Bank Watch

January 27, 2016 3:39 PM

Bank of America will allow ATM transactions using smartphones this year

The Charlotte-based bank joins rivals who are also planning to roll out similar technology

The technology allows customers to conduct a transaction with their phone, rather than swiping a plastic ATM card

BofA will pilot the service in Charlotte and other cities with employees late next month

Bank Watch

News and notes on Charlotte's banks and the financial industry

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