Remove America Remove Innovation Remove Operations
article thumbnail

Bank of America Turns to Electronification of Cash to Reduce Operational Costs

Bank Innovation

EXCLUSIVE – Bank of America seeks electronification of cash not only as way to better serve its banking customers but also as an excellent way to reduce costs: according to Bank of America CEO Brian Moynihan, this digitization of cash can save the bank billions of dollars.

America 218
article thumbnail

Bank of America to Invest $500 Million in Technology to Drive Innovation and Sales

Bank Innovation

Bank of America will invest about $75 million per quarter in technology from now through the rest of 2019, the bank reported in its earnings call today.

America 247
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bank of America to Launch Erica This Month

Bank Innovation

EXCLUSIVE – Bank of America is all set to launch its AI powered bot Erica this month, Michelle Moore, head of digital banking at BofA told Bank Innovation. Our focus with innovation has been on, how can we make the lives of our customers easier?” Moore said. With Erica, customers can use their voice or.Read More.

America 236
article thumbnail

How Nearshore Software Development is Helping Healthcare Companies Innovate

Perficient

While the healthcare industry has long embraced technology, the demand to innovate and adapt quickly has grown exponentially in 2020 and into 2021. This has created an even greater demand for healthcare companies to incorporate more innovative technologies and build custom products to stay competitive within the market.

Software 294
article thumbnail

Bank of America Lays Foundation for Merchant Payments-Focused Lab

Bank Innovation

EXCLUSIVE – After its recent partnership with digital product Innovation Company Stuzo, Bank of America’s merchant services business is laying the foundation for an innovation lab. “It

America 225
article thumbnail

Bank of America Is Going Head-to-Head With Venmo, Kind Of…

Perficient

Bank of America is ready to compete with Venmo by introducing a Zelle widget. Zelle is a major peer-to-peer payment network operated by Early Warning Services. And with continued innovation, growth will continue at a face pace. The fewer steps it takes to do something, the better. Bank, and Wells Fargo.

America 294
article thumbnail

Personal Banking Assistant Finn.ai Coming Soon to Central America

Bank Innovation

EXCLUSIVE – Personal banking platform, Finn.ai, will launch in Central America by the first quarter for next year, Bank Innovation has learned.

America 220