS
APRIL 14, 2016
Bank of America just took a major step toward extending its mobile banking services to a growing base of millennials that are steering away from traditional banking. Mobile Bank of America chatbot Facebook What's Hot
PYMNTS
MAY 22, 2018
There is much to like in the current economic snapshot of the U.S. The overall unemployment rate has slipped below 4 percent — the lowest it’s been in nearly 20 years. After a brief dip in consumer spending early in the year, consumer enthusiasm for shopping seems to have returned as sales numbers in retail have been stronger than expected of late. Even big brick-and-mortar players like Macy’s have shown signs of reversing their recent ill fortune by luring customers back into their stores.
PYMNTS
JANUARY 23, 2018
Bank of America is facing backlash from customers who’re getting shut out of the company’s free checking account offering. According to news from CNBC, citing Mel San, a Bank of America customer who started a Change.org petition that has gained 46,000 signatures so far, customers are upset that Bank of America is doing away with its eBanking checking account that gave them access to free checking. This is what made Bank of America different,” wrote San, according to CNBC. “I
PYMNTS
NOVEMBER 7, 2016
The stakes are high for businesses of all sizes, and the latest data on corporates in America makes that abundantly clear. ” B2B Payments 2016 Presidential Election B2B Cash Management Corporate America corporate finance Featured News small business employmentIt’s one day to election day in the U.S., and as always, national economic issues are at the top of voters’ minds.
PYMNTS
SEPTEMBER 26, 2017
Additionally, Bank of America is looking to strike a difficult balance between customer convenience and security from data breaches. “We We need to know what our customers really want to use before we can commercialize something and put it out to [them],” said Hari Gopalkrishnan, managing director of Consumer-Facing Platforms and Technology for Bank of America.
Bank Innovation
JULY 16, 2018
Bank of America will invest about $75 million per quarter in technology from now through the rest of 2019, the bank reported in its earnings call today. Cards Commerce Exclusive Innovations Lending Mobile Online Open Fintech Operations Payments PFM Premium Retail Bank of America Erica Zelle
Bank Innovation
JANUARY 23, 2018
EXCLUSIVE – Bank of America Merrill Lynch has added a new feature to its Virtual Payables product, an offering which allows its commercial clients to automate post-invoice payments.
PYMNTS
JULY 16, 2018
Continuing the recent string of earnings from big banks – a string that kicks off earnings season per tradition – Bank of America said loan growth and a boost in digital initiatives boosted results in the second quarter. The company also stated that last year’s well-publicized tax reform has given Bank of America about $500 million to deploy through the next few quarters, earmarked for technology.
PYMNTS
MARCH 29, 2018
When Dunkin’ Donuts came up with the slogan “America runs on Dunkin,’” the company was pretty clearly being metaphorical. That’s no longer the case, as the fast food company has decided to take a turn for the literal in their newest marketing campaign.
Bank Innovation
OCTOBER 17, 2016
Innovations Mobile Online Bank of America Chase Mobile banking online banking Wells Fargo
Bank Innovation
JUNE 8, 2016
After a yearlong absence, Bank of America’s mobile app is now available on Windows mobile devices. Innovations Mobile Online app Bank of America Microsoft Windows Windows 10
PYMNTS
APRIL 16, 2018
Continuing the run of earnings beats for banks, Bank of America announced news on Monday (April 16) that loan growth helped lift results above Wall Street estimates, while digital initiatives showed strong momentum. As for credit quality, Bank of America said in its release that “overall credit quality remained strong across both the consumer and commercial portfolios.”. Earnings Bank of America Digital Banking earnings loans mobile News P2P revenue Wall Street What's Hot Zelle
Bank Innovation
AUGUST 28, 2017
Bank of America filed for nine more blockchain patents. In total, Bank of America now has filed for over 30 blockchain patents since last year. Cryptocurrency Exclusive Mobile Payments Bank of America BlockChain paymentsThese filings were recently made public by the U.S.
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