Bank of America Merrill Lynch

149 results about this entity

Period: 09 Oct 2007 - 05 Oct 2022

R3 raises $107m

In the largest funding round in the history of distributed ledger technology, the R3 consortium has raised $107 million from around half of its members as well as Intel and Temasek Holdings.

BofA Merrill Lynch joins Neptune fixed income network

Neptune, the Fixed Income network for real-time “axe” indications, today announced the addition of Bank of America Merrill Lynch (“BAML”) to its network. With BAML, Neptune now has 22 banks signed to participate on the network with 19 live.

Merrill Lynch Wealth Management revamps mobile app

Merrill Lynch Wealth Management today announced major enhancements to its mobile apps and other technologies in recognition of the growing use of mobile, social and web technologies in their clients’ personal and professional lives.

Bank-backed Visible Alpha unveils investment research platform

Visible Alpha, an investment research technology firm founded by some of the world’s leading investment banks – Bank of America Merrill Lynch, Citi, Jefferies, Morgan Stanley and UBS – today announced the commercial availability of its new investment research platform with content contributed by more than twenty research firms.

BAML shuns algorithms for digital investment platform

Bank of America Merrill Lynch is tapping the expertise of its investment officers, rather than algorithms, for the US launch of its online advisory platform.

Bank of America Merrill Lynch expands ACH payments capabilities on CashPro

Bank of America Merrill Lynch, a leader in global transaction services, has announced that it has substantially increased its international payments capabilities via the bank’s online and file-based banking portal, CashPro®.

Earthport expands cross-currency ACH deal with Bank of America Merrill Lynch

Earthport, the leading payment network for cross-border payments, is pleased to announce an expanded service with Bank of America Merrill Lynch (“BofAML”), a leading provider of global transaction services.

2017 will be the year of payments integration

Dean Henry, Director, Head of Global High Volume Payments, Bank of America Merrill Lynch, talks about the redirecting of fintech energy away from rivalry towards partnership, the challenges that globalisation presents for small, medium and large clients, the role of digital wallets to facilitate payments to parts of the world without robust traditional infrastructure, and how to tackle the proliferation of payments options now springing up.

Fintech is a new friend for banks

Stephanie Wolf, Head of Global Financial Institutions, Public Sector Banking and Canada Sales, Bank of America Merrill Lynch, discusses how fintechs can help transaction banks to deliver products and services more quickly, the need for banks to be nimble to respond to the shifting global trade environment and the outlook for correspondent banking over the next 3-5 years.

Bank of America Merrill Lynch speeds up US wholesale lockbox processing

Bank of America Merrill Lynch’s recent technology investment in end-to-end lockbox operations has improved its speed of processing from the time of receipt to the time of deposit by 25 percent, and the rate of straight-through automation to more than 70 percent.

Bank of America powers payments for US launch of ride hailing app Karhoo

Powered by Bank of America Merchant Services eCommerce and cybersecurity solutions, Karhoo is gearing up for the U.S. launch of its app-based ride comparison and hailing service.

Critical time for corporate onboarding

Tom Durkin, Managing Director, Digital Channels, Bank of America Merrill Lynch, discusses the pitfalls of the corporate bank onboarding process for both customers and banks, and how technology has the potential to improve the process.

Microsoft takes it own blockchain medicine in trade finance deployment

Bank of America Merrill Lynch is collaborating with Microsoft on a project to implement blockchain technology for trade finance transactions.

Merrill Lynch pays $12.5m fine over mini-flash crashes

The Securities and Exchange Commission has fined Merrill Lynch $12.5 million for ineffective trading controls which led to a series of "mini-flash crashes".

Swift beware: Ripple signs banks to global payments steering group

As Swift gears up for its annual Sibos jamboree in Geneva next week, the interbank messaging network is facing up to a growing threat from Ripple, which has signed up several major banks to a steering group on the use of distributed financial technology for global payments.

Bank consortia look to distributed ledgers and smart contracts to rewire trade finance

Bank of America Merrill Lynch, HSBC and the Infocomm Development Authority of Singapore have claimed success in demonstrating the application of distributed ledgers to replace paper-based Letters of Credit in trade finance transactions.

BofA Merrill Lynch launches electronic syndicated loan trading platform

Bank of America Merrill Lynch today announced the launch of a new electronic platform, Instinct® Loans, for the secondary trading of syndicated corporate loans.

It’s all about consumer experience

Tim Tynan, CEO, Bank of America Merchant Services, speaks about a customer desire for digital services and the importance of consumer buying-behaviour.

Bank of America adds data capture facility to CashPro Trade

Bank of America Merrill Lynch today announced that its trade finance processing application, Bank of America Merrill Lynch CashPro Trade, is now powered with innovative technology to assist clients with document identification and retrieval.

BofA Merrill Lynch boosts trade finance processing app

Bank of America Merrill Lynch today announced that its trade finance processing application, Bank of America Merrill Lynch CashPro Trade™, is now powered with innovative technology to assist clients with document identification and retrieval.