Bank Of America

Bank of America reissues credit cards after security breach

Some Bank of America customers in upstate New York got a new credit card in the mail recently, but not all were sure why. The bank sent replacement debit cards and credit cards to customers who may have had their financial information compromised by a third party. A television station in Rochester, N.Y., reported some customers [...]

Categories: Identity Theft / Credit Card Fraud, Bank of America
Bank of America sells $700-million credit card portfolio

Bank of America has sold a $700-million chunk of its credit card portfolio to U.S. Bank, according to a press release by Elan Financial Services, the division of U.S. Bancorp that will manage the portfolio. Bank of America has announced it is planning to get out of the role of being an agent bank credit [...]

Categories: Bank of America

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