Cashpro news and trends

Beyond the Bank: Bank of America’s Strategic Shift to FinTech Collaboration
Partnerships // July 19, 2024

In a business landscape that moves fast, standing still can be fatal. Digital innovation has sharpened the knife of inertia, and the collaboration between traditional banks and FinTech companies is becoming crucial for competitive differentiation. The partnership between banks and FinTechs allows each party to...

BofA Adds Transaction Search Engine to CashPro
B2B Payments // July 11, 2024

Bank of America has added a transaction search engine to its CashPro banking platform. “When it comes to finding, analyzing and acting on their company’s financial information, corporate finance departments, treasurers and CFOs expect the same ease and convenience they enjoy while managing their personal...

Bank of America Adds ‘Insights’ to CashPro Platform
Digital Banking // January 09, 2024

Bank of America has debuted an analytics tool for its CashPro digital banking platform. CashPro Insights, announced Tuesday (Jan. 9), is designed to let the bank’s corporate and commercial clients glean insights that help them make more informed treasury decisions. “In treasury and cash management, data continues to...

Bank of America’s CashPro Adds Tool for Validating Payments
Faster Payments // December 19, 2022

Bank of America has launched a self-service tool for straight-through processing (STP) that accelerates payment file processing, thereby reducing delays and improving the client experience. The new CashPro Validator eliminates a common source of delays by enabling business clients to self-serve on validating payments and...

Interviews & Exclusives
Beyond the Bank: Bank of America’s Strategic Shift to FinTech Collaboration

July 19, 2024
In a business landscape that moves fast, standing still can be fatal. Digital innovation has sharpened the knife of inertia, and the collaboration between traditional banks and FinTech companies is becoming crucial for competitive differentiation. The partnership between banks and FinTechs allows each party to focus on its core strengths. Banks can continue to offer […]

Quick Reads
Bank of America: CashPro App Payment Approvals Volume Up 40%

July 25, 2024
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 App, is up 40% from last year. The volume topped $500 billion in the first half of 2024 and is on pace to reach $1 trillion by the end of […]

BofA Adds Transaction Search Engine to CashPro

July 11, 2024
Bank of America has added a transaction search engine to its CashPro banking platform. “When it comes to finding, analyzing and acting on their company’s financial information, corporate finance departments,...

Bank of America Adds ‘Insights’ to CashPro Platform

January 09, 2024
Bank of America has debuted an analytics tool for its CashPro digital banking platform. CashPro Insights, announced Tuesday (Jan. 9), is designed to let the bank’s corporate and commercial clients glean insights that...

Bank of America’s CashPro Adds Tool for Validating Payments

December 19, 2022
Bank of America has launched a self-service tool for straight-through processing (STP) that accelerates payment file processing, thereby reducing delays and improving the client experience. The new CashPro Validator eliminates...