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BofA launches a new data-driven treasury management tool

News | Online & Mobile Banking | 10 Jan 2024

Bank of America has announced the launch of a new data-driven treasury management tool named CashPro Insights.

product launch, digital banking, wealth management, banks

American Banks to compete with Big Tech by launching a mobile wallet

News | Mobile Payments | 19 Sep 2023

A group of banks such as JP Morgan and Bank of America have revealed their plans to launch a mobile wallet named Paze in a bid to compete with Big Tech companies.

mobile payments, digital wallet, partnership, banks

Bank of America launches its CashPro Supply Chain Solutions

News | Online & Mobile Banking | 19 Sep 2023

Bank of America has announced the launch of its CashPro Supply Chain Solutions in order to provide the benefits of digitalisation to participants of a supply chain.

product launch, supply chain finance, banking, online banking, digital banking, mobile banking

BofA launches Global Digital Disbursements in Canada

News | Online & Mobile Banking | 30 Aug 2023

Bank of America has announced the launch of Global Digital Disbursements in Canada facilitated by the money movement solution of Interac, Interac e-Transfer.

product launch, banking, fintech, paytech, e-invoicing, financial services, payments , Request to Pay, digital payments

Bank of America launches its Breakthrough Lab

News | Online & Mobile Banking | 17 May 2023

Bank of America has announced the launch of its impact accelerator programme, Breakthrough Lab, for companies and enterprises from underrepresented regions. 

product launch, online banking, digital banking, mobile banking, Bank of America, banks, financial institutions, financial services

Seven banks team up to launch digital wallet

News | Payments General | 24 Jan 2023

Wells Fargo, Bank of America, JPMorgan Chase, and four other banks have teamed up to launch a digital wallet that people can use to shop online. 

banks, payments , e-wallet, partnership, product launch

Bank of America expands Hope Inside financial counselling programme

News | Online & Mobile Banking | 20 Dec 2022

Bank of America has decided to expand its Hope Inside financial counselling programme in the context of rising inflation.

financial services, banks, bank account, personal finance management

Bank of America to cover over 350 payment types with CashPro Payment API

News | Online & Mobile Banking | 13 Oct 2022

Bank of America (BoA) has expanded its CashPro Payment API to give customers access to more than 350 payment types and bundle payments.

cross-border payments, API, Bank of America, ACH, PIX, payment processing

Bank of America and Banked extend Pay by Bank to euro currency payments

News | Online & Mobile Banking | 10 Oct 2022

Bank of America has delivered Pay by Bank for euro currency payments in conjunction with UK-based fintech Banked.

account-to-account payment, mobile banking, real-time payments, API, Open Banking

Bank of America invests more in its digital channels

News | Online & Mobile Banking | 29 Aug 2022

Bank of America has expanded its investments in digital channels as customers shift their transactions online in record numbers. 

banks, digitalisation, online banking, mobile banking, investment

Federal regulators fine Bank of America USD 225 mln

News | Digital Identity, Security & Online Fraud | 15 Jul 2022

Federal regulators have fined Bank of America USD 225 million for ‘botching the disbursement of state unemployment benefits at the height of the pandemic’. 

banks, regulation, fraud management, prepaid card, fraud detection