Bank of America introduces a new mobile banking app with integrated loan applications

Bank of America released its new and updated mobile banking app with the AI-powered virtual finance assistant Erica to help its 29 million mobile customers better manage their finances.

The new app will “strengthen [customers] with information and insights to make better financial decisions, ”says the bank

The facelift will allow customers to apply for credit cards, car loans, and home loans through the app, and gain access to credit card debt …

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