Bank of America Consumers Boost Spending 8% as Digital Banking Deepens

Source excerpt · PYMNTS

Bank of America’s consumers spent more in the third quarter while moving a larger share of their banking activity onto the company’s digital channels, giving the bank growth in transactions and engagement at the same time that its checking account franchise continued to expand. Combined consumer credit and debit card purchase volume reached $265.7 billion, […] The post Bank of America Consumers Bo…