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25 Million Mobile Users, Only 2 Million on Bank of America’s Erica

Bank Innovation

Bank of America might have 25.3 Keep in mind that we started the rollout earlier this year with Rhode Island (which has a relatively small population) and completed in all markets in June," Betty […]. million active mobile users, but only two million of those users are using the bank's virtual assistant Erica.

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Another 6.6M Americans File For Unemployment As Layoffs Continue

PYMNTS

The largest decreases were in Nevada, down 20,356; Rhode Island, down 8,047; and Minnesota, 6,678. . economist of Bank of America Merrill Lynch, told USA Today. “It It tells you about the strain in corporate America as a result of COVID.” . That is roughly one-third of all the positions in the country.

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House Financial Services Committee to hold March 4 hearing on auto insurance

CFPB Monitor

The scheduled witnesses are: Douglas Heller, Insurance Expert, Consumer Federation of America. Elizabeth Kelleher Dwyer, Superintendent of Insurance, the State of Rhode Island, on behalf of the National Association of Insurance Commissioners. Eric Poe, CPA and Chief Operating Office, CURE Auto Insurance.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

And New Hampshire is far from unique: According to the Monitor’s reports, both Connecticut and Rhode Island have seen similar results with their online gambling platforms. And, according to Bank of America analysis, this is the beginning of a boom, not the end of one.

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How Charitable Giving Boosts Online BNPL Sales, Customer Engagement

PYMNTS

When COVID-19 was declared a pandemic in March, Casely teamed up with Westerly, Rhode Island-based Ivory Ella , an online for-profit retail company that donates a percentage of profits to organizations, including Save the Elephants.

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The Mr. Rogers Remedy For Keeping Calm Through COVID-19

PYMNTS

And then there is the host of firms – including Bank of America , PayPal, Visa, Morgan Stanley and Starbucks, among others – that have added certainty to uncertain times for their workforce by pledging to make no layoffs. million masks to be flown on the Pats plane for distribution in Massachusetts, New York and Rhode Island.

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BofA lending to states that don't want to wait on Fed

American Banker

Instead, they're working with a lender that they have a much longer history with: Bank of America. Some states aren't waiting on the Federal Reserve to help with the historic hits to their budgets.

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