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Bank of America Says Zelle Users Have Grown 24% YoY

Bank of America Says Zelle Users Have Grown 24% YoY

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Bank of America’s third-quarter earnings results showed a continued increase in customers using digital and mobile channels for their banking needs, while $1.1 billion in reserves released helped boost the bottom line. Combined credit and debit card spend, the company said, was $201 billion in the most recent quarter, having gained 21% from last year.

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