Bank of America

Bank of America introduces upgraded version of mobile banking app

Bank of America has released the upgraded version of its mobile banking app featuring its AI-powered virtual financial assistant Erica,…

Bank of America to open 30 financial centres in Ohio

Bank of America has set up its first financial centre in Ohio, with plans to establish 30 such locations in…

Bank of America to introduce App-to-App mobile banking feature

Bank of America is set to introduce its App-to-App feature. It enables customers to move between Bank of America, Merrill…

Bank of America introduces AI–based virtual financial assistant

Bank of America has introduced artificial intelligence (AI)-based virtual financial assistant called Erica to help its customers with their financial…

Bank of America to relocate up to 125 staff to Ireland

Bank of America’s wealth management division Merrill Lynch has decided to relocate up to 125 employees to Ireland as a…

Bank of America introduces new platform to digitise mortgage application process

Bank of America has launched a digital mortgage platform to enable customers to apply for a mortgage through the bank’s…

Bank of America plans to open 500 branches in four years

Bank of America (BofA) has planned to open more than 500 new financial centres or branches across the US over…

Bank of America consumer banking unit profit rises 14% in Q4

The consumer banking unit of Bank of America has posted a net income of $2.19bn for the fourth quarter of…

First American to acquire Bank of America’s lien release business

First American Financial, a provider of title insurance, settlement services and risk solutions for real estate transactions, has agreed to…

Bank of America taps Intel to introduce biometric authentication

Bank of America (BofA) has selected Intel to introduce fingerprint-based authentication for its online banking services. The bank will implement…