Post Tagged with: "Bank of America"

Apple Pay-BofA Double-Charging Issue Should Be Fixed Today

by October 22, 2014 at 4:46 pm 1 comment

Apple Pay’s double charges aren’t Apple’s Fault, it’s Bank of America’s. CNN’s Samuel Burke reported earlier today that he noticed double charges on his Bank of America card. However, based on information obtained by Bank Innovation from sources within Apple and Bank of America, the problem is only affecting “a small amount of people…around 1000.”

Apple Pay Is a Marketing Expense for Banks

Apple Pay Is a Marketing Expense for Banks

by October 22, 2014 at 11:52 am 0 comments

Apple is a marketing expense for banks, says an industry expert.

PNC and Key Both Talk ‘Mobile-First’ Customers

PNC and Key Both Talk ‘Mobile-First’ Customers

by October 16, 2014 at 11:48 am 0 comments

PNC Bank and Key Bank both discussed mobile-first customers on their earnings calls yesterday.

Big Banks Continue to Rack Up Mobile Banking Users

Big Banks Continue to Rack Up Mobile Banking Users

by October 15, 2014 at 10:28 am 3 comments

Mobile banking user growth shows no sign of slowing at three of the nation’s largest banks.

Everyone Wants Under the Apple Tree

Everyone Wants Under the Apple Tree

by September 15, 2014 at 3:02 pm 0 comments

Never in the history of payments has there been such a media-frenzied, corporate disrupting and consumer-captivating moment as last week’s unveiling of Apple Pay.

Apple Said to Negotiate Deep Payments Discounts from Big Banks

Apple Said to Negotiate Deep Payments Discounts from Big Banks

by September 4, 2014 at 12:39 pm 126 comments

The Silicon Valley giant is now said to have reached deals for lower transaction fees with five of the largest financial institutions in the nation.

Smaller Banks Not Sweating EMV Liability Shift

Smaller Banks Not Sweating EMV Liability Shift

by August 22, 2014 at 10:50 am 2 comments

Community banks are taking a more “calculated” approach as the EMV liability deadline approaches.

Bank of America Falls Behind in Mobile Banking Growth

Bank of America Falls Behind in Mobile Banking Growth

by July 16, 2014 at 11:57 am 0 comments

It appears Bank of America is not keeping pace with Wells Fargo & Co. and JPMorgan Chase in the drive to bring users to its mobile platform. A year ago, Bank of America had about 800,000 fewer mobile users than JPMorgan Chase. Today that number is closer to 1.7 million.

Here’s How TouchID Works In iOS 8

by July 1, 2014 at 11:44 am 1 comment

Developers have already started integrating Touch ID into their apps. Check out the videos here.

Death by 1,000 Cuts: Apple, Facebook and Bank Fees

Death by 1,000 Cuts: Apple, Facebook and Bank Fees

by June 12, 2014 at 2:42 pm 0 comments

Last week, it was disclosed that Apple’s iOS 8 would allow consumers to scan their credit cards for mobile payments. The announcement barely registered on the banking industry’s radar, especially with all the iPhone 6 hubbub. It should have. This is just one more in a series of developments thatRead More

Capital One Looks To Hire Bitcoin Experts

Capital One Looks To Hire Bitcoin Experts

by June 9, 2014 at 2:28 pm 0 comments

If you know bitcoins, Capital One Financial Corp. wants to hire you. Specifically, Cap One is looking to hire data scientists with extensive knowledge of Bitcoin, cryptocurrency, and other emerging technology, according to a job posting on its career page. First noted by Coindesk, the job posting is for aRead More