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Digital Banking Trends.pdf

Trends in Digital Banking_Q4 updated.pdf
Preview of digital banking trends
🔗 Source: newsroom.bankofamerica.com
📊 Size: 97 KB
👤 Author: Bank of America
⬇️ Downloads: 57

Summary

Bank of America's digital trends in Q4 2021 show significant growth, with 54 million verified digital users, a 2+ million increase year over year in digital active users, and $231 billion sent and received via Zelle, up 64% year over year. Digital banking logins reached 10+ billion, up 15% year over year, and $313 billion was deposited digitally, up 24% year over year. Erica interactions increased by 217% year over year to 427 million. In Q4, 850,000 clients used Bank of America Life Plan, and Erica reached 24 million total users with 123 million interactions. Zelle active users sent and received 218 million transfers worth $65 billion, up 39% and 53% year over year. Digital sales volume reached 1.5 million, up 46% year over year, making up 49% of all sales. The bank also won over 100 digital-related awards in 2021.

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Description

Bank of America's digital trends in Q4 2021 show significant growth, with 54 million verified digital users, a 2+ million increase year over year in digital...

Technical Information

  • File Format: PDF
  • File Size: 97 KB
  • Pages: 1
  • Language: EN
  • Author: Bank of America
  • Total Downloads: 57
  • Last Updated: 1 week ago

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This PDF document about digital banking trends provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into digital banking trends.

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