Bank Innovation

APRIL 15, 2020

Bank of America customers are shifting toward digital tools. Paul Donofrio, Bank of America’s chief financial officer, said in a statement that despite the […].

America 293

America Payments Tools Data 293

Perficient

DECEMBER 15, 2021

Bank of America is ready to compete with Venmo by introducing a Zelle widget. The Zelle widget can be added to the home screen of a mobile device, similar to a weather widget, so that bank customers can send money.

America 285

America Payments Mobile Capital 285

PYMNTS

JUNE 3, 2020

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It now operates in 18 countries in Latin America. According to eMarketer, eCommerce made up about 4 percent of the total spent last year in Latin America, due mostly to its cash-heavy economy.

America 248

America Fraud Fintech Payments 248

PYMNTS

DECEMBER 10, 2020

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. 10) press release. and Ireland at SWIFT. .

America 261

America Payments User Experience Compliance 261

Payments Dive

JUNE 6, 2019

Latin America presents a growing regional economy, however the payments and ecommerce industries present unique challenges.

America 361

America Regional Payments Industry 361

BankInovation

MAY 19, 2023

Bank of America this week launched its Breakthrough Lab accelerator program for startups to network and gain access to technology support their companies need to scale. The six-month mentorship program follows two previous pilot programs the bank hosted in 2021 and 2022, according to a Bank of America release. “We

America 52

America Technology Company 52

Bank Innovation

JANUARY 17, 2018

Bank of America has more blockchain-related patents than any other firm in the U.S., According to the report, Bank of America has 43 patents while Mastercard and IBM have 27 each, followed by 14 from Fidelity. according to a new report by New York-based law firm EnvisionIP. The report counted a total of 1,045 blockchain […].

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blockchain America New York Report 342

PYMNTS

JUNE 19, 2020

It was a big week for B2B FinTech startups in Latin America. “Latin America is a highly attractive growth market for us, and the acquisition of Omni will significantly expand our capabilities in this important region,” the firm’s Founder and CEO Lex Greensill said in a statement.

Fintech 182

Fintech America Capital blockchain 182

Payments Dive

JUNE 30, 2020

Wirecard North America officials said the company was looking for a new owner as the multi-billion accounting scandal at the German-based payments firm reverberated across the globe. UK regulators reached agreement to let operations resume there.

America 286

America Operations Regulation Payments 286

Bank Innovation

OCTOBER 4, 2016

So much has happened with blockchain over the past couple of weeks—so very much—but let’s talk about the banks: Firstly, Bank of America is the latest to join the ranks of financial institutions experimenting with blockchain. Bank of America Merrill Lynch recently announced at Sibos that it was collaborating with Read More.

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blockchain America Online Technology 385

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 (..)

America 240

America Innovation 240

PYMNTS

JULY 24, 2020

malls — Minnesota’s Mall of America and New Jersey’s American Dream mall — are struggling, with the company that owns both recently skipping a third straight payment on the Minnesota property. the Mall of America features not only 500 stores, but also some 28 amusement-park rides, an aquarium and more. The two largest U.S.

America 251

America Minneapolis New Jersey Minnesota 251

PYMNTS

OCTOBER 6, 2020

Bank of America is rolling out three new application programming interfaces (APIs) as it supports the growing demand for up-to-the-moment data and processing in business treasury. The new APIs help with foreign exchange (FX) settlement, obtaining check images and retrieving reports, according to a Tuesday (Oct. 6) announcement.

America 188

America Payments Report Data 188

BankInovation

FEBRUARY 17, 2023

Bank of America is increasing its technology development spend 9% year over year in 2023 as the bank continues to invest in digitization. billion in 2022, Chief Executive Brian Moynihan said at the Bank of America Securities Financial Services […] trillion bank will spend $3.7

America 98

America Security Technology Retail 98

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 […].

Fintech 344

Fintech America Compliance Payments 344

PYMNTS

DECEMBER 10, 2020

Bank of America customers are spending more across all accounts than they did last year, but more stimulus is needed to support small businesses and people who are unemployed, according to CEO Brian Moynihan. When you look at what they’re spending year-to-date, they’ve spent more in 2020 than they did in 2019, and that is now across $2.7

America 243

America Cards Report Retail 243

PYMNTS

OCTOBER 14, 2020

The four intended to start a new marketplace software product for the Latin America region. Nuvemshop was formed by Santiago Sosa, Alejandro Vazquez, Martin Palombo and Alejandro Alfonso and went through numerous trials and errors on the way to forming.

America 215

America Payments Lending Regional 215

Payments Dive

MAY 11, 2022

Austin Mac Nab, the CEO and cofounder of Waukee, Iowa-based payments processing firm VizyPay, said the company aims to disrupt the payments landscape by catering to small town businesses.

Iowa 397

Iowa America Austin Payments 397

PYMNTS

AUGUST 22, 2019

In Latin America, news comes this week that Santander Group is boosting its use of Ripple’s technology to aid payments across what CoinDesk reported is a “payment corridor” in Latin America. That app, the site noted, uses xCurrent software. I can just send a payment from Argentina to Chile directly [using bitcoin].”

America 212

America Bitcoin Payments Fintech 212

Bank Innovation

OCTOBER 21, 2019

Santander Bank has rolled out Santander Cash Nexus, a payments tool solution for the bank’s commercial, corporate and investment banking clients in North America.

