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It was a phenomenal Friday (April 3) for Bank of America. Bank of America boasted that it was the first major financial institution (FI) to begin accepting applications for the federal $349 billion relief program on day one. MORE
In a civil investigation that recently came to light, the Consumer Financial Protection Bureau (CFPB) is looking into Bank of America as part of a probe that came out of the phony accounts scandal at Wells Fargo. MORE
The new fund plans to invest in technology companies across Latin America, going after the same industries and sectors that SoftBank already invests in. The fund will also help existing portfolio companies to expand in Latin America. 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
B2B Payments accounting Acquisition B2B brazil international Latin America News payroll Sage SMBs software U.K. 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 has redesigned its mobile app for the iPad. Exclusive Innovations Mobile Online Open Fintech Payments Premium Apple Bank of America Bank of America Merrill Lynch Erica iPad JPMorgan Chase Zelle MORE
Bank of America said it has agreed to allow 50,000 mortgage customers to defer payments for three months because they've lost income as a result of the pandemic. Bank of America Servicing Coronavirus MORE
Bank of America has a new source of small business data. Payments Premium Retail Bank of America Bank of America Merrill Lynch Merrill Edge Merrill Lynch Mobile banking QuickBooks small business banking 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
Visa and banking-as-a-service platform NovoPayment are expanding their strategic partnership to advance the deployment of digital solutions in Latin America and the Caribbean, Visa said in a press release on Tuesday (Dec. MORE
Bank of America has reportedly become the first large bank to be able to take digital applications for the $350 billion small business loan program that is part of the government’s coronavirus relief package. A separate report noted that Bank of America Corp. MORE
Bank of America has announced that it has joined the Marco Polo Network , the leading trade and working capital finance network. B2B Payments B2B Bank of America banking global trade finance Marco Polo Network News transparency What's Hot In B2B MORE
Hitachi Capital America , Hitachi’s U.S.-based In a statement, Hitachi Capital America EVP and General Manager of Commercial Finance and Corporate Development Mark Duncan said the takeover will help the company expand its footprint in the technology sector. MORE
In the 11 days between March 6 and March 17, 2020, John Hopkins reported 3,200 new COVID-19 cases and 65 new deaths throughout the United States. MORE
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. MORE
Zelle peer-to-peer (P2P) payments increased 76 percent year-over-year in the fourth quarter of 2019, Bank of America said on Wednesday (Jan. In its Q4 financial release , Bank of America also gave updates on its mobile and digital efforts. As it stands, Bank of America now has 38.3 MORE
Bank of America Merchant Services announced Monday (May 6) a partnership with Recurly, which runs an enterprise subscription management platform. Subscriptions isn’t the only area Bank of America Merchant Services is going after. MORE
Amazon connectivity digital ecommerce Marketplace News rural Rural America SMBs U.S According to a new study by Amazon, improved access to digital tech could help rural businesses add 360,000 full-time jobs and contribute an additional $140 million to the U.S. economy. MORE
To get a sense of the new frontiers in cybercrime, and how cryptocurrency helps fraudsters cover their tracks or finance their schemes … look, perhaps, to Latin America. Security & Fraud cryptocurrency Cybercrime fraud Latin America News MORE
Bank of America announced on Wednesday (Feb. In a press release , Bank of America said the new dashboard is available to business banking customers, giving them a view of their cash flow. The solution goes hand-in-hand with Bank of America’s mobile lending platform. MORE
Latin America is becoming a new weak spot for Uber, showing a 2 percent growth, the lowest of any region for the ride-hailing company, Reuters reported on Monday (Nov. In a statement to the news outlet, Didi Chuxing said it sees “tremendous opportunity for growth” in Latin America. MORE
American farmers, spurred by the coronavirus ‘ upending of American normality, have begun making home deliveries of fresh food in areas where popular apps like Instacart might not be available, according to a report by Reuters. MORE
The e-commerce market in Latin America presents enormous potential for retailers. Despite the possibilities, there are a number of unique challenges that retailers and payments companies need to be aware of before making such a commitment 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 obtained more patents last year than any other year in the history of the company. Artificial Intelligence Automation Blockchain Carousel Daily Post 2 Innovation Strategy Payments Product Design Retail Banking Bank of America patents MORE
