Latest News Of Bank of America Tag

Bank of America doesn’t want crypto, but wants crypto wallet security

Business 20 August 2019

Bank of America doesn’t want crypto, but wants crypto wallet security

The bank has filed a number of patents for blockchain-related solutions over the past couple of years and, despite its aversion to crypto, has now filed a patent related to digital currency wallets. 

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Bank of America’s tech chief not so sure about blockchain

Tech 27 March 2019

Bank of America’s tech chief not so sure about blockchain

Cathy Bessant, the tech and operations chief for Bank of America, stated in an interview with CNBC that she is “open-minded” about blockchain, but admitted to being “bearish” when it comes to her own private sentiment.

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Bank of America files patent for blockchain-powered cash handling

Tech 27 December 2018

Bank of America files patent for blockchain-powered cash handling

The patent describes a system for facilitating cash handling via the blockchain, leveraging the advantages of distributed ledger tech for improving efficiency and effectiveness.​

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Bank of America secures yet another patent, this time for storing private keys

Tech 1 November 2018

Bank of America secures yet another patent, this time for storing private keys

Bank of America has secured its latest cryptocurrency patent, in the form of a hardware device designed to securely store cryptographic keys offline.

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Bank of America seeks to patent crypto vault for large-scale enterprises

Tech 27 August 2018

Bank of America seeks to patent crypto vault for large-scale enterprises

The Bank of America has filed a patent application with the U.S. Patent and Trademark Office for the development of a cryptocurrency storage system. ​

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Cryptocurrency may force Bank of America to change business model

Business 27 February 2018

Cryptocurrency may force Bank of America to change business model

It would appear that BoA executives recognize cryptocurrency for what it really is—a real future for currency.

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Major US banks to block purchases of cryptocurrencies

Business 5 February 2018

Major US banks to block purchases of cryptocurrencies

Bank of America, Citibank and JP Morgan have all put restrictions on their users' credit cards to prohibit them from being used for buying digital currency.

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Bank of America obtains patent on cryptocurrency exchange service system

Business 8 December 2017

Bank of America obtains patent on cryptocurrency exchange service system

The world’s second largest bank has filed over 20 patent applications since 2014.

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