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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Bank of America’s CashPro Adds Tool for Validating Payments
Bank of America’s CashPro Adds Tool for Validating Payments
December 19, 2022  |  Faster Payments

Bank of America has launched a self-service tool for straight-through processing (STP) that accelerates payment file processing, thereby reducing delays and improving the client experience....

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Versana Launches Syndicated Loan Platform
Versana Launches Syndicated Loan Platform
December 13, 2022  |  Loans

Versana has launched an industry-backed syndicated loan platform. By digitally capturing agent banks’ deal data on a real-time basis, this centralized solution connects banks, institutional...

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FIs Need More Than Refunds to Address Zelle Scams
FIs Need More Than Refunds to Address Zelle Scams
November 29, 2022  |  Digital-First Banking

For banks, reimbursing victims of Zelle-related fraud is only a partial solution.  It’s a retroactive redress. But to really address the issue, financial institutions (FIs) will...

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US Banks Devising Plan to Reimburse Zelle Scam Victims
US Banks Devising Plan to Reimburse Zelle Scam Victims
November 28, 2022  |  Banking

Seven of America’s largest banks are reportedly working on a plan to reimburse victims of scams on their payment network Zelle amid calls for greater...

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Real-Time Realities Set to Shape Cash Management for Next Three Years
Real-Time Realities Set to Shape Cash Management for Next Three Years
November 16, 2022  |  Spend Management

It’s easy to get carried away by dazzling innovations and futuristic concepts in finance, but what companies usually crave more is a dose of reality...

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Bank of America Expands Reporting, Forecasting in AR Matching Solution 
Bank of America Expands Reporting, Forecasting in AR Matching Solution 
October 24, 2022  |  B2B Payments

Bank of America has added more reporting and new forecasting capabilities to Intelligent Receivables, its accounts receivables (AR) matching solution. With these new capabilities, the...

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The One Thing: Integration and the Future of Financial Services
The One Thing: Integration and the Future of Financial Services
October 20, 2022  |  Connected Economy

The connected economy runs on a mostly invisible ocean of technologies to deliver new experiences, and it all relies on one foundational concept: integration. That’s...

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Grubhub Sees Traction From Partnerships as Parent Swings to Profitability
Grubhub Sees Traction From Partnerships as Parent Swings to Profitability
October 19, 2022  |  Partnerships

Restaurant aggregator Grubhub, the third-most popular in the United States, is looking to gain on its competitors by leveraging partnerships with major companies, and so...

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BofA, AmEx Report Rising Credit Card Delinquencies
BofA, AmEx Report Rising Credit Card Delinquencies
October 17, 2022  |  Credit Cards

Credit card delinquency rates in the U.S. are slowly creeping upward, Bank of America and American Express reported Monday (Oct. 17). According to Seeking Alpha,...

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