Bank of America

409 results about this entity

Period: 13 Jul 2004 - 08 Apr 2024

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/sustainable

Bank of America sets 2050 net zero goal

Building on Bank of America’s longstanding support for the Paris Climate Agreement, the company today outlined initial steps to achieve its goal of net zero greenhouse gas (GHG) emissions in its financing activities, operations and supply chain before 2050.

BofA customers go digital during pandemic

/retail

BofA customers go digital during pandemic

Bank of America has seen a surge in digital engagement during the Covid-19 pandemic, with 70% of consumer clients now using online and mobile channels.

Big US banks pilot data sharing risk assessment service

/retail

Big US banks pilot data sharing risk assessment service

Bank of America, JPMorgan Chase, PNC Bank, TD Bank, Truist, US Bank, and Wells Fargo have piloted a data sharing risk assessment service that streamlines risk evaluations of data aggregators and financial apps.

Oxford University professor: ‘There is a real threat that fintech will set gender diversity back’

/people

Oxford University professor: ‘There is a real threat that fintech will set gender diversity back’

One of Sibos’ first panel sessions for 2021, ‘Make 2021 the year to improve your bank’s diversity’, saw panellists raise concern over the lack of diverse representation in financial services, particularly fintech.

/payments

Bank of America launches cross-border payments tracker with Swift gpi

Bank of America, a charter member of SWIFT Global Payments Innovation (gpi), announced today the launch of a CashPro self-service tool that allows clients to have real-time visibility into their international payments.

/payments

BofA launches cross-border payment tracker; expands Swift gpi support

Bank of America, a charter member of SWIFT Global Payments Innovation (gpi), announced today the launch of a CashPro® self-service tool that allows clients to have real-time visibility into their international payments.

EBAday 2020: Batch processing gives way to the instant payments revolution

/payments

EBAday 2020: Batch processing gives way to the instant payments revolution

At EBAday 2019 in Stockholm, Deutsche Bank’s Koral Araskin highlighted that if instant payments is the new normal, banks will heavily depend on cash buffers to cover all payment flows - even those which come outside of normal working hours. "Is this really meaningfully achievable?" he pondered last year. The events of 2020 and the impact of Covid-19 have truly shown that it must be achievable.

/payments

Bank of America wades into payday loans business

Bank of America today introduced Balance Assist, a revolutionary new solution that provides a low-cost way for clients to manage their short-term liquidity needs, borrowing only the amount they need, up to $500.

/payments

BofA launches omni-channel approach to cross-currency transactions

Bank of America is responding to the dual imperatives of cross-currency transactions – technology innovation and client demand for improved efficiency – with an omni-channel offering that now includes API (application programming interface) and mobile connectivity.

/payments

BofA adds three new APIs to CashPro treasury product

Bank of America is supporting the increasing demand for real-time information and processing in corporate treasury with the launch of three new APIs (application programming interface).

BofA launches financial planning tool

/retail

BofA launches financial planning tool

Bank of America has unveiled a digital tool, called Life Plan, that helps customers set and track their financial goals.

Client is king: How two US banks optimise tech execution

/wholesale

Client is king: How two US banks optimise tech execution

In anticipation of Sibos 2020, we zero-in on a key focus area that financial institutions across the payments landscape will be paying close attention to as technology becomes more complex, consumers more sophisticated, and margins ever-more slim. That is, getting the most out of technology investments by improving execution.

Bank of America sets company record for patents filed and granted during first half of 2020

Bank of America today announced it has recorded the most patents filed and granted in the first half of any year in the history of the company.

Bank of America upgrades mobile app

At a time when clients are engaging heavily through digital channels, Bank of America has announced enhancements to its mobile banking app as part of its ongoing commitment to delivering a personalized digital experience for clients’ banking, investing and lending needs.

/retail

Bank of America brings mobile wallet to EMEA and APAC

Bank of America has expanded its mobile wallet capabilities for corporate clients in EMEA and APAC.

BNP Paribas joins IBM Cloud for Financial Services initiative

/cloud

BNP Paribas joins IBM Cloud for Financial Services initiative

BNP Paribas is to become an anchor client in the EU for IBM's Cloud for Financial Services framework, developed in collaboration with Bank of America to drive financial-grade security and compliance controls in public cloud infrastructures.

/sustainable

Bank of America signs 10-year solar electricity agreement to power offices and ATMs

Bank of America announced today its first 10-year structured renewable energy agreement for solar power in Texas.

/markets

Bank of America goes live on WeMatch and Pirum securities lending platform

Wematch and Pirum Systems announce go-live with Bank of America on their integrated service on Securities Lending.

Bank of America: Advice for Corporate Treasurers Post-Covid

/payments

Bank of America: Advice for Corporate Treasurers Post-Covid

Serina Hourican, Head of Commercial Sales for APAC, Bank of America, speaks to FinextraTV about changes the industry has made over the last few months, the rapid move from paper-based to digital documentation made by commercial clients and whether the industry is looking at the ‘new normal’ with the way we work.

Bank of America leak exposes business details of PPP relief applicants

/security

Bank of America leak exposes business details of PPP relief applicants

Bank of America accidentally exposed the personal details of applicants applying for loans from the Paycheck Protection Program during a test submission to the US Small Business Administration system.

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