Bank of America hits half a million Mobile banking customers

Bank of America Claims Half a Million Mobile Banking Customers

Six months after rolling out its Mobile Banking service to consumers in the USA, Bank of America says that it has reached a record 500,000 active mobile customers. According to a recent TowerGroup report, that's more than all other U.S. banks combined.

Bank of America, the nation's leader in online banking with 23 million active online customers, introduced Mobile Banking service in March to consumers in selected markets and expanded the service across the country in May.

"We're thrilled with the initial customer response and expect this trend to continue as more people discover the convenience of accessing their accounts while on-the-go," said Lance Drummond, e-Commerce and ATM executive for Bank of America. "Mobile Banking gives our customers the freedom, control and security to bank anywhere, anytime."

Customers are protected with the bank's SiteKey security service, as well as its Zero Liability Online Banking Guarantee. To help protect customer information, the bank has developed a unique end-to-end security feature that encrypts information when sent between the mobile phone and the bank.

Bank of America Claims Half a Million Mobile Banking Customers