Post Tagged with: "Bank of America"

Hot Hashtag: Bank of America’s #BetterMoneyHabits

Hot Hashtag: Bank of America’s #BetterMoneyHabits

by July 28, 2015 at 1:46 pm 0 comments

Sometimes hashtags get away from you. From Bank of America‘s @BofA_Tips Twitter feed, #BetterMoneyHabits is the hashtag that accompanies links to Bank of America’s curated collection of financial tips. Media is usually attached to these tweets. They’re often cute graphics or short videos containing money facts, such as this oneRead More

Top 20 Finance Apps: Apple Watch Bill Pay Climbs in Ranking

Top 20 Finance Apps: Apple Watch Bill Pay Climbs in Ranking

by July 23, 2015 at 12:02 pm 0 comments

While there was some movement in the rankings this week, and an exciting newcomer joined the mix, most apps held their places. The top three spots on both app lists remained the same as last week, with Chase Mobile taking No. 1 in the iOS store and Credit Karma inRead More

U2 Keeps Playing Bank of America’s Song

U2 Keeps Playing Bank of America’s Song

by July 20, 2015 at 3:35 pm 0 comments

U2 keeps playing up Bank of America’s involvement in its (RED) charity to cure AIDS. U2, one of the greatest rock bands in history (in my view), is currently playing an eight-night gig at Madison Square Garden in New York, and Bank of America is apparently getting props during theRead More

Share of Digital Sales at Bank of America Hits 60%

Share of Digital Sales at Bank of America Hits 60%

by July 16, 2015 at 11:42 am 0 comments

Bank of America might want to change its name to Digital Bank of America. The Charlotte, N.C., megabank is more digital bank than conventional financial institution today. That’s because 60% of the bank’s “sales” are “all digital now,” Brian T. Moynihan, Chairman and CEO of Bank of America, told investorsRead More

Bank of America Lags Wells, Chase in Mobile User Growth

Bank of America Lags Wells, Chase in Mobile User Growth

by July 15, 2015 at 11:44 am 2 comments

Sometimes adding 5,000 mobile banking customers a day — as Bank of America is doing — just isn’t enough. Bank of America Corp. is increasing mobile users more slowly than rivals JPMorgan Chase and Wells Fargo & Co. The Charlotte, N.C.-based bank announced today that it had 17.6 million mobile usersRead More

Beyond Big Data: Big Text Analytics

Beyond Big Data: Big Text Analytics

by July 9, 2015 at 10:51 am 0 comments

Big Data is valuable for banks because it can identify trends, uncover emerging issues, and forecast business outcomes. Yet leading companies are thinking beyond Big Data, and using Big Text Analytics to create a more comprehensive, intelligent customer analysis. Businesses can enrich Big Data with Big Text to develop aRead More

Hot Hashtags: Did Banks Leverage the July 4 Social Media Bonanza?

Hot Hashtags: Did Banks Leverage the July 4 Social Media Bonanza?

by July 7, 2015 at 12:17 pm 0 comments

On July 4th, Twitter exploded with tweets celebrating the founding of the United States of America, and financial services joined the party. Companies such as JPMorgan Chase, TD Bank, Citibank (which ironically used #4thofjuly on the 3rd and not the 4th), and many more joined in the celebrations and usedRead More

Welcome, Lindsay Lohan

Welcome, Lindsay Lohan

by June 9, 2015 at 3:37 pm 0 comments

Celebrity Lindsay Lohan has faded from the tabloid headlines a bit, and shifted her focus to … banking innovation? The actress, known for such films as The Parent Trap (1998), Mean Girls (2004) and The Canyons (2012), is a Twitter follower of financial services writers Brett King, Jim Marous, Ron Shevlin,Read More

The Pie Shrinks

The Pie Shrinks

by June 5, 2015 at 11:56 am 0 comments

The retail checking business ain’t what it used to be. Despite all the technology, despite all the innovations, fewer — yes, fewer — consumers are switching banks. Robert Rubin, a managing director at Novantas, where he heads the consultancy’s BankChoice Monitor product, told Bank Innovation this week that Novantas isRead More

Bank of America Admits Its Online Banking System Can Err in Charging Fees

Bank of America Admits Its Online Banking System Can Err in Charging Fees

by June 1, 2015 at 5:49 pm 0 comments

With the renewed focus on fee income now that federal regulators are for the first time tallying the revenue stream, it was particularly interesting to note the tacit admission on Friday that its online banking platform errs on occasion in charging fees. On Friday, BofA, the nation’s second-largest bank, quietly andRead More

Universal Bankers May Need a Full Year’s Training, Bank Execs Say

Universal Bankers May Need a Full Year’s Training, Bank Execs Say

by April 20, 2015 at 11:54 am 0 comments

Working at a branch may not be a viable means of getting an entry-level bank job anymore. Branch traffic is down, costs are up, and sales are flat. That’s the familiar story from America’s bank branches, and the industry is calling for employees with both broader and deeper skillsets toRead More