Payments 231

Payments America Tools Report 231

BankInovation

MAY 9, 2023

Bank of America has deployed its AI assistant Erica internally, freeing up resources by saving employees thousands of hours spent previously on remedial tasks. trillion bank’s team with automating data input, conducting research and analytics, and coding, Bank of America Chief Executive Brian Moynihan said […]

America 52

America Analytics Resources Data 52

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. These filings were recently made public by the U.S. Patent and Trademark Office.

blockchain 236

blockchain America Payments cryptocurrency 236

Payments Dive

MAY 27, 2022

Upstart Dutch payments processor Adyen is increasing its competition against FIS, Fiserv and Stripe on their home turf in the U.S.

America 300

America Payments 300

Bank Innovation

JANUARY 12, 2018

EXCLUSIVE — It’s another great quarter for Bank of America in terms of number of users of its P2P payment app Zelle. The bank just released numbers for the Zelle app in Q4’17 that shows it processed more than 23 million transactions amounting to almost $7 billion. That’s a 91% increase from the prior year […].

America 268

America Payments Mobile 268

PYMNTS

JUNE 18, 2020

The advance of digital payments in Latin America over the last two decades has been slow when measured against other parts of the globe. Critical to bringing digital payments into Latin America in general, and into WhatsApp in specific, is they must be secured via tokenization. ” Latin America’s Digital Path Forward.

America 180

America Payments Security Regional 180

BankInovation

JUNE 2, 2023

Bank of America expects to increase technology development spend by nearly 12% year over year as the race for generative AI innovations engulfs the financial industry. The bank is projected to hit $3.8 billion in tech spend in 2023, up from a February projection of $3.7

America 52

America Innovation Industry Technology 52

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. Our focus with innovation has been on, how can we make the lives of our customers easier?” Moore said. With Erica, customers can use their voice or.Read More.

America 236

America Digital Banking Innovation Operations 236

Bank Innovation

OCTOBER 15, 2019

For Bank of America, mobile and digital channels are sustaining its retail business. In a third-quarter earnings call Wednesday, CEO Brian Moynihan stressed the importance of digital banking offerings that are complemented by human support.

America 186

America Mobile Digital Banking Retail 186

Bank Innovation

DECEMBER 14, 2018

Bank of America has redesigned its mobile app for the iPad. The new tablet design now mirrors the look and functionality of the BofA iPhone mobile banking app.

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America Mobile Fintech Apple 186

Bank Innovation

AUGUST 16, 2017

Mobile and electronics company, Samsung and Bank of America will start working with a focus group over the next six months, as they pilot the iris authentication scan that will allow customers to log into their bank accounts on their mobiles by taking a picture of their eye. The focus group consists of 1, 5000 […].

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Samsung America Mobile Groups 307

PYMNTS

MAY 1, 2020

The CEO of Bank of America said the impact of the $2.2 In an interview on CNBC’s “Closing Bell,” on Friday (May 1) Bank of America CEO Brian Moynihan said the combined elements of the CARES Act are coming together to jumpstart the economy. He said Bank of America has processed 231,000 PPP loans representing about $24 billion.

America 164

America National US Company 164

PYMNTS

OCTOBER 14, 2020

Bank of America (BofA) said on Wednesday (Oct. trillion in spending at Bank of America, customers have spent more than they did last year,” CEO Brian Moynihan told investors and analysts on a conference call following the company’s 3Q earnings release. All told, Bank of America reported Q3 net income of $4.9 That’s down from $5.8

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America Cards Payments Conference 203

Bank Innovation

NOVEMBER 21, 2017

EXCLUSIVE – Bank of America had five million transactions via the digital payments service Zelle in October alone, an amount 35% higher than the average 3.7 million transactions per month the bank reported in September 2017. Yesterday evening, the bank announced that it processed a total of $1.5

America 218

America Payments Report Fintech 218

PYMNTS

JUNE 16, 2020

Greensill, which provides working capital finance for customers around the world, has acquired Latin America-based lender Omni, a lender to small and medium-sized businesses (SMBs). “Together we will ensure that SMEs across Latin America have the fairest access to finance available.”

America 140

America Capital Payments Fintech 140

PYMNTS

SEPTEMBER 22, 2020

To help local businesses encountering difficulty because of the coronavirus or civil unrest, the Mall of America is contributing a 5,000-square-foot retail space to local businesses called the Community Commons. The space will be rent-free to 17 companies, opening Oct.

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America Community Company Minneapolis 130

PYMNTS

JULY 23, 2020

Berkshire Hathaway , the Warren Buffett-helmed conglomerate that owns Geico , upped its stake in Bank of America (BoA) by over $800 million, in what the Financial Times (FT) reported is a vote of confidence in the lagging U.S. banking sphere.

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America New York Report Company 225

PYMNTS

MAY 18, 2020

Bank of America has lowered its rating of Square Inc. by two notches Monday (May 18), downgrading the stock to “underperform” from “buy” amid fears that shops, restaurants, and salons will struggle once COVID-19 funds are spent. Shares of the San Francisco-based mobile payment company fell by 2.29

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America San Francisco New Jersey Payments 186