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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IBM And BofA Team On Bank Cloud Computing Platform
IBM And BofA Team On Bank Cloud Computing Platform
November 06, 2019  |  Banking

Bank of America has teamed with IBM and its regulatory compliance arm, Promontory Financial Group, to create a cloud computing platform that has privacy, security and...

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Bank of America Readies Launch Of Multi-Account Cash Forecasting
Bank of America Readies Launch Of Multi-Account Cash Forecasting
November 04, 2019  |  B2B Payments

Bank of America is developing a new cash-flow forecasting solution for its corporate customers in conjunction with a FinTech partner. On Monday (Nov. 4), Bank...

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Flywire Offers Upgraded Cross-Border Payments For BoA Users
Flywire Offers Upgraded Cross-Border Payments For BoA Users
October 28, 2019  |  Payment Methods

Payment solutions company Flywire is rolling out a simplified cross-border payments solution for Bank of America’s higher education and corporate clients, Flywire announced in a...

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B2B Finserv Embraces New Faster Payment Rails
B2B Finserv Embraces New Faster Payment Rails
October 23, 2019  |  B2B Payments

As the saying goes, if it isn’t broken, don’t fix it. But in payments, understanding whether something is broken in the first place — and,...

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Finserv Players Multitask With B2B Billers And Payers
Finserv Players Multitask With B2B Billers And Payers
October 22, 2019  |  B2B Payments

Corporate financial services providers taking aim at accounts payable friction this week pulled double-duty with new tools that also addressed friction for clients’ suppliers. It’s...

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Bank of America Optimizes AP Supplier Payment Channels
Bank of America Optimizes AP Supplier Payment Channels
October 21, 2019  |  B2B Payments

Bank of America is rolling out a new solution for professionals in accounts payable departments to automatically choose which payment method to pay their suppliers....

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Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
October 16, 2019  |  Earnings

Zelle P2P payments increased 76 percent year-over-year (YoY) in the third quarter of 2019, Bank of America said on Wednesday (Oct. 16), signaling the latest burst of...

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BoA Reported To Hire ‘Treasury Product Manager’ For Ripple
BoA Reported To Hire ‘Treasury Product Manager’ For Ripple
October 11, 2019  |  Personnel

Bank of America (BoA) may have hired a treasury product manager to work with Ripple. According to Cointelegraph, the bank recently took down a job...

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Bank Of America To Leverage Marco Polo For Trade Finance
Bank Of America To Leverage Marco Polo For Trade Finance
September 23, 2019  |  B2B Payments

Bank of America has announced that it has joined the Marco Polo Network, the leading trade and working capital finance network. The network — and...

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