With more of financial serivces becoming digital by the minute fintech firms and banks need to keep top talent on...
The market turmoil has sparked banks like JPMorgan Chase and Bank of America to try for further easing of certain...
The new digital assistant is launching inside the Bank of America mobile app next year and will be named Erica; the bank is looking for the tool to help customers better understand their spending habits and offers different ways to stay financially fit; Erica will use artificial intelligence and predictive analytics to help customers make payments, check balances, save money and pay down debt. Source
In a new Wall Street Journal feature, called Back in Business, Jason Zweig provides some detail into the origins of...
Bank of America has optimized auto loan applications for mobile apps and is looking to expand to mortgages with a similar offering; the expansion follows a market trend toward increased demand for digital mortgage offerings; Bank of America plans to launch its mobile mortgage application in 2017 as it seeks to broaden its service availability to a full range of service channels; the mobile offering will expand on the firm's current online mortgage experience which provides for electronic applications and documentation with the benefit of automating and verifying customer information; within the industry, JPMorgan is also developing a mobile mortgage offering through its partnership with Roostify and Canadian Imperial Bank of Commerce has set a precedent for mobile mortgage service with the launch of its Hello Home product. Source
Banks say they reject racism and explain how employees are required to complete annual diversity training programs; there are endless...
On the heels of the Ant Financial IPO news earlier this week leading Chinese online wealth management platform Lufax is...
With most of the large banks reporting earnings this week one trend has become clear; as the loan books have...
Bank of America’s AI powered digital assistant Erica has now reached more than 7 million users with over 50 million...
Bank of America’s latest product, Life Plan, aims to make the bank the a central guiding force for their customers...