More than 20,000 Bank of America customers on Wednesday reported issues accessing their account information, according to a site that reports on service outages in real time. Reports of service issues spiked around 12:45 p.m., according to DownDetector.com. Bank of America customers reported service issues on the mobile banking app. AP Most customers reported having issues with their mobile banking accounts. Bank of America did not immediately respond to requests for comment. Users reported being unable to ...

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About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

SAN FRANCISCO, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Javelin Strategy & Research released its 2024 2024 Cyber Trust in Banking Scorecard today, revealing that privacy is the key driver of establishing and maintaining cyber trust. The scorecard evaluates and ranks 23 financial institutions (FIs) based on 121 relevant criteria across four categories: privacy, cybersecurity, education, and support. Bank of America earned Best in Class for its outstanding performance in privacy controls, cybersecurity features, an ...

Only 47% of college students feel financially prepared for the "real world"CHARLOTTE, N.C., Sept. 26, 2024 /PRNewswire/ -- Bank of America today announced a new solution to help parents support their children as they begin their financial journeys. SafeBalance Banking® for Family Banking is a bank account that offers parents the tools and resources they need to help their children practice healthy financial habits and learn to manage their money through a convenient, secure digital experience."For many pare ...

Bank of America Corporation (NYSE:BAC) 29th Annual Financials CEO Conference September 25, 2024 5:15 AM ET Company Participants Alastair Borthwick - CFO Conference Call Participants Ebrahim Poonawala - Bank of America Corporation Ebrahim Poonawala Good morning, everyone. We've been talking about European banks, of course, we've talked a lot about European Banks. We'll continue to talk about Europe. But we're widening our perspectives. We're doing so with our very own Group CFO, Alastair Borthwick. Alastair, ...

Bank of America Corporation (NYSE:BAC) 29th Annual Financials CEO Conference September 25, 2024 5:15 AM ET Company Participants Alastair Borthwick - CFO Conference Call Participants Ebrahim Poonawala - Bank of America Corporation Ebrahim Poonawala Good morning, everyone. We've been talking about European banks, of course, we've talked a lot about European Banks. We'll continue to talk about Europe. But we're widening our perspectives. We're doing so with our very own Group CFO, Alastair Borthwick. Alastair, ...

Independent Study Proves Event is Economically Crucial for Tourism Industry, Local Businesses, and Job GrowthCHICAGO, Sept. 24, 2024 /PRNewswire/ -- The Bank of America Chicago Marathon continues to generate significant impact for the Chicagoland region, with the 2023 race contributing a record-breaking $547 million to the city's economy, a 42% increase from the $386 million impact in 2022, according to an independent economic impact study conducted by Jones & Associates Economics.Since 2017, the Bank of Am ...

Bank of America (BAC) continues its aggressive branch expansion across the United States as part of a broader strategy to solidify customer relationships and tap into new markets. The bank, on Monday, announced plans to open more than 165 new financial centers by 2026-end, with nearly 40 set to open this year. This move aligns with BAC's commitment to broaden its retail presence and offer enhanced in-person services. The latest openings include Bank of America's first financial center in Louisville, KY, wit ...

When interest rate-cutting cycles hit the stock market, investors typically assume that they will positively affect most stocks, but that’s just not the case. Some could benefit, such as consumer discretionary names and others in the energy sector, considering that consumer and business activity tends to rise after cuts.However, those who are directly related to the financial sector, like banking stocks, see the effects of interest rate cuts get to them before anyone else. For this reason, investors should ...