Bank of America

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Bank of America

One of the largest banks in the United States. It traces its origins to the Bank of Italy in the early 20th century, which served immigrants in San Francisco. It grew to serve all of California and, through a number of acquisitions, spread throughout the United States. In the 1990s, while named BankAmerica, it lent a hedge fund more than $1 billion; when this hedge fund lost out in the Russian financial crisis, the bank was bought by NationsBank, which took the name Bank of America. It bought MBNA, at the time the world's largest credit card issuer, in 2005. In 2008, it acquired Merrill Lynch, which was near bankruptcy, after pressure from U.S. authorities. In 2008 and 2009 it received a federal bailout worth more than $150 billion in cash and guarantees.
References in periodicals archive ?
By comparing the executions of the Case Study II workflow on the Moodle servers both with and without SiteKey protection, students can gain a better understanding of DoS attacks and can learn techniques that can prevent phishing.
The benefits of using the SafePass service include authorising new individual or company payees and supplementing the security of SiteKey authentication for transactions from unrecognised computers and mobile devices.
Always look for your SiteKey, Bank of America's new anti-spoofing and anti-phishing measure, whenever you sign in to Online Banking.
In 2005, Bank of America initiated SiteKey, a web site authentication service that makes it easier for users to determine whether they are on the real Bank of America site.
SiteKey,(TM) a two-way authentication system that helps the bank and
Bank of America recently rolled out SiteKey, in which customers choose an image and challenge questions when they set up an online account.
Customers are protected with the bank's SiteKey (R) security service, as well as its Zero Liability Online Banking Guarantee.
SiteKey is an award-winning online security sign-in feature that helps customers deter fraud by giving them an added layer of security when logging on to Online Banking.
SiteKey includes an image, a brief phrase and challenge questions that help customers confirm that they are at the legitimate bank Web site and help the bank verify the customers' identity.
Customers accessing Online Banking from their cell phone or smartphone are protected with the bank's SiteKey (R) security service, as well as its Zero Liability Online Banking Guarantee.
Bank of America led the industry with SiteKey, a two-way authentication system that helps customers confirm they are at the real Bank of America Web site and avoid phishing scams.
Keep the Change was created in response to customer demand and is part of Bank of America's Higher Standards in Checking portfolio of offerings which also includes SiteKey, an identity theft prevention system for online banking and the Lobby Leader program which delivers quick problem resolution for banking center customers.