Bank of America customers are shifting toward digital tools. According to data released by the bank, supplementing its earnings call today, customers made more than 102 million transactions through Zelle, its peer-to-peer payments tool, during the first quarter of 2020.  Paul Donofrio, Bank of America’s chief financial officer, said in a statement that despite the …Read More

Source: https://bankinnovation.net/allposts/biz-lines/payments/bank-of-america-customers-sent-27-billion-through-zelle-in-q1/