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    Bank of America reports on mobile banking

    News in brief

    Bank of America added 910,000 new mobile banking users during the first quarter of 2016, resulting in a total of almost 20m active users, CEO Brian Moynihan revealed during the bank’s Q1 earning results. 16% of all deposit transactions with the bank are from mobile devices but mobile wallet payments represent less than 0.2% of the total payments made with Bank of America cards.

    Filed by Email Rian Boden nfcworld.com Published • Last updated 18 April 2016, 14:48

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