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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Follow the Consumer for Payments Innovation, Says Bank of America’s Innovation Chief
Follow the Consumer for Payments Innovation, Says Bank of America’s Innovation Chief
February 03, 2023  |  Opinion

Consumer behavior will continue to drive payments innovation, says Alexandra Johnson, head of bank Innovation at Bank of America, in the PYMNTS eBook, “2023 Payments...

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How Big Healthcare Players Are Rewriting the Consumer Payments Playbook
How Big Healthcare Players Are Rewriting the Consumer Payments Playbook
February 02, 2023  |  Healthcare

Healthcare remains among the most paper-based industries in America, which means stakeholders from patients to providers to payers are missing out on digital efficiencies. Probing...

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Interoperable Data and Payments Are Healthcare’s Future, Says Bank of America
Interoperable Data and Payments Are Healthcare’s Future, Says Bank of America
January 31, 2023  |  Digital-First Banking

Amid an array of healthcare data and reams of medical payments handled by banks exists a triage opportunity. This, as inroads are being made to...

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Banks Want to Prove They Can Innovate Digital Wallets, But Can They?
Banks Want to Prove They Can Innovate Digital Wallets, But Can They?
January 30, 2023  |  Digital Payments

One of the worst-kept secrets in payments was finally confirmed last week. That’s when Early Warning Services (EWS) announced its plans to launch a digital...

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Finance Leaders Invest in Modernization, Take Aim at ‘Technical Debt’
Finance Leaders Invest in Modernization, Take Aim at ‘Technical Debt’
January 26, 2023  |  B2B Payments

The B2B payment landscape is in the midst of a pivotal migration toward modern solutions. This, as decades-old legacy platforms and historically siloed finance office...

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Fed’s Goldman Probe and Regulators’ Remarks Signal Heightened Digital Lending Scrutiny
Fed’s Goldman Probe and Regulators’ Remarks Signal Heightened Digital Lending Scrutiny
January 23, 2023  |  Bank Regulation

The rise of digital banking — and specifically, consumer lending — looks set for renewed focus from regulators. As reported last week, the Federal Reserve...

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Big Banks to Launch Apple Pay Competitor in 2023 H2
Big Banks to Launch Apple Pay Competitor in 2023 H2
January 23, 2023  |  Banking

America’s biggest banks are reportedly launching a digital wallet to take on Apple and PayPal. The banks are developing a product that will let consumers...

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Big Bank Earnings Spotlight Unstoppable Digital Shift
Big Bank Earnings Spotlight Unstoppable Digital Shift
January 18, 2023  |  Digital-First Banking

Big banks’ earnings have shown the great financial services digital shift continues. J.P. Morgan, Bank of America, Citi and Wells last week provided variations on...

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BofA Reportedly Pauses Hiring Ahead of Recession
BofA Reportedly Pauses Hiring Ahead of Recession
January 18, 2023  |  Economy

Bank of America is reportedly freezing most hiring as it prepares for a possible recession. That’s according to a report Wednesday (Jan. 18) by Bloomberg...

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