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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A Little Insight Goes a Long Way as Treasurers Look to Build Better Merchant, Retail Strategies
A Little Insight Goes a Long Way as Treasurers Look to Build Better Merchant, Retail...
August 09, 2022  |  Back-office

The treasurer’s role is to maximize cash in and cash out of an enterprise.  From the treasurer’s point of view, everything affects liquidity. Everything can...

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Businesses Don’t Have a Data Problem — They Have a Business Intelligence Problem
Businesses Don’t Have a Data Problem — They Have a Business Intelligence Problem
July 28, 2022  |  Data

Data, data everywhere — but the question is, how do you use it? Patrick Neale, senior vice president and senior product manager at Bank of...

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Genesis Global Raises $20M in Additional Funding to Drive IT Innovation
Genesis Global Raises $20M in Additional Funding to Drive IT Innovation
July 27, 2022  |  Investments

Low-code application development platform Genesis Global raised $20 million from the Bank of America, BNY Mellon and Citi and follows a $200 million Series C...

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BoA Reports 30% Jump in Virtual Assistant Usage
BoA Reports 30% Jump in Virtual Assistant Usage
July 18, 2022  |  Earnings

Americans are getting to know Bank of America’s Erica. BoA said in its second-quarter earnings report Monday (July 18) that customer usage of Erica —...

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EMEA Daily: Ping Express Pleads Guilty to Failing to Maintain Adequate AML Safeguards
EMEA Daily: Ping Express Pleads Guilty to Failing to Maintain Adequate AML Safeguards
July 15, 2022  |  emea

In today’s top news from Europe, the Middle East and Africa (EMEA), Ping Express pleads guilty to anti-money laundering failings, plus Amazon adds new jobs...

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Big Banks Face Big Fines Over Messaging Apps
Big Banks Face Big Fines Over Messaging Apps
July 15, 2022  |  Bank Regulation

Five of America’s biggest investment banks are preparing to pay a combined $1 billion in fines for letting their workers use unauthorized messaging apps. As...

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Weekly TechREG US: NY Regulator Prohibits Overdraft, NSF Fees; California Probes Crypto Lender Over Withdrawal Suspensions
Weekly TechREG US: NY Regulator Prohibits Overdraft, NSF Fees; California Probes Crypto Lender Over Withdrawal...
July 15, 2022  |  Regulation

This week in TechREG, state regulators have been very active proposing new regulations and taking enforcement actions. California probed several crypto lenders for suspending withdrawals...

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BoA Names Former Prudential Exec James Gill for EMEA Top Post
BoA Names Former Prudential Exec James Gill for EMEA Top Post
July 14, 2022  |  Personnel

Bank of America has promoted James Gill, a former executive for insurance company Prudential, to lead its financial institutions franchise for Europe, the Middle East...

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CFPB Fines Bank of America $100M Over Alleged Unlawful Account Freezing
CFPB Fines Bank of America $100M Over Alleged Unlawful Account Freezing
July 14, 2022  |  CFPB

The Consumer Financial Protection Bureau announced Thursday (July 14) that it has leveled a $100 million fine at Bank of America for allegedly messing up...

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