To solve the limitation and accuracy of matrix decomposition in Collaborative Filtering (CF) algorithm, a Collaborative Filtering algorithm based on Bounded Matrix low rank Approximation (BMA) and Nearest neighbor model (BMAN-CF) was proposed to improve the accuracy of item scoring prediction. Firstly, the matrix factorization algorithm of BMA was introduced to extract the implicit feature information of sub-matrix and improve the accuracy of neighborhood set search. Then, the target users' scores on target items were respectively predicted according to the traditional user-based and item-based collaborative filtering algorithms. And the equilibrium factor and control factor were used to dynamically balance the two prediction results, the target users' scores of items were obtained. Finally, the data was partitioned, and the proposed algorithm was parallelized in Hadoop environment by using the characteristics of MapReduce computing framework. The experimental results show that, the BMAN-CF has higher rating prediction accuracy than other matrix factorization algorithms, and the speedup experiment shows that the proposed parallelized algorithm has better scalability.