Bank of America

Bank of America, we have a clear purpose to help make financial lives better through the power of every connection. We fulfill this purpose through our commitment to responsible growth, which includes a focus on environmental, social and governance (ESG) leadership. Integrated across our eight lines of business — our ESG focus reflects our values, ensures we are holding ourselves accountable, presents tremendous business opportunity, and allows us to create shared success with our clients and communities.

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Large National Banks Hold the Advantage When Main Street SMBs Shop for Credit
Large National Banks Hold the Advantage When Main Street SMBs Shop for Credit
September 08, 2023  |  SMBs

Access to business financing is crucial for Main Street small and medium-sized businesses (SMBs). But while a significant share of these small businesses across all...

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Jump in Contactless Payments Opens Door for Digital Wallets
Jump in Contactless Payments Opens Door for Digital Wallets
August 30, 2023  |  Digital Payments

John (JP) Park, senior product manager of go to market strategy at Bank of America Merchant Services, told PYMNTS in an interview that the rise of...

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Bank of America Launches Disbursements and ‘Request for Pay’ Solution in Canada
Bank of America Launches Disbursements and ‘Request for Pay’ Solution in Canada
August 29, 2023  |  Disbursements

Bank of America has launched its Global Digital Disbursements solution in Canada. This solution aims to support business-to-consumer (B2C) payments and consumer-to-business (C2B) request for payments, providing a...

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Bank of America Expands Cashback Offerings on Customized Cash Rewards Card
Bank of America Expands Cashback Offerings on Customized Cash Rewards Card
August 22, 2023  |  Credit Cards

Bank of America (BoA) has announced an expansion to its Customized Cash Rewards credit card, providing cardholders with more benefits and opportunities to earn cash...

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Bank of America Says the Future of Cross-Border Payments Is Transcontinental Transparency
Bank of America Says the Future of Cross-Border Payments Is Transcontinental Transparency
August 07, 2023  |  Cross-border Payments

The promise of technical innovations to transform legacy workflows is an easy one to understand. But implementing it successfully across entrenched workflows and processes is...

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Top CFOs Take Positive Macro View While Doubling Down Digital
Top CFOs Take Positive Macro View While Doubling Down Digital
August 03, 2023  |  CFO

Where a firm spends its money tends to be highly correlated to its business strategy. That makes the chief financial officer (CFO) role crucial for...

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Bank of America CEO: Capital Requirements Must Ensure ‘Level Playing Field’
Bank of America CEO: Capital Requirements Must Ensure ‘Level Playing Field’
July 27, 2023  |  Banking

Bank of America CEO Brian Moynihan said new capital requirements need to ensure a level playing field for U.S. banks. “I think they have to...

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Bank of America: Europe’s IPO Market Will Recover Gradually
Bank of America: Europe’s IPO Market Will Recover Gradually
July 20, 2023  |  IPO

Anyone expecting a dramatic restoration of Europe’s IPO market might have to wait. That’s according to bankers at Bank of America (BofA), who told Bloomberg News in...

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Bank of America: Digital Adoption Has Reached 83% of Customer Households
Bank of America: Digital Adoption Has Reached 83% of Customer Households
July 18, 2023  |  Earnings

Bank of America’s latest results show an increasing adoption of digital channels by customers to get their banking done. The presentation materials from the company...

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