Bank of America

Bank of America is an American multinational banking and financial services corporation headquartered in Charlotte, North Carolina. It is the second largest bank holding company in the United States by assets. As of 2013, Bank of America is the twenty-first largest company in the United States by total revenue. In 2010, Forbes listed Bank of America as the third biggest company in the world.

August 2nd, 2017

US-based bank files three new patent apps aimed at validating of not only users of its system, but also of the information within it.

May 23rd, 2017

R3 CEV aims to raise $150 million with the third tranche of fundraising round scheduled for later this year.

September 27th, 2016

Computing giant will be working with Bank of America Merrill Lynch on creating blockchain technologies to improve financial exchanges between enterprises.

Ripple Partners with Major Banks to Create Global Blockchain Payments Network
September 24th, 2016

A number of the world’s leading banks have partnered to form Global Payments Steering Group, the first interbank group for payments based on the blockchain technology.

August 11th, 2016

A group of banks, including HSBC and Bank of America, have created a new blockchain solution that will help to streamline the process of global trade.

January 28th, 2016

One of the largest banks in the USA has already filed for 15 patents and have 20 new ones in turn.

December 19th, 2015

Research company Aite Group predicts bank will invest around $400 million in the blockchain technology within the next few years.

December 17th, 2015

Thus R3 project has just grown up to 42 members – the world’s largest and most influential banks.

December 10th, 2015

The blockchain holds huge promise for the future of the financial industry, with the world’s leading organizations developing solutions based on the bitcoin technology.

November 20th, 2015

The innovation firm R3 has received support from five additional banks that joined the company’s project on developing blockchain solutions for the finance industry.

October 27th, 2015

Even though investments in Bitcoin startups have recently decelerated, financial institutions like American Express are still getting more interested in the potential of BItcoin.

September 29th, 2015

Thirteen top banks, including Citi, Bank of America and Deutsche Bank, have joined a consortium led by financial tech firm R3 that is developing blockchain technology for the financial industry.

September 23rd, 2015

Bank of America has applied for a patent with the United States Patent and Trademark Office for a new technology of funds transfers using digital currency.