Bank of America Archives

Bank of America is reaping the benefits of AI investment to enhance its lending and deposits business. The bank today ...

An American flag outside a Bank of America branch in Austin, Texas, US, on Tuesday, April 11, 2022. Bank of America Corp. is scheduled to release earnings figures on April 18. Photographer: Sergio Flores/Bloomberg

90% of Bank of America employees use AI

byVaidik Trivedi

April 8, 2025

Bank of America is deploying AI and gen AI throughout its operations to gain efficiency and allow employees to focus ...

Plaid CEO: AI agents could soon represent customers

byMadeline Durrett

March 18, 2025

ORLANDO, Fla. — AI agents could soon be moving money from one bank account to another without being queued by ...

Auto lenders transform customer experience with agentic AI

byAmanda Harrisand1 others

March 12, 2025

It’s dark outside and you are browsing available vehicles in your area from your phone as you plan your next ...

CFPB drops lawsuit against US banks over alleged fraud on Zelle

byBloomberg News

March 4, 2025

The Consumer Financial Protection Bureau dismissed another Biden-era lawsuit, this one targeting some of the world’s largest banks for allegedly ...

Bank of America reports accelerating digital adoption

byVaidik Trivedi

January 16, 2025

Bank of America reported increased engagement on its digital banking platform for consumers even as it invests in its branch ...

2025 IT spend: Cybersecurity

byWhitney McDonald

January 2, 2025

Bank executives at U.S. financial institutions are upping their cybersecurity budgets and awareness in 2025 following multiple 2024 data breaches. ...

Readers’ picks: Top 5 stories of 2024

byWhitney McDonald

December 30, 2024

Financial services technology came a long way in 2024 with generative AI and AI advancements, and as FIs implemented new ...

JPMorgan, Bank of America respond to CFPB lawsuit

byWhitney McDonaldand1 others

December 20, 2024

Bank of America, JPMorgan Chase and Early Warning Services are standing firm against allegations made by the Consumer Financial Protection ...

The Consumer Financial Protection Bureau headquarters in Washington, D.C., U.S., on Wednesday, Dec. 23, 2020. The Trump administration has done its best to cut the CFPB giving large banks a reprieve from aggressive enforcement and new rules. With Joe Biden ascending to the White House, Wall Street is worried it will be quickly resurrected. Photographer: Ting Shen/Bloomberg

CFPB lawsuit against bank giants is ‘regulatory overreach,’ Zelle says

byVaidik Trivedi

December 20, 2024

The Consumer Financial Protection Bureau announced today that it has sued Early Warning Services, Bank of America, JPMorgan and Wells ...

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Tag: Bank of America

Bank of America taps AI to power loan, deposit growth

90% of Bank of America employees use AI

Plaid CEO: AI agents could soon represent customers

Auto lenders transform customer experience with agentic AI

CFPB drops lawsuit against US banks over alleged fraud on Zelle

Bank of America reports accelerating digital adoption

2025 IT spend: Cybersecurity

Readers’ picks: Top 5 stories of 2024

JPMorgan, Bank of America respond to CFPB lawsuit

CFPB lawsuit against bank giants is ‘regulatory overreach,’ Zelle says

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