Bank of America | Bank Automation News

Bank of America is increasing its technology development spend 9% year over year in 2023 as the bank continues to ...

Earnings roundup: Tech investments inconsistent amid economic uncertainty

byBrian Stone

February 9, 2023

Technology spend at banks varied during the fourth quarter of 2022 amid talk of a recession. The $3 trillion Bank ...

Listen: Large banks partner to launch new digital wallet

byBrian Stone

February 7, 2023

Bank of America, JPMorgan Chase and Wells Fargo are among seven banks teaming to launch a digital wallet in the ...

The JPMorgan Chase & Co. offices during in London. Photographer: Chris Ratcliffe/Bloomberg

Bank of America, Citi, Credit Suisse and JPMorgan launch loan platform

byWhitney McDonald

January 24, 2023

Bank of America, Citi, Credit Suisse and JPMorgan have launched a syndicated loan platform solution that captures bank data in ...

Pedestrians along Wall Street near the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Money managers betting on a sustained global rebound will be left sorely disappointed in the second half of this crushing year as a protracted bear market looms, even if inflation cools. Photographer: Michael Nagle/Bloomberg

JPMorgan, BofA show gains in headcount as Wells Fargo’s drops

byBloomberg News

January 13, 2023

Despite the layoffs across the finance industry, there were no signs of a staffing pullback in JPMorgan Chase & Co’s ...

Bank of America continues talent, tech investments

byBrian Stone

January 13, 2023

Bank of America continued to invest in technology and people during its fourth quarter amid global economic uncertainty. WHY IT ...

Bank of America: Risks, huge potential in cryptocurrency

5 Questions with … Bank of America SVP Jorge Camargo

byBrian Stone

December 22, 2022

Bank of America Senior Vice President Jorge Camargo is focused on delivering a high-tech, high-touch strategy to improve customer experiences. ...

Earnings roundup: Big banks boost tech spend, focus on digital revamps

byWhitney McDonald

November 14, 2022

Technology spend at banks grew in the third quarter as mobile usership, tech partnerships and digital enhancements remained a priority ...

Bank of America’s digital transaction volumes hit 75%

byAmanda Harris

October 28, 2022

LAS VEGAS — Bank of America’s volume of direct transactions completed through digital channels has reached 75%, Tim Owens, consumer ...

International Business Machines Corp. (IBM) signage on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, US, on Friday, Aug. 26, 2022. Stocks sank as Jerome Powell gave a short and clear message that rates will stay high for some time, pushing back against the idea of a Federal Reserve pivot that could complicate its war against inflation. Photographer: Michael Nagle/Bloomberg

IBM focuses on hybrid cloud, AI

byWhitney McDonald

October 20, 2022

IBM posted increased revenues in software, consulting and infrastructure in the third quarter as the tech company prioritized hybrid-cloud and ...

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Tag: Bank of America

Bank of America to spend $3.7B on tech development in 2023

Earnings roundup: Tech investments inconsistent amid economic uncertainty

Listen: Large banks partner to launch new digital wallet

Bank of America, Citi, Credit Suisse and JPMorgan launch loan platform

JPMorgan, BofA show gains in headcount as Wells Fargo’s drops

Bank of America continues talent, tech investments

5 Questions with … Bank of America SVP Jorge Camargo

Earnings roundup: Big banks boost tech spend, focus on digital revamps

Bank of America’s digital transaction volumes hit 75%

IBM focuses on hybrid cloud, AI

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