Bank of America has always been a name synonymous with innovation and progress in the financial industry. Over the years, it has embraced new technologies, with its recent association with Ripple and XRP sparking curiosity and conversations within the finance…
Do US Banks Lack Clarity on $320M Unauthorized Transactions? Zelle Report
In the context of modern financial management, clarity in banking policies is essential, particularly regarding definitions surrounding unauthorized transactions. However, leading US banks, including JPMorgan Chase, Bank of America, Wells Fargo, Capital One, U.S. Bank, and Truist, lack clear definitions…
9 Major Banks Including BoA, Chase Settle $46 Million Lawsuit Over Market Manipulation
A significant legal battle has reached a turning point as nine of the world’s largest banks have agreed to a substantial settlement, concluding a lengthy lawsuit that accused them of colluding to manipulate a $465.9 trillion market. This landmark case…
Bank of America blockchain patent application for “ATM as a Service”
Bank of America blockchain patent spree continues. The bank has a large number of blockchain patents, and has recently filed an application for using the technology in “ATM as a Service”.