- Joined
- 27 Dec 2001
- Messages
- 7,626
I remember seeing BoA mentioned in some previous threads, so I know there are some customers here who might be happy about this.
Full Story
CHARLOTTE, N.C. (AP) -- Bank of America Corp. is rolling out a new online banking security system aimed at making it harder for cyberthieves to crack customer accounts, an effort that comes as the industry struggles with a recent string of high-profile security breaches.
"We definitely want to lead the industry by making online banking more secure," Bank of America e-commerce executive Sanjay Gupta said. "Right now, more than 50 percent of (banking) transactions take place online."
The Charlotte-based bank already leads the U.S. market with 13.2 million online banking customers and 6.4 million people who pay bills online.
Bank of America launched its new online security system, called SiteKey, last month in Tennessee. It is being rolled out this week in Virginia, Maryland and Washington, D.C., and should be available nationwide by the fall.
Full Story