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Bank of America Reaches Milestone: 10 Million Mobile Banking Customers

Bank of America

Wednesday, May 23, 2012 - 21:02

More customers choose Bank of America to bank on-the-go than any other bank. Over 10 million Bank of America customers are now using mobile banking, representing growth of nearly 3 million active users over the last 12 months.

More customers choose Bank of America to bank on-the-go than any other bank. Over 10 million Bank of America customers are now using mobile banking, representing growth of nearly 3 million active users over the last 12 months.

New technologies are changing consumers' lives and are rapidly shaping what they want from their bank. Consumers expect flexibility and want to be connected and in control of their money. Bank of America's mobile banking customers have the ability to check account balances, transfer funds, pay bills and find the closest ATM, all from their mobile device.

The exploding growth in mobile banking is also fueled by consumers' increasing comfort with using their mobile devices to conduct many activities in their lives, including securely managing their finances with confidence that their money is protected.

"Increasingly, our customers are choosing to manage their finances with us in the digital space. We are seeing an average of over $1 billion in transactions weekly through mobile banking," said Aditya Bhasin, Consumer Marketing and Online and Mobile executive. "It is much more than simply checking balances, they're actively managing their banking accounts."
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http://www.marketwatch.com/story/bank-of-america-reaches-milestone-10-million-mobile-banki ng-cu....
 
Tags: Mobile Banking, Americas, Bank of America, USA

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