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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Goldman, Others Tighten Rules On Betting Against Retail Traders’ Meme Stocks
Goldman, Others Tighten Rules On Betting Against Retail Traders’ Meme Stocks
June 06, 2021  |  Regulation

New rules could be on the horizon as Wall Street ponders meme stocks, Bloomberg reported. Wall Street’s leading brokers are exploring new mandates that could...

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Bank Of America Sees More Than Healthcare In Axia Acquisition
Bank Of America Sees More Than Healthcare In Axia Acquisition
April 27, 2021  |  Healthcare

On the surface, it appeared as a typical acquisition. A bank, Bank Of America, acquires a healthcare payments platform, Axia Technologies, to strengthen its patient/provider...

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Today In B2B: Employees’ Payroll Needs; Bank of America’s AP Tool Debut
Today In B2B: Employees’ Payroll Needs; Bank of America’s AP Tool Debut
April 22, 2021  |  B2B Payments

Today in B2B payments, Deel discusses employee payroll needs and Bank of America launches its accounts payable solution. Plus, ArcaPay talks faster cross-border B2B payments,...

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Bank Of America Rolls Out AP Automation Platform
Bank Of America Rolls Out AP Automation Platform
April 21, 2021  |  Accounts Payable

To help businesses automate and digitize their accounts payable (AP) divisions, Bank of America is rolling out Complete AP. The offering can be connected with...

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Bank of America’s Profits Double; 40.3 Million Customers Use Digital Banking
Bank of America’s Profits Double; 40.3 Million Customers Use Digital Banking
April 15, 2021  |  Earnings

With the pandemic economic crisis fading, Bank of America said on Thursday (April 15) that it had released $2.7 billion of the cash it had...

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Wells, Citi, JPM Q1 To Reflect Focus On Resilient Consumer
Wells, Citi, JPM Q1 To Reflect Focus On Resilient Consumer
April 13, 2021  |  Earnings

Every three months earnings season arrives, like clockwork. And every three months we get commentary from publicly traded firms’ management on the health of the...

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Nu Mexico To Receive $135 Million Infusion To Fuel Early-Stage Operations
Nu Mexico To Receive $135 Million Infusion To Fuel Early-Stage Operations
April 08, 2021  |  Digital Banking

To fuel its early-stage business in Mexico, Nubank’s unit in the Latin American country is receiving an infusion of $135 million, Bloomberg reported. Brazil-based Nubank...

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Today In Payments: Foot Traffic Moving Slowly Despite Vaccinations; Plaid Reportedly Near $13 Billion Valuation
Today In Payments: Foot Traffic Moving Slowly Despite Vaccinations; Plaid Reportedly Near $13 Billion Valuation
April 05, 2021  |  News

In today’s top news, foot traffic is still down, despite an increase in vaccination distribution, and Plaid is reportedly near a $13 billion valuation with...

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Bank Of America Acquires Healthcare Payment Startup Axia Technologies
Bank Of America Acquires Healthcare Payment Startup Axia Technologies
April 02, 2021  |  Partnerships / Acquisitions

Bank of America (BoA) is acquiring the German healthcare payment and technology company Axia Technologies for an undisclosed amount as the financial institution (FI) seeks...

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