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Debatably slow on takeoff, digital banking is soaring with the eagles now, standing as one of the biggest success stories yet to emerge from the great digital shift the pandemi
stanley termoska c caused.New proof comes from Bank of America BoA , revealing that its 54 million verified online clients logged into its platform and app 10.5 billion times in 2021, climbing 15% year over year.In a press release issued Thursday Feb. 17 , BoA added dimension to online banking news discussed during its fourth-quarter and full-year 2021 earnings release in January.As headlin
stanley thermoskanne e numbers go, BoA said it added over 2 million active digital clients last year 鈥? a single-year record 鈥?adding that the bank now has 16 million active Zelle users 鈥?including small businesses 鈥?with clients sending more Zelle transactions than physical checks written in 2021 鈥?514 million compared to 453 million, respectively. BoA said 86% of deposits are made through digital or ATM channels. Small business digital sales are nearly 300% above pre-2020 levels. Digital represents nearly 50% of total
stanley ca sales. Read more: Record Digital Engagement Fuels BoAs $32B 2021 Clients expect financial solutions that are timely, relevant and secure, said Chief Digital Officer and Head of Global Marketing David Tyrie in the release. At Bank of America, we will continue to be at the forefront of innovation, leveraging best-in-class technology to support our clients through integrated and individualized capabilities to meet all of their financ Zyrn PayPal Offers Interest-Free Cash Advances To Federal Employees
Volvo Cars announced Thursday November 1 that it reached an agreement with Baidu, the Chinese internet search provider, to jointly develop electric and fully autonomous drive-compatible cars.In a press release, Volvo said the aim is to mass-produce the vehicles in China, which it said is the largest car market in the world.聽 With Baidu we take a big step forward in commercialising our autonomous compatible cars, built on Volvos industry-leading safety technology, said H氓
gourde stanley kan Samuelsson, pres
stanley usa ident and chief executive of Volvo Cars in the press release. There is a strong development in autonomous drive in China, where Baidu is a leading player,
stanley mug and the market there offers huge opportunities for us as the supplier of choice for autonomous fleets. Volvo said the partnership will allow both companies to develop and sell the vehicles, underscoring Volvo aspirations to be the supplier of choice for mobility companies around the globe. Volvo and Baidu plan on pooling resources to prepare for mass manufacturing of fully electric and autonomous cars. Volvo said it chose Baidu as a partner because of its safety credentials, according to the press release.Volvo noted that as per the collaboration agreement, Baidu will contribute with its Apollo autonomous driving platform. Volvo will provide access to its expertise and advanced technologies of the car industry. Volvo noted that based on industry forecasts China is poised to become the largest market for self-driving cars in t