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Bank of America gained 418 technology patents in 2019

Bank Innovation

Bank of America obtained more patents last year than any other year in the history of the company. “Patents are not always about excluding others from using [the technology]; oftentimes, patents are […]. In 2019, company obtained 418 patents, a 31% increase over the prior year.

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Bank of America, Chase the Latest Banks to Buy into Blockchain

Bank Innovation

So much has happened with blockchain over the past couple of weeks—so very much—but let’s talk about the banks: Firstly, Bank of America is the latest to join the ranks of financial institutions experimenting with blockchain. Bank of America Merrill Lynch recently announced at Sibos that it was collaborating with Read More.

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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.

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Some banks are technology companies

Chris Skinner

I know that systems like Erica, short for Bank of AmErica, are up and running … The post Some banks are technology companies appeared first on Chris Skinner's blog. It was an interesting conversation, although most of the examples were for customer service via Chatbots, which doesn’t impress me much.

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RegTech versus TechReg

Chris Skinner

I often talk about how banks have five times more regulation than technology firms.

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Will AI Lead to Open Banking in North America?

Bank Innovation

This is according to Richard Arundel, general manager, North America for financial technology provider Currencycloud, who noted […].

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Why Healthcare Should Consider South America for Quality Offshore Development

Perficient

I want to highlight that the scale of people and the scale of technologies is key here. PSL was the first to achieve it in Latin America and was the 8th in the world. ” In that particular case 2/3 of the project mentioned was alignd but we didn’t focus on one technology that was key to the project. By Alignment.

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