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BoA ‘Doubling Down’ on Digital, Users Up Year-Over-Year

Saturday, Apr 20 2019
News
Written by  FinTech News Brief Staff
BoA ‘Doubling Down’ on Digital, Users Up Year-Over-Year

Bank of America is making a heavy push into digital, hoping momentum there can help offset lower interest income. So reports Forbes.

Year-over-year, the bank’s mobile customers grew 9% and the bank now boasts 27.1 million regular users. The bank is also planning to unveil a digital portal it’s calling “Life Plan” to “helps users achieve financial goals based on the stages of their lives.” 

Read the full article from Forbes.

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