Bank of America Names Bond R. Isaacson as Card Services Payments Executive

Apr 20, 2001, 01:00 ET from Bank of America

    CHARLOTTE, N.C., April 20 /PRNewswire Interactive News Release/ -- Bank of
 America today announced that Bond R. Isaacson has joined the company as
 Payments executive for its Card Services division. In this role, Isaacson will
 focus on providing greater convenience and choice as customers increasingly
 use electronic payments solutions in place of cash and checks.
     Isaacson joins Bank of America from Visa, where he was executive vice
 president of Member and Merchant Sales and president of e-Visa. At Visa he was
 responsible for all e-commerce business and strategy working to effectively
 drive increased usage of electronic payments among consumers and merchants.
     As Payments executive, Isaacson is responsible for all electronic payments
 solutions for Bank of America. He is charged with leading strategic
 development, executing tactical design and implementing initiatives that will
 promote new forms of electronic payments.
     Bank of America is the number one issuer of debit cards, the number one
 deployer of ATMs and the fourth largest bank issuer of credit cards in the
 U.S. It also has more than 3 million online customers.
     "The creation of this position acknowledges our key role in the payments
 world and the opportunity we have in providing greater customer convenience,
 choice and protection with the use of electronic payments," said G. Patrick
 Phillips, president, Card Services, Bank of America. "I am confident that
 Bond's leadership and experience will drive our payments strategy forward to
 provide enhanced value to our customers and allow us to continue to lead in
 today's global economy."
     Prior to his work at Visa, Isaacson spent nearly two decades at IBM
 Corporation holding a variety of positions with increasing scope and
 responsibility. From 1994 until 1999, he was IBM's Finance executive with
 responsibility for selling and implementing solutions at NationsBank, a
 predecessor to Bank of America. Isaacson holds a bachelor's degree in
 economics from Wheaton College.
     One of the world's leading financial services companies, Bank of America
 is committed to making banking work for customers like it never has before.
 Through innovative technologies and the ingenuity of its people, Bank of
 America provides individuals, small businesses and commercial, corporate and
 institutional clients across the United States and around the world new and
 better ways to manage their financial lives. The company enables customers to
 do their banking and investing whenever, wherever and however they choose
 through the nation's largest financial services network, including
 approximately 4,400 domestic offices and 13,000 ATMs, as well as 38
 international offices, a telephone banking network that handles over a half
 billion calls a year and an Internet Web site that provides online access for
 over 3 million customers, more than any other bank.
     Bank of America stock (ticker: BAC) is listed on the New York, Pacific and
 London stock exchanges. The company's Web site is www.bankofamerica.com .
 News, speeches and other corporate information may be found at
 www.bankofamerica.com/newsroom .
 
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SOURCE Bank of America
    CHARLOTTE, N.C., April 20 /PRNewswire Interactive News Release/ -- Bank of
 America today announced that Bond R. Isaacson has joined the company as
 Payments executive for its Card Services division. In this role, Isaacson will
 focus on providing greater convenience and choice as customers increasingly
 use electronic payments solutions in place of cash and checks.
     Isaacson joins Bank of America from Visa, where he was executive vice
 president of Member and Merchant Sales and president of e-Visa. At Visa he was
 responsible for all e-commerce business and strategy working to effectively
 drive increased usage of electronic payments among consumers and merchants.
     As Payments executive, Isaacson is responsible for all electronic payments
 solutions for Bank of America. He is charged with leading strategic
 development, executing tactical design and implementing initiatives that will
 promote new forms of electronic payments.
     Bank of America is the number one issuer of debit cards, the number one
 deployer of ATMs and the fourth largest bank issuer of credit cards in the
 U.S. It also has more than 3 million online customers.
     "The creation of this position acknowledges our key role in the payments
 world and the opportunity we have in providing greater customer convenience,
 choice and protection with the use of electronic payments," said G. Patrick
 Phillips, president, Card Services, Bank of America. "I am confident that
 Bond's leadership and experience will drive our payments strategy forward to
 provide enhanced value to our customers and allow us to continue to lead in
 today's global economy."
     Prior to his work at Visa, Isaacson spent nearly two decades at IBM
 Corporation holding a variety of positions with increasing scope and
 responsibility. From 1994 until 1999, he was IBM's Finance executive with
 responsibility for selling and implementing solutions at NationsBank, a
 predecessor to Bank of America. Isaacson holds a bachelor's degree in
 economics from Wheaton College.
     One of the world's leading financial services companies, Bank of America
 is committed to making banking work for customers like it never has before.
 Through innovative technologies and the ingenuity of its people, Bank of
 America provides individuals, small businesses and commercial, corporate and
 institutional clients across the United States and around the world new and
 better ways to manage their financial lives. The company enables customers to
 do their banking and investing whenever, wherever and however they choose
 through the nation's largest financial services network, including
 approximately 4,400 domestic offices and 13,000 ATMs, as well as 38
 international offices, a telephone banking network that handles over a half
 billion calls a year and an Internet Web site that provides online access for
 over 3 million customers, more than any other bank.
     Bank of America stock (ticker: BAC) is listed on the New York, Pacific and
 London stock exchanges. The company's Web site is www.bankofamerica.com .
 News, speeches and other corporate information may be found at
 www.bankofamerica.com/newsroom .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X58774669
 
 SOURCE  Bank of America