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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From Footprint to Foundation: How Big Banks Build Loyalty With Gen Z
From Footprint to Foundation: How Big Banks Build Loyalty With Gen Z
August 20, 2024  |  Banking

Big banks have been revisiting their branching strategies — branching (slight pun intended) into new markets, covering parts of the country thus far underserved by...

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Regulatory Backlash Against Chatbots Comes as Banks Find Value in Their Use
Regulatory Backlash Against Chatbots Comes as Banks Find Value in Their Use
August 14, 2024  |  artificial intelligence

For banks, the chatbot is a tool that’s being retooled, a work in progress. The progress is being hastened by artificial intelligence (AI), where the...

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BofA CEO: Consumers Could Sour Without Interest Rate Cuts
BofA CEO: Consumers Could Sour Without Interest Rate Cuts
August 11, 2024  |  Consumer Finance

American consumers could become disheartened if the Federal Reserve doesn’t cut interest rates soon. That’s according to Bank of America CEO Brian Moynihan, who made...

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They Said That: Notable Quotables for the Week of August 5
They Said That: Notable Quotables for the Week of August 5
August 09, 2024  |  Technology

While you were watching track and field, basketball, fencing and swimming we were keeping our usual close eye on the “faster, higher, stronger” world of...

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The Road to Digital Healthcare Payments Starts With a Few Cashless Steps, Says Bank of America
The Road to Digital Healthcare Payments Starts With a Few Cashless Steps, Says Bank of...
August 09, 2024  |  Healthcare

There are few sectors outside of healthcare that are more emblematic of both digital technology’s potential and the challenges that come with implementing it. In...

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US Bank Stocks Dip After Country’s Unemployment Rate Jumps
US Bank Stocks Dip After Country’s Unemployment Rate Jumps
August 05, 2024  |  Economy

Several U.S. bank stocks reportedly slipped Monday (Aug. 5) as investors left the sector amid rising fears of a potential recession. Among the losses were...

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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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