Bank of America News & Media

Bank of America selects president of Detroit

November 25, 2024

Bank of America appointed Ed Siaje as president of Detroit. In this role, he will lead the bank's eight lines of business in the area, according to a press…

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Bank of America introduces Guaranteed FX Rates for cross-currency payments

November 6, 2024

Bank of America introduced Guaranteed Foreign-Exchange Rates of up to one year for cross-currency payments. With this tool, businesses can mitigate currency…

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Teller Cash Recyclers 101: 4 facts to know

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

TCRs have been around for a few decades now at this point, and they have evolved significantly since then. Here are four key facts to know about these machines.

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Bank of America announces More Rewards Day for Nov. 7

November 4, 2024

Bank of America announced its More Rewards Day Event will be returning on Nov. 7 for the third year in a row. On this day, eligible credit cardholders will…

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Bank of America appoints president of Spokane/Boise

October 31, 2024

Bank of America recently appointed Lauren Murray as president of Spokane/Boise, Idaho. She takes over for Kurt Walsdorf, who retired, according to a press…

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Bank of America sees 94 percent increase in AI patents

October 29, 2024

Bank of America has seen a 94% increase in AI and machine learning patents since 2022, with almost 1,100 patents or pending applications in its portfolio. The…

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Bank training: 5 tips to be successful

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Need better employees for your bank? Use these 5 strategies to train new and current employees effectively.

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Bank of America intros family banking solution

October 17, 2024

Bank of America recently introduced its SafeBalance Banking for Family Banking to help parents teach their children good financial habits. With this account…

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Seattle, Washington woman robbed at Bank of America ATM

October 14, 2024

A woman was robbed at a Bank of America ATM in Seattle, Washington. After withdrawing money from the ATM, a suspect held her up at gunpoint and demanded the…

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Bank of America intros B2B payment solution

October 8, 2024

Bank of America launched Virtual Payables Direct for B2B payments. With this tool, businesses can pay suppliers via a card transaction or direct bank transfer…

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Bank of America names president of Asheville, North Carolina area

September 26, 2024

Bank of America recently named David Dowd as president of Asheville, North Carolina. In this role, he will lead the bank's eight lines of business in the…

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Sacramento authorities arrest brothers for allegedly stealing ATM

September 25, 2024

The Sacramento County Sheriff's Office announced it arrested two brothers for allegedly stealing a Bank of America ATM from a branch in Gold River, California…

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Masters Tournament selects Bank of America as partner

September 24, 2024

The Masters Tournament, a major golfing championship, has selected Bank of America as a Champion Partner for the 2025 event held from April 12 to 13. Bank of…

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Bank of America enters Louisville market, plans to open 165+ branches by end of 2026

September 23, 2024

Bank of America announced its plan to open more than 165 branches in 63 markets by the end of 2026, with 40 opening in 2024. Most recently, the bank announced…

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Thieves steal more than $90K from Missouri ATM technician

September 17, 2024

Police in O'Fallon, Missouri are investigating an incident where suspects stole $94,370 from an ATM technician. Three suspects attacked the repairman while he…

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Bank of America increases minimum wage to $24

September 16, 2024

Bank of America recently announced it increased its minimum wage to $24 hourly, with the plan to reach $25 by 2025. This applies to all part and full-time…

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How banks can deliver financial education successfully

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Panelists at the Bank Customer Experience Summit discussed financial education in depth.

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Man arrested in $50K ATM robbery in Myrtle Beach

August 19, 2024

A 20-year old man was arrested for allegedly robbing a technician who was fixing an ATM at a Bank of America branch in Myrtle Beach, South Carolina. When the…

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Banking AI: 3 tools to watch

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Here are three banking AI tools to watch in the coming years.

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FIFA selects Bank of America to sponsor FIFA World Cup 26

August 16, 2024

FIFA selected Bank of America as its Official Bank Sponsor of FIFA World Cup 26, which will feature 104 matches in 16 cities in the U.S., Canada and Mexico in…

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