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.
Bank of America CEO Brian Moynihan claims the company has “hundreds” of blockchain patents. The issue in deploying the technology behind those patents? The all-important fact is...
Cake Ventures has announced a $17 million seed and pre-seed fund focused on demographic change. The venture capital firm aims to invest in founders building companies...
For Bank of America, the great digital shift is very much in evidence. The company’s latest quarterly results showed that digital “sales” made through the...
Starting tomorrow, Wall Street will focus on how banks view inflation, the stock market and bond trading. But as earnings kick off on Friday (Jan....
The Clearing House (TCH) has a new president and CEO. The payments network announced Tuesday (Jan. 3) that David Watson would take up that position...
Deadlines loom in the United States as credit network exclusivity is set to end next year. Monica Kennedy, senior vice president and head of merchant...
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....
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...
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...