Bank of America - News, Articles & Research

BofA invests in iCapital

Bank of America has built on its partnership with iCapital Network by making a strategic investment in the alternative investment platform.

23 June 2022

Company announcement/payments

BofA expands virtual account management tech to firms in the US

This month, Bank of America’s market-leading Virtual Account Management (VAM) solution is coming to companies operating in the United States.

14 June 2022

News/sustainable

Bank of America pledges £1.2 million to Oxford research teams tackling climate change

Bank of America has pledged £1.2m to the University of Oxford to support greenhouse gas removal and sustainable finance research at the Smith School of Enterprise and the Environment.

10 May 2022

News/payments

Bank of America to switch all cards to recycled plastic; Citi starts corporate card conversion

Bank of America is to convert all of its credit and debit cards to 80% recycled plastic starting in 2023.

22 April 2022

News/payments

Zelle's bank owners split on competing with cards at the checkout - WSJ

Some of the banks behind Zelle want to take the American P2P payments service to the checkout, taking on Visa and Mastercard, according to the Wall Street Journal.

07 April 2022

News/identity

US banks back ID verification service

Some of America's biggest lenders have joined forces with Early Warning on a service that lets people use their bank login details to verify their identity when using participating business' sites and apps.

06 April 2022

News/markets

Wall Street players launch syndicated loan platform

Some of the biggest banks on Wall Street are backing a new syndicated loan platform, called Versana, that is aiming to bring transparency, efficiency and velocity to the $5 trillion market.

17 March 2022

Company announcement/retail

Digital engagement soars at Bank of America

Bank of America added more than 2 million active digital clients last year, a single-year record, with its total number of verified digital users reaching more than 54 million.

22 February 2022

Company announcement/sustainable

AXA, BofA join Ocean finance initiative

The development of a new global finance ecosystem designed to channel hundreds of millions of dollars into coastal and ocean natural capital by 2030 is underway, it was announced today at the One Ocean Summit hosted by France.

10 February 2022

Company announcement/payments

Bank of America launches AI-enabled CashPro Forecasting

Bank of America today announced the launch of CashPro Forecasting, a tool that uses artificial intelligence (AI) and machine learning (ML) technology to more accurately predict future cash positions across clients’ accounts at Bank of America and other financial institutions.

18 January 2022

News/security

BofA launches Account Validation service

Bank of America has rolled out a fraud prevention service for