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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Bank of America CEO: Consumer Spending Results ‘Bodes Well’ For Economic Outlook
Bank of America CEO: Consumer Spending Results ‘Bodes Well’ For Economic Outlook
October 15, 2024  |  Earnings

Interest rate cuts might have been on the mind of the Wall St. analysts gathered for the Bank of America third-quarter earnings call today (Oct....

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How to Navigate Cross-Border Payments With CFOs and Treasurers in Mind
How to Navigate Cross-Border Payments With CFOs and Treasurers in Mind
October 15, 2024  |  Cross-border Payments

Cross-border payments are the lifeblood of international business — but for finance teams, they often come with a side of risk and complexity. As the...

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Bank of America Merges FinTech and Technology Investment Banking Teams
Bank of America Merges FinTech and Technology Investment Banking Teams
October 14, 2024  |  Banking

Bank of America has merged its FinTech and technology investment banking teams. The 50 bankers in its FinTech team will join the 200 in its...

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Bank of America: Cybercrime Could Be ‘World’s Third-Largest Economy’
Bank of America: Cybercrime Could Be ‘World’s Third-Largest Economy’
October 10, 2024  |  Security & Fraud

The cost of cyberattacks is reportedly growing alongside the increases in digitization and artificial intelligence (AI). “If cybercrime damage were a state, it would be the...

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Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
Big Banks Joust With Neobanks for Lower-Income Consumer Accounts
October 04, 2024  |  Banking

There’s a commonality in financial services — for brick-and-mortar players and for several FinTechs, though the approach may differ: Serving the needs of lower-income households....

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This Week in B2B: Unlocking Working Capital With Cards and Automation
This Week in B2B: Unlocking Working Capital With Cards and Automation
October 03, 2024  |  B2B Payments

It’s the dawn of a new era in B2B. New technologies are simplifying workflows, streamlining buyer-supplier transactions, and improving transparency — and the technical lift...

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Bank of America Expands Working Capital Offering With Virtual Payables Direct
Bank of America Expands Working Capital Offering With Virtual Payables Direct
October 02, 2024  |  B2B Payments

Bank of America’s virtual card offering in Europe, the Middle East and Africa (EMEA) is expanding. The banking giant launched Virtual Payables Direct, a B2B...

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BofA: Tech Turns Global Trade’s Paper Jams Into Payment Streams
BofA: Tech Turns Global Trade’s Paper Jams Into Payment Streams
September 26, 2024  |  Technology

Global trade, at its heart, is about receivables. One company owes another for the goods or services it has purchased. While that may sound simple...

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Bank of America Plans 165 Branch Openings to Serve Clients With ‘Complex Financial Needs’
Bank of America Plans 165 Branch Openings to Serve Clients With ‘Complex Financial Needs’
September 23, 2024  |  Banking

Bank of America (BofA) plans to open dozens of branches over the next two years. Nearly 40 of those openings will happen this year, according...

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