EXCLUSIVE – Bank of America’s mobile app got a makeover today with a set of new features including a cardless ATM option.
On Wednesday, the bank announced a slew of new features in an effort to enhance the banking experience of its 23 million mobile app users. The cardless ATM option maybe the most interesting of the new add-ons. The feature allows users to initiate an ATM withdrawal directly from their mobile banking app.
“It saves them four steps in the process,” Michelle Moore, head of digital banking at Bank of America, told Bank Innovation “which, even though it doesn’t sound like a lot, saves the customer many minutes of their time.”
