Bank of America

The eyes have it: Bank of America, Samsung pilot iris-scan logins

08/08/17

Do customers want to log in to mobile banking by snapping a picture of their eye? Bank of America will spend the next six weeks finding out.

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Stop ATM fees on unemployment aid, consumer advocates say

08/02/17

Six states and D.C. still charge in-network fees when unemployed workers cash in assistance delivered through prepaid cards.

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Unwinding of Fed's balance sheet threatens bank deposit gains

07/31/17

As much as $2.5 trillion, or nearly half of bank deposit growth since the crisis, may be attributable to the central bank's quantitative easing. If investors start drawing down on their accounts to buy back assets from the Fed, the trend could dampen liquidity at certain banks, add upward pressure on deposit prices and reshape M&A.

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Citi’s ambition: Mobile-first banking for the affluent

07/25/17

The new Citigold program for affluent customers is more than a product — it is the centerpiece of Citigroup's vision for the future, which will also rely on branch closures and sophisticated apps.

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Will the branch of the future be in your living room?

07/24/17

Banks are adding videoconferencing at branches, but consumers might prefer to video chat from their phones. Unlike with mobile banking, shirts and pants will likely be required.

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That was no typo: B of A held onto 90% of 2Q mortgage originations

07/21/17

It’s a very large number for any bank, but Bank of America executives said the move makes good economic sense and promotes relationship-building with customers.

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Deposits take center stage in banks' 2Q earnings

07/21/17

Now that the Federal Reserve has raised short-term rates four times in the past 18 months, all eyes are on deposit costs as banks seek to keep pricing low and fatten margins. But that effort is complicated by the fact that banks must prepare for the unwinding of the Fed's balance sheet and consumers' rapid adoption of mobile deposits.

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Bank of America chooses Dublin as post-Brexit EU hub

07/21/17

Bank of America has picked Dublin to locate its main European Union hub in preparation for Britain quitting the bloc in 2019.

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B of A’s Finucane said to be in the running for Uber CEO job

07/20/17

The ride-sharing service Uber is reportedly considering hiring a female chief executive to help it move past the reputational damage it suffered under ousted co-founder Travis Kalanick.

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B of A expands small-business mobile capabilities

07/19/17

Small-business customers of Bank of America can now apply for credit through the bank’s digital channels.

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