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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

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

Instacart files registration statement for public offering

News | Payments General | 28 Aug 2023

US-based grocery tech company Instacart has filed a registration statement on Form S-1 with the US Securities and Exchange Commission regarding a proposed initial public offering of its common stock.

ecommerce, public listing, online shopping, payment methods

Central banks vs. private-sector payment systems - a fair battle?

Voice of the Industry | Online & Mobile Banking | 13 Feb 2023

Eric Grover, Principal at Intrepid Ventures, analyses the unbalanced competition between central banks and private-sector payment systems across the globe, revealing what are each’s strengths.

central bank, payments system, cross-border payments, fintech

Banks including Wells Fargo, BofA consider Zelle for retail

News | Online & Mobile Banking | 08 Apr 2022

Wells Fargo and Bank of America, among other banks, have reportedly planned to enable Zelle for online retail payments at big merchants, according to eMarketer citing the Wall Street Journal.

Bank of America, Open Banking, mobile banking

The creator economy and the impact of Gen Z on payments innovation – insights from Thunes

Interviews | Online Payments | 04 Apr 2022

Bogdan Dinu, Chief Product Officer at Thunes: ‘The growth of the creator economy worldwide is one of the biggest trends right now, and this market is estimated at about USD 100 billion’


Thunes, online payments, marketplace, Gen Z, digital payments, payout, cross-border payments, payment methods

Bank of America cuts down fees for account overdrafts

News | Payments General | 12 Jan 2022

Bank of America has slashed the amount it charges customers when they spend more than they have in their accounts and plans to eliminate entirely its fees for bounced checks, according to US News.

Bank of America, banks, retail banking

SoftBank-backed Frete.com receives USD 200 mln funding

News | E-invoicing, SCF & E-procurement | 15 Nov 2021

Brazil-based Frete.com has received the unicorn status in the Latin American ecosystem after closing a USD 200 million round led by SoftBank and Tencent, according to LABS.

trade finance, investment

BofA boosts B2C payments with Recipient Select

News | Online & Mobile Banking | 13 Oct 2021

Bank of America has launched a new solution, which enables companies with frequent payments to consumers to provide their beneficiaries with the ability to choose how they want to be paid. 

Bank of America announces research coverage for digital assets

News | Cryptocurrencies | 06 Oct 2021

Bank of America (BofA) has published its first research coverage focused on cryptocurrencies and other digital assets.

Bitcoin, digital assets, banks, report

BofA shows surge of digital usage in Q2 2021

News | Online & Mobile Banking | 16 Jul 2021

Bank of America has revealed that a pair of digital usage metrics surged year-over-year (YoY) during Q2 2021. 

digital banking, mobile banking, online banking

dLocal announces filing of registration statement for proposed IPO

News | Online Payments | 06 May 2021

dLocal, a technology-first payments platform, has publicly filed a registration statement on Form F-1 with the US Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its Class A common shares.

dLocal, JP Morgan, local payment method, merchants

Paysafe completes business merger with Foley Trasimene

News | Online Payments | 31 Mar 2021

Paysafe and Foley Trasimene have completed their previously announced merger.

Paysafe, merger, online payments

BofA adds three APIs to CashPro to advance real-time treasury

News | Payments General | 09 Oct 2020

Bank of America has launched three new APIs to support the increasing demand for real-time information and processing in corporate treasury.

Bank of America, APIs, corporate treasury, CashPro, FX , payments , Commercial Cards

BofA rolls out omni-channel cross-currency transactions approach

News | E-invoicing, SCF & E-procurement | 09 Oct 2020

Bank of America has released an omnichannel offering that includes API and mobile connectivity in response to the imperatives of cross-currency transactions.

BofA, omni-channel, cross-currency, payments , transactions , Bank of America, CashPro app, app, financial institutions, API, mobile connectivity, trade, FX trades, FX trading

Société Générale becomes a liquidity provider for FXSpotStream's clients

News | E-invoicing, SCF & E-procurement | 22 May 2020

Société Générale has joined FXSpotStream’s price aggregation service as a liquidity providing bank, bringing the total number of banks available for clients through the service to 15.

Covid-19 will spur EU payments dirigisme and protectionism

Voice of the Industry | Online Payments | 01 May 2020

Eric Grover, Principal at Intrepid Ventures, analyses how the Covid-19 pandemic fuels EU’s dirigisme in payments by highlighting the main changes that were made

Eric Grover, Intrepid Ventures, COVID-19, payments , cards, fees, acquirers, banking, credit card interchange, US, EU, Visa, MasterCard, PEPSI

Bank of America reportedly joins RippleNet to power instant global payments

News | Payments General | 20 Feb 2020

Bank of America (BofA) has been quietly exploring the blockchain technology for several years now, and could be officially joining RippleNet, according to Zy Crypto.

Bank of America, BofA, blockchain, RippleNet, cross border payments, instant payments, DLT, US

Flywire teams up with BofA on cross-border payments

News | Online & Mobile Banking | 30 Oct 2019

Open Banking Report 2019

US-based payments platform Flywire has unveiled a new offering of simplified cross-border payments and receipts for Bank of America.

Flywire, US, Global Payments, partnership, Bank of America, corporate banking, B2B payments, cross-border remittances, JCB International, United States, North America, payments settlement