Tag: Bank of America
BofA launches unified app to redefine client experience
Bank of America (BofA) has received the 2024 Celent Model Bank award for customer-centred innovation after combining five apps into one.
BofA recently introduced a...
Wells Fargo and Bank of America to implement Bitcoin ETFs
Two major US financial institutions, Wells Fargo and Bank of America are set to introduce Bitcoin ETFs following the surge of price of the...
Digesting the Digits – Barclays cleared in APP fraud case
Number crunching is a key component of the payment industry, with digits scattered across the sector’s key stories.
Each week, Payment Expert digests these digits...
Bank of America ordered to pay $100m over anti-consumer practices
The Bank of America has been ordered by the Consumer Financial Protection Bureau (CFPB) to pay over $100m in penalties over immoral practices.
This follows...
PPS – Karine Martinez: Have big banks missed the digital wallet...
Karine Martinez, Head of Sales at PPS, writes for Payment Expert examining the approach of banks when it comes to digital wallets - analysing...
US banks unite to develop a digital wallet to rival Apple...
Wells Fargo, JP Morgan Chase, and the Bank of America are reportedly set to collaborate on the development of a digital wallet that would...
BofA introduces ‘Recipient Select’ to enhance B2C payments
Bank of America (BofA) has launched ‘Recipient Select’ to enable companies with frequent payments to consumers to provide the latter the ability to choose...
Bank of America enhances offering with cross-border payments tracker
Bank of America has enhanced its offering with the launch of a CashPro self-service tool that increases real-time visibility into international payments.
Accessible through the...
Bank of America boosts cross-currency transactions with new omni-channel solution
Seeking to respond to the dual imperatives of cross-currency transactions, Bank of America has launched an omnichannel offering that now includes API (application programming...
Sweden tops 2020 regulatory AML fines
Global risk management and security auditor Duff & Phelps has published its latest ‘Global Enforcement Review’, documenting international developments related to monitoring AML activities...
