Post Tagged with: "Bank of America"

Bank of America-Viewpost Partnership Brings Digital Payments to SMEs

Bank of America-Viewpost Partnership Brings Digital Payments to SMEs

by August 25, 2016 at 3:05 pm 0 comments

Bank of America, a financial institution with 3.2 million small business customers, announced today it has partnered with fintech startup Viewpost to open the wider world of fintech, specifically the modernization of payments, to small businesses. “It’s important to move the dialogue beyond the transactional friction,” said Max Eliscu, CEO of Viewpost. HeRead More

Bank of America Wants You to Love Its App [VIDEO]

by August 19, 2016 at 9:15 am 1 comment

A series of videos from Bank of America, released this week, features a talking llama that wants you to “llove” your BofA app. The videos feature a deadpan llama describing his mobile app in various absurd situations, such as an alien visitation. Aliens cavort in the background while llama priases the BofARead More

Top 20 Finance Apps: Chase Mobile vs. Credit Karma

Top 20 Finance Apps: Chase Mobile vs. Credit Karma

by August 4, 2016 at 12:47 pm 3 comments

Chase Mobile and Credit Karma are locked in a struggle to claim the number one slot among finance apps this week, with Chase Mobile topping the iOS charts and Credit Karma emerging as number one for Google Play. PayPal and Wells Fargo Mobile also vied for spots four and five on the lists,Read More

New Bank of America Video Shows Mobile Mortgage Process

New Bank of America Video Shows Mobile Mortgage Process

by August 2, 2016 at 12:23 pm 0 comments

A new video from Bank of America shows a tool called Home Loan Navigator that allows borrowers to manage the mortgage process via mobile — sort of. It shows a happy couple watching the stages of their loan process on a tablet (spoiler: it’s approved). One part of the videoRead More

Bank of America Doubles Down on Credit Scores

Bank of America Doubles Down on Credit Scores

by July 28, 2016 at 11:21 am 1 comment

Bank of America last Tuesday introduced version 7.0.0 of its iPhone mobile app, and it was noteworthy largely because of one new feature: it gives consumers access to their credit scores. Bank of America is believed to be one of the few financial institutions to offer consumers unfettered access to their creditRead More

SMS No Longer Secure for 2-Factor Authorization

SMS No Longer Secure for 2-Factor Authorization

by July 27, 2016 at 2:38 pm 1 comment

It might be time to say goodbye to those text messages containing PINs to help you log into your favorite banking site. The U.S. National Institute of Standards and Technology (NIST) released a draft of its latest guidelines on digital authentication this week, and it contains a disturbing bit ofRead More

Chase Outpaces Rivals in Mobile Banking Race

Chase Outpaces Rivals in Mobile Banking Race

by July 18, 2016 at 11:05 am 2 comments

JPMorgan Chase is winning the mobile game. Bank of America held its second-quarter earnings call today, and was the last of the nation’s largest banks to do so. Mobile is of interest on bank earnings calls primarily as a cost-saving measure, as digital customers are less expensive to serve. For instance,Read More

Chase to Launch Its Own P2P App

Chase to Launch Its Own P2P App

by July 15, 2016 at 11:21 am 1 comment

JPMorgan Chase & Co. building a peer-to-peer payment app featuring its QuickPay service, which is tied into the clearXchange network, CEO Jamie Dimon announced yesterday. Dimon did not say when the app would be launched, only that it “will be rolled out shortly.” Interestingly, Dimon seemed to indicate that JPM would make theRead More

U.S. Bank Removes Fees on Instant P2P Payments

U.S. Bank Removes Fees on Instant P2P Payments

by July 6, 2016 at 5:11 pm 4 comments

U.S. Bank has abruptly reversed course on charging for realtime payments via the clearXChange network. Effective yesterday, U.S. Bank customers can make realtime P2P payments for free, just like the customers at the five other clearXchange member banks. Previously, U.S. Bank charged $6.95 for realtime payments and $2.95 for next-dayRead More

Ally Adds Android Pay and Samsung Pay to Boost Mobile Payments

Ally Adds Android Pay and Samsung Pay to Boost Mobile Payments

by June 23, 2016 at 10:44 am 1 comment

Ally Bank belongs to the “open-wallet camp,” for now. The online bank introduced Android Pay and Samsung Pay integration for its debit cards, in addition to the existing Apple Pay option, Ally announced yesterday. The addition of these two mobile payment services, according to CEO Diane Morais, expands the optionRead More