With over 25 million #mobile #bank users on the retail side, Bank of #America is shifting attention to ramping the numbers on the #commercial side, with the launch of a mobile app for its #prepaid commercial cards. Today, Bank of America #Merrill #Lynch unveiled an app specifically designed for reloadable commercial prepaid cards. These cards […]
Bank Innovation
#Good #news and bad news for #PayPal. Good news: Bank of America #Merrill #Lynch announced a #partnership with the payments platform that enables #BofA’s U.S.-based commercial clients to make payments in international payments in local currencies to payees with PayPal accounts in countries including Mexico, France, Germany, Italy, the U.K., and the Philippines. Bad news […]
Bank Innovation
EXCLUSIVE- Echoing the mandate of PSD2, #Bank of #America #Merrill Lynch today unveiled an API #gateway that #seeks to #connect its commercial #clients to #fintechs and other third-party vendors. As of now, the API gateway is available to only clients with accounts in #EMEA (Europe, the Middle East and Africa). Bank of America Merrill Lynch […]
Bank Innovation
EXCLUSIVE – #Merrill #Lynch #Wealth #Management is adding a client-to-advisor #texting capability to its mobile app starting next month. For the #feature, Merrill Lynch has partnered with mobile communication solutions provider CellTrust to manage, track, and deliver text messaging. All communication will be time- and date-stamped, tracked, logged and archived. According to a statement released […]
Bank Innovation
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