Post Tagged with: "channel strategy"

Key Innovation Post Vacant at Bank of America

Key Innovation Post Vacant at Bank of America

by March 17, 2014 at 10:15 am 1 comment

Bank of America Corp. employed 242,117 full-time employees at the end of last year. It desperately needs employee No. 242,118. That’s because Bank of America, the nation’s second-largest bank, is currently without a leader for digital banking strategy initiatives, and it does not look like the search is going particularlyRead More

Bank of America Reaches 12.6 Million Mobile Users, 30% YOY Growth

Bank of America Reaches 12.6 Million Mobile Users, 30% YOY Growth

by April 17, 2013 at 4:25 pm 1 comment

Bank of America reached 12.6 million mobile users in the first quarter of 2013, which is 30% higher than in the first quarter of 2012, CEO Brian Moynihan revealed in an earnings call today. The bank’s mobile users grew 5% over last quarter’s 12 million. In the first quarter of 2012,Read More

How Small Can Branches Get and Still Be Effective?

How Small Can Branches Get and Still Be Effective?

by April 17, 2013 at 1:39 pm 4 comments

Wells Fargo, known for its methodical rollout of innovations, is testing a new branch in Washington, D.C. The branch — or neighborhood store, as the bank refers to it — is just 1,000 square feet, while the traditional branch location is 3,000 square feet. The branch is not much largerRead More