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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Big Retailers Raising Wages Faster Than New $15 State Mandates
Big Retailers Raising Wages Faster Than New $15 State Mandates
December 29, 2021  |  Retail

Of the 26 states — and Washington, D.C. — mandating minimum wage raises in 2022, California and New York are the only states that will...

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BoA Debuts Luxury Credit Card With Airline, Lifestyle Credits
BoA Debuts Luxury Credit Card With Airline, Lifestyle Credits
December 14, 2021  |  Credit Cards

Bank of America is debuting a luxury credit card called the Bank of America Premium Rewards Elite card, CNBC reported. The card was rolled out...

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Apple’s Move Into AR/VR Impresses BofA
Apple’s Move Into AR/VR Impresses BofA
December 14, 2021  |  Retail

Apple on Tuesday (Dec. 14) got an upgrade price target boost at Bank of America up from $160 to $210 after the tech giant announced...

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BoA COO Sees Value in Crypto for Banks 
BoA COO Sees Value in Crypto for Banks 
November 05, 2021  |  Cryptocurrency

Bank of America chief operating officer Tom Montag said at a Chainalysis event Thursday (Nov. 4) in New York City that some parts of the...

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Bank of America Debuts Account Validation for Corporate and Public-Sector Clients
Bank of America Debuts Account Validation for Corporate and Public-Sector Clients
October 28, 2021  |  Authentication

Bank of America on Thursday (Oct. 28) launched the Account Validation fraud prevention service to help corporate and public sector clients make electronic credit or...

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Bank of America Debuts Business Advantage Unlimited Cash Rewards Card
Bank of America Debuts Business Advantage Unlimited Cash Rewards Card
October 21, 2021  |  Credit Cards

Bank of America on Thursday (Oct. 21) unveiled the Business Advantage Unlimited Cash Rewards card, which will give small business owners unlimited 1.5% cash back...

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Bank of America Says Zelle Users Have Grown 24% YoY
Bank of America Says Zelle Users Have Grown 24% YoY
October 14, 2021  |  Earnings

Bank of America’s third-quarter earnings results showed a continued increase in customers using digital and mobile channels for their banking needs, while $1.1 billion in...

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Bank Execs Wary but Hopeful Supply Chain Snarls Will End by 2022
Bank Execs Wary but Hopeful Supply Chain Snarls Will End by 2022
October 12, 2021  |  Supply Chain

Supply chain disruptions will likely not be concerning in a few months, according to J.P. Morgan’s Jamie Dimon and other powerful bank CEOs, the Financial...

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Bank of America ‘Recipient Select’ Allows Consumer Payments Choice
Bank of America ‘Recipient Select’ Allows Consumer Payments Choice
October 12, 2021  |  Consumer Payments

Bank of America has rolled out a new solution allowing companies that pay consumers often to give their customers options on how to be paid,...

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