You've been redirected from MobilePaymentsToday.com to PaymentsDive.com. In March 2021, Mobile Payments Today became a part of Payments Dive. For the latest payments news, sign up for the daily newsletter.

BofA unveils new mobile banking capabilities

Bank of America has introduced a new feature that enables customers to move easily between the Bank of America, Merrill Lynch, Merrill Edge and U.S. Trust mobile apps without having to re-authenticate.

The new feature is part of a broader approach designed to make it easier for customers to manage their banking and investing activities in one place, according to a press release.

"We're pleased to offer our nearly 26 million mobile users a new suite of innovative features," Michelle Moore, head of digital banking at Bank of America, said in the release. "As we expand our mobile banking app to give clients the digital solutions they need, we remain committed to investing in cutting-edge technology that will help them better pursue their financial goals on their terms."

Bank of America also announced a number of new features to the app, including, but not limited to new biometric enhancements, more Zelle options for P2P payments and more ways to manage alerts. 

A new bill pay experience also is set to debut soon.