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Online Banking and Technology

10/28/13 10:15 am EDT

A team of students from Georgia Institute of Technology (GIT) has been named the winner of Bank of America’s 2013 Campus Challenge. The Campus Challenge is an annual event hosted by Bank of America that offers college students from participating universities the opportunity to compete for cash prizes, while developing innovative technology solutions relevant to the bank’s customers and clients. This year’s winning idea from GIT enables banks to offer customers rewards for managing their more...

10/1/13 9:30 am EDT

Bank of America today announced the opening of a new generation of banking centers that provides customers with another convenient banking option.

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8/20/13 10:05 am EDT

Bank of America today announced that it has surpassed 1 million small business mobile users. Mobile Banking provides small business owners the convenience and flexibility of managing their finances while on the go.

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4/4/13 9:30 am EDT

Bank of America today announced the launch of its newest banking innovation, ATM with Teller Assist. This next-generation banking offering combines the technology and convenience of an ATM with the human touch of a teller.

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3/19/13 9:00 am EDT

As part of its long-standing commitment to customers with visual impairments, Bank of America announced today that it is enhancing the accessibility of its award-winning Online and Mobile Banking security features.

Bank of America’s security features allow customers to safely access their accounts from home computers and mobile devices. The accessibility enhancements announced today will apply to both Online and Mobile Banking on more...

2/5/13 9:35 am EST

Bank of America Merrill Lynch Global Transaction Services (GTS) today announced the launch of the CashPro Accelerate® reporting solution across Asia Pacific. CashPro Accelerate is now available to treasury management clients in 12 markets in Asia Pacific – Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Philippines, Singapore, Taiwan and Thailand.

Combining Microsoft® Excel with XML technology, CashPro Accelerate empowers clients in Asia Pacific to accurately and more...

11/13/12 11:24 am EST

Bank of America Merchant Services, the No. 1-rated electronic payments processor in the U.S.1, today announced the upcoming release of Mobile Pay on Demand.

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11/8/12 11:26 pm EST

Bank of America Merrill Lynch has today announced Simon Lucocq as head of Technology and Operations in the Asia Pacific region. Lucocq will report to Bill Pappas, chief information officer for Global Wholesale Banking, and will join the extended leadership team of Cathy Bessant, Global Technology and Operations executive. In addition, he will have regional accountability to Matthew Koder, president of Asia Pacific, and will serve on the Asia Pacific executive committee. He will be based more...

8/16/12 2:24 pm EDT

Bank of America today named Howard Boville global head of network operations and engineering. Boville will be based in New York and will report to Bank of America Technology Infrastructure Executive David Reilly.

Boville will oversee the infrastructure and operations that enable the company to securely move data, voice, audio and video throughout its businesses.

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8/14/12 10:00 am EDT

Bank of America today announced national availability of its online and mobile cash back deals program, BankAmeriDealsTM. With a simple click of a button or tap on the screen, customers choose the deals they want through Bank of America’s Online Banking and Mobile Banking app. more...

7/26/12 3:00 pm EDT

Bank of America today launched new mobile banking products and service enhancements including Mobile Check Deposit, Person-to-Person Email and Mobile Transfers and Mobile App Alerts.

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7/23/12 9:30 am EDT

Bank of America today announced that it is rolling out chip technology on many of its consumer credit cards. The new chip technology will increase acceptance and security of the cards for international travelers.

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6/14/12 9:00 am EDT

In response to the rapid evolution of paper to electronic processing, Bank of America Merrill Lynch, a leader in global treasury solutions, has introduced an iPad application for its clients utilizing the all-digital online payment and invoicing system, Paymode-X®. Using Paymode-X for iPad, executives now have real-time access to critical corporate payments information.

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5/3/12 9:30 am EDT

Bank of America today announced that customers who qualify for the Platinum Privileges® program with their Bank of America bank and Merrill Edge investment accounts will receive 30 commission-free online equity and ETF trades per month within their Merrill Edge self-directed brokerage accounts, as well as complimentary access to Merrill Edge MarketPro. more...

3/20/12 9:00 am EDT

Bank of America Merrill Lynch, a recognized leader in global treasury and trade solutions, today announced the launch of Trade Pro®, an electronic platform for large corporate and middle market companies seeking to enhance their trade and financial supply chain operations. Trade Pro will be available through CashPro® Online, the bank’s treasury management and online banking channel for corporate and institutional clients, which offers an more...

2/2/12 11:39 am EST

NEW YORK--(BUSINESS WIRE)--U.S. Trust today announced the expansion of its Financial Empowerment Program to include comprehensive online educational resources, interactive learning modules and self-assessment and planning tools. more...

12/13/11 8:08 am EST

Bank of America announced today that John Bottega has joined the company as chief data officer. In this role, Bottega is responsible for the bank's data management strategy, policy and governance. He is based in New York and reports to Enterprise Chief Information Officer Marc Gordon.

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12/8/11 8:08 am EST

Bank of America Merchant Services, a leader in payments processing, and Money Network®, a First Data Company and premier provider of electronic payroll distribution solutions, today announced the launch of the Money Network® Payroll Distribution Service sponsored by Bank of America.

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11/7/11 8:08 am EST

Bank of America Merrill Lynch today announced the addition of three major new applications for its global treasury management and online banking channel, CashPro(R) Online, making it ea more...

10/24/11 9:00 am EDT

CHARLOTTE, N.C. & MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Bank of America and Intuit Inc. today announced the availability of Intuit® Full Service Payroll for Bank of America small business customers. The service simplifies small business owners’ lives by doing their employee payroll and payroll taxes.

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10/12/11 8:08 am EDT

Bank of America Merrill Lynch today announced the release of Multi Bank Cash Concentration (MBCC) via its centralized technology hub, the Global Liquidity Platform (GLP). The enhanced capability enables companies that work with a number of different banks, both local and global, to automatically incorporate balances held by all of those banks into a single cash concentration structure operated by BofA Merrill.

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9/19/11 8:08 am EDT

Bank of America Merrill Lynch today announced that its electronic bank account management (eBAM) service is now available to a wide range of corporate and commercial clients in the United States and Europe. The extension of service follows a successful yearlong pilot with several early adopter clients.

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9/13/11 8:08 am EDT

Bank of America Merrill Lynch, a recognized leader in global treasury solutions, today announced significant enhancements to its online liquidity management and investment order capability. Corporate and commercial clients can now utilize CashPro(R) Invest to enter orders and obtain information and reporting for U.S. dollar denominated money market mutual funds and other short-term investment products. Clients also now have access to extensive more...

7/20/11 10:00 am EDT

Bank of America Merrill Lynch today unveiled BofAML Express, the firm's next generation ultra low-latency market access and risk control platform for U.S. equities. The platform delivers sub 10-microseconds of wire-to-wire latency and provides an embedded series of risk controls required by recent SEC regulation.

"In this highly competitive environment, having the premiere trading platform is imperative as the market adapts to new regulation," said Michael Lynch, head of Americas execution more...

5/19/11 8:08 am EDT

Bank of America today named David Reilly as the company's shared technology infrastructure executive, accountable for designing, building and operating Bank of America's enterprise technology infrastructure and operations. He will report to Bank of America Chief Technology Officer Marc Gordon.

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