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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Today In Digital-First Banking: NY-Based FinTech Petal Notches $55M; BNY Mellon, GTreasury Collaborate For Cash Management
Today In Digital-First Banking: NY-Based FinTech Petal Notches $55M; BNY Mellon, GTreasury Collaborate For Cash...
September 25, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, New York-based FinTech Petal has landed an additional $55 million, while BNY Mellon announced a collaboration with GTreasury...

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BoA CEO: More Consumers Keeping Credit Card Payments Current
BoA CEO: More Consumers Keeping Credit Card Payments Current
September 24, 2020  |  Economy

Bank of America’s CEO said Thursday (Sept. 24) credit card delinquencies are “lower now than they were last year” as more people come off deferrals...

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Berkshire Hathaway Sells $2.5B Stake In Wells Fargo
Berkshire Hathaway Sells $2.5B Stake In Wells Fargo
September 07, 2020  |  Investments

Warren Buffett has once again reduced his company’s investment in Wells Fargo & Co., favoring Bank of America (BoA) instead. The Financial Times (FT) reported...

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Today In Payments: Uber Mulls Franchise Model In California; Amazon Tells Sellers To Ship On Prime Schedule
Today In Payments: Uber Mulls Franchise Model In California; Amazon Tells Sellers To Ship On...
August 19, 2020  |  News

In today’s top news, Uber is considering switching to a franchise model in California to avoid reclassifying its gig workers, and Amazon wants third-party sellers...

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BoA: Replacing Chinese Suppliers Comes With $1T Price Tag
BoA: Replacing Chinese Suppliers Comes With $1T Price Tag
August 18, 2020  |  International

U.S. and European companies will have to spend as much as $1 trillion to replace Chinese suppliers, but the expense will be worth it, according...

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Luxury Market Heads For Recovery
Luxury Market Heads For Recovery
August 14, 2020  |  Retail

The luxury goods and apparel business looks to be poised for a comeback, driven in part by the consumer shift to Digital 3.0. The evidence...

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BoA Expands Mobile Wallets To EMEA, APAC Corporate Clients
BoA Expands Mobile Wallets To EMEA, APAC Corporate Clients
July 29, 2020  |  B2B Payments

Bank of America (BoA) has expanded its mobile wallet use to include corporate customers in the Europe, Middle East and Africa (EMEA) and Asia Pacific...

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Berkshire Hathaway Buys 11.3 Pct Of Bank Of America Shares
Berkshire Hathaway Buys 11.3 Pct Of Bank Of America Shares
July 23, 2020  |  Investments

Berkshire Hathaway, the Warren Buffett-helmed conglomerate that owns Geico, upped its stake in Bank of America (BoA) by over $800 million, in what the Financial...

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Today In Payments: EU Ruling Limits Personal Data Transfer To US; Airbnb Revives Plan To Go Public
Today In Payments: EU Ruling Limits Personal Data Transfer To US; Airbnb Revives Plan To...
July 16, 2020  |  News

In today’s top news, EU’s top court will limit companies’ ability to transfer personal data to the U.S., and Airbnb said it will revive its...

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