Bank of America invests in blockchain, AI in digital push
Bank of America has upgraded its AI assistant Erica to offer more complex financial advice and service and partnered with Paxos for blockchain settlement.
Latest Bank of America News
AI technology offers banking industry a wealth of benefits: Bank of America
Bank of America highlights AI's positive impact in banking for productivity but cautions on privacy and cybersecurity risks, aligning with Southeast Asia's AI push.
Bank of America: Ethereum won’t remain dominant if it doesn’t scale
The BoA report recognizes that Ethereum is losing credibility, devs are leaving en masse, and it won't have a future outside of being a hobby blockchain if it doesn't deliver its scaling promises.
The BTC bubble will pop soon
Many financial experts believe that the digital currency markets have become crowded–it looks like the digital currency market bubble will pop soon.
Bitstamp files to subpoena Citibank, Bank of America in payments lawsuit
The exchange filed an application with a New York court seeking to subpoena Citibank and Bank of America to produce documents for use in its court battle in Denmark.
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.
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.
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.
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.
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.
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.
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.