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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This Week in B2B: Capturing the Digital Innovations Reshaping Workflows
This Week in B2B: Capturing the Digital Innovations Reshaping Workflows
July 25, 2024  |  B2B Payments

In the B2B landscape, the only constant is change — and technology is the change agent. After all, while trust remains foundational in B2B relationships,...

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Bank of America: CashPro App Payment Approvals Volume Up 40%
Bank of America: CashPro App Payment Approvals Volume Up 40%
July 25, 2024  |  B2B Payments

Bank of America said Thursday (July 25) that the volume of corporate payment approvals completed via its mobile app for corporate and commercial banking, CashPro...

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3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction
3 Ways Automation Is the Shortcut to Reducing B2B Payments Friction
July 22, 2024  |  B2B Payments

Better business-to-business (B2B) payments need to reduce costs, enable scalability, and support data-driven decision-making. Traditionally, the manual processes supporting the accounts payable (AP) and accounts...

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Beyond the Bank: Bank of America’s Strategic Shift to FinTech Collaboration
Beyond the Bank: Bank of America’s Strategic Shift to FinTech Collaboration
July 19, 2024  |  Partnerships

In a business landscape that moves fast, standing still can be fatal. Digital innovation has sharpened the knife of inertia, and the collaboration between traditional...

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Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
July 16, 2024  |  Earnings

For Bank of America, digital channels have represented avenues of continued growth, making inroads with credit card spending in particular. According to management, there’s still...

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BofA Adds Transaction Search Engine to CashPro
BofA Adds Transaction Search Engine to CashPro
July 11, 2024  |  B2B Payments

Bank of America has added a transaction search engine to its CashPro banking platform. “When it comes to finding, analyzing and acting on their company’s...

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Trending: Earnings Season Set to Spotlight Digital Banking
Trending: Earnings Season Set to Spotlight Digital Banking
July 08, 2024  |  Digital Banking

The big banks will kick off earnings season Friday (July 12), as is the case quarter after quarter. In addition to the usual metrics that...

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Case Against Big Banks Overcharging on Corporate Bonds Revived
Case Against Big Banks Overcharging on Corporate Bonds Revived
July 02, 2024  |  Legal

A lawsuit accusing 10 banking giants of overcharging investors on corporate bonds has been resurrected. The reason, as Reuters reported Tuesday (July 2), is because...

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Are Chatbots the New Face of Financial Customer Service?
Are Chatbots the New Face of Financial Customer Service?
June 19, 2024  |  artificial intelligence

Move over, human tellers: artificial intelligence (AI) chatbots may be the new face of banking. As digital solutions continue to disrupt the industry, experts say...

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