Post Tagged with: "BofA"

Realtime Network Grows with Addition of Capital One

Realtime Network Grows with Addition of Capital One

by July 11, 2016 at 11:42 am 1 comment

Capital One will be the fifth bank to go live with realtime peer-to-peer payments on the clearXchange network, it was announced this morning. Capital One 360 customers can currently receive realtime payments from other banks in the network, which now includes Bank of America, JPMorgan Chase, U.S. Bank, and, most recently,Read More

Bank of America Updates App with Check Order Options

Bank of America Updates App with Check Order Options

by May 4, 2016 at 1:13 pm 1 comment

It seems that banks have been busy updating their mobile apps with check features in the past week, despite the fact that checks have been declining in popularity in recent years. Bank of America now allows customers to order checks through its mobile app, “thanks to all the great feedback and featureRead More

Bank of America Chief Executive Officer Brian Moynihan
Courtesy: Bank of America

BofA’s Moynihan Lets Slip That Processing Costs Are 90% Lower via Mobile

by October 15, 2015 at 9:58 am 0 comments

So now we know. Brian Moynihan, the chairman and chief executive of Bank of America, disclosed yesterday the rate of savings the megabank is getting from its customers shifting to mobile banking for services: 90%. Indeed, Moynihan said on an investor call yesterday that mobile “is one-tenth the cost relative toRead More

BankAmeriDeals Rolls Out to All 50 States

BankAmeriDeals Rolls Out to All 50 States

by August 8, 2012 at 12:48 pm 3 comments

Bank of America’s version of Groupon has rolled out to its online banking customers nationwide this week. The program first piloted last January.

BofA Turns On clearXchange P2P Service; Chase Next

BofA Turns On clearXchange P2P Service; Chase Next

by July 27, 2012 at 12:37 pm 8 comments

Bank of America Corp. officially rolled out its clearXchange service yesterday, a move that the nation’s second-largest bank by assets says enhances its already existing banking P2P transfer service.