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.
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...
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...
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...
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...
U.S. consumers are taking on more card debt than has been seen in years. And in recent weeks, filings by several big banks show that...
Turns out contactless payments were a lot more than a pandemic solution. They were in development as early as 2008, but what began as a...
Big banks have been revisiting their branching strategies — branching (slight pun intended) into new markets, covering parts of the country thus far underserved by...
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...
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...