For Bank of America, mobile and digital channels are sustaining its retail business. Carousel Customer Experience Retail Banking Wealth Management Bank of America 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
These days, in … The post America: a nation living in the 20th Century appeared first on Chris Skinner's blog. When did you last write a check (cheque)? When did you last receive one? Although a valid payment mechanism in some countries, it has been phased out in many. MORE
There’s a very rich ecosystem for us in Latin America.”. Softbank has also been making moves in the region, and it recently said it was going to use a $5 billion fund to invest across Latin America. Latin America ecommerce expansion Mexico City mobile News Stripe What's Hot MORE
The moves are designed to further last-mile operations in Latin America. Lange added that Latin America remains a “key market.”. As reported by The Next Web, the last-mile arena in Latin America is marked by increased competition. MORE
Bank of America will drop the Merrill Lynch name from its trading and investment banking outfits, according to reports. The move shows that Bank of America is finally moving past the crisis and the problems it wrought, and focusing on renaming some of its acquired business, including the U.S. MORE
Innovations Mobile Online Bank of America Chase Mobile banking online banking Wells Fargo 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
Latin America presents a growing regional economy, however the payments and ecommerce industries present unique challenges MORE
As restaurants across the United States shutter dine-in locations and switch to carry-out and delivery-only options, many fast casuals are discounting or totally waiving delivery fees in an effort to not only help keep their businesses alive but to do also make it easier for Americans to access foo MORE
America Related Topics PYMNTS
APRIL 3, 2020
It was a phenomenal Friday (April 3) for Bank of America. Bank of America boasted that it was the first major financial institution (FI) to begin accepting applications for the federal $349 billion relief program on day one.
PYMNTS
APRIL 3, 2020
Bank of America has reportedly become the first large bank to be able to take digital applications for the $350 billion small business loan program that is part of the government’s coronavirus relief package. A separate report noted that Bank of America Corp.
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Bank Innovation
FEBRUARY 9, 2020
Bank of America obtained more patents last year than any other year in the history of the company. Artificial Intelligence Automation Blockchain Carousel Daily Post 2 Innovation Strategy Payments Product Design Retail Banking Bank of America patents
Chris Skinner
AUGUST 28, 2019
These days, in … The post America: a nation living in the 20th Century appeared first on Chris Skinner's blog. When did you last write a check (cheque)? When did you last receive one? Although a valid payment mechanism in some countries, it has been phased out in many.
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Mobile Payments Today
JUNE 6, 2019
Latin America presents a growing regional economy, however the payments and ecommerce industries present unique challenges
American Banker
APRIL 1, 2020
Bank of America said it has agreed to allow 50,000 mortgage customers to defer payments for three months because they've lost income as a result of the pandemic. Bank of America Servicing Coronavirus
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PYMNTS
AUGUST 30, 2019
The moves are designed to further last-mile operations in Latin America. Lange added that Latin America remains a “key market.”. As reported by The Next Web, the last-mile arena in Latin America is marked by increased competition.
Mobile Payments Today
FEBRUARY 6, 2020
The e-commerce market in Latin America presents enormous potential for retailers. Despite the possibilities, there are a number of unique challenges that retailers and payments companies need to be aware of before making such a commitment
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.
Bank Innovation
DECEMBER 14, 2018
Bank of America has redesigned its mobile app for the iPad. Exclusive Innovations Mobile Online Open Fintech Payments Premium Apple Bank of America Bank of America Merrill Lynch Erica iPad JPMorgan Chase Zelle
Chris Skinner
AUGUST 1, 2018
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.
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PYMNTS
AUGUST 6, 2019
There’s a very rich ecosystem for us in Latin America.”. Softbank has also been making moves in the region, and it recently said it was going to use a $5 billion fund to invest across Latin America. Latin America ecommerce expansion Mexico City mobile News Stripe What's Hot
PYMNTS
FEBRUARY 28, 2020
To get a sense of the new frontiers in cybercrime, and how cryptocurrency helps fraudsters cover their tracks or finance their schemes … look, perhaps, to Latin America. Security & Fraud cryptocurrency Cybercrime fraud Latin America News
PYMNTS
NOVEMBER 11, 2019
Latin America is becoming a new weak spot for Uber, showing a 2 percent growth, the lowest of any region for the ride-hailing company, Reuters reported on Monday (Nov. In a statement to the news outlet, Didi Chuxing said it sees “tremendous opportunity for growth” in Latin America.
Bank Innovation
OCTOBER 15, 2019
For Bank of America, mobile and digital channels are sustaining its retail business. Carousel Customer Experience Retail Banking Wealth Management Bank of America
PYMNTS
SEPTEMBER 18, 2019
In a civil investigation that recently came to light, the Consumer Financial Protection Bureau (CFPB) is looking into Bank of America as part of a probe that came out of the phony accounts scandal at Wells Fargo.
PYMNTS
JANUARY 15, 2020
Zelle peer-to-peer (P2P) payments increased 76 percent year-over-year in the fourth quarter of 2019, Bank of America said on Wednesday (Jan. In its Q4 financial release , Bank of America also gave updates on its mobile and digital efforts. As it stands, Bank of America now has 38.3
PYMNTS
MARCH 25, 2020
American farmers, spurred by the coronavirus ‘ upending of American normality, have begun making home deliveries of fresh food in areas where popular apps like Instacart might not be available, according to a report by Reuters.
PYMNTS
MARCH 7, 2019
Hitachi Capital America , Hitachi’s U.S.-based In a statement, Hitachi Capital America EVP and General Manager of Commercial Finance and Corporate Development Mark Duncan said the takeover will help the company expand its footprint in the technology sector.
PYMNTS
FEBRUARY 6, 2019
Bank of America announced on Wednesday (Feb. In a press release , Bank of America said the new dashboard is available to business banking customers, giving them a view of their cash flow. The solution goes hand-in-hand with Bank of America’s mobile lending platform.
Mobile Payments Today
MARCH 19, 2020
As restaurants across the United States shutter dine-in locations and switch to carry-out and delivery-only options, many fast casuals are discounting or totally waiving delivery fees in an effort to not only help keep their businesses alive but to do also make it easier for Americans to access foo
PYMNTS
MARCH 15, 2019
Amazon connectivity digital ecommerce Marketplace News rural Rural America SMBs U.S According to a new study by Amazon, improved access to digital tech could help rural businesses add 360,000 full-time jobs and contribute an additional $140 million to the U.S. economy.
PYMNTS
DECEMBER 4, 2019
Visa and banking-as-a-service platform NovoPayment are expanding their strategic partnership to advance the deployment of digital solutions in Latin America and the Caribbean, Visa said in a press release on Tuesday (Dec.
PYMNTS
MARCH 3, 2020
B2B Payments accounting Acquisition B2B brazil international Latin America News payroll Sage SMBs software U.K.
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
FEBRUARY 25, 2019
Bank of America will drop the Merrill Lynch name from its trading and investment banking outfits, according to reports. The move shows that Bank of America is finally moving past the crisis and the problems it wrought, and focusing on renaming some of its acquired business, including the U.S.
PYMNTS
SEPTEMBER 23, 2019
Bank of America has announced that it has joined the Marco Polo Network , the leading trade and working capital finance network. B2B Payments B2B Bank of America banking global trade finance Marco Polo Network News transparency What's Hot In B2B
PYMNTS
MAY 6, 2019
Bank of America Merchant Services announced Monday (May 6) a partnership with Recurly, which runs an enterprise subscription management platform. Subscriptions isn’t the only area Bank of America Merchant Services is going after.
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
Bank Innovation
OCTOBER 17, 2016
Innovations Mobile Online Bank of America Chase Mobile banking online banking Wells Fargo
Bank Innovation
MAY 1, 2019
Bank of America has a new source of small business data. Payments Premium Retail Bank of America Bank of America Merrill Lynch Merrill Edge Merrill Lynch Mobile banking QuickBooks small business banking 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
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
MARCH 7, 2019
The new fund plans to invest in technology companies across Latin America, going after the same industries and sectors that SoftBank already invests in. The fund will also help existing portfolio companies to expand in Latin America.
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.
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