Bank of America makes online and mobile enhancements for Merrill Edge customers

New tools and enhancements

The new enhancements include a Merrill Edge app for Android, remote check deposit functionality for iPhone, bill pay functionality on the iPad and a new Investment Product Education Centre on (view press release)  

The Merrill Edge Android app enables users to check investment balances, place trades, research investments and transfer funds between linked banking and investment accounts. Customers with an iPhone can deposit checks into their investment account remotely by photographing and submitting the check from the phone and iPad users can schedule and manage online bill payments through their tablet. The Investment Product Education Centre provides access to news, research reports, education, articles and analysis and allows customers to research stocks, options, ETFS, mutual funds and fixed income products.

The November Merrill Edge Report indicated that a quarter of mass affluent respondents are avid users of mobile banking, and use it to check account balances, transfer funds and pay bills,” said Merrill Edge executive, Alok Prasad. “We continue to invest in new tools and enhancements to allow customers to access and manage their investment accounts anywhere anytime.”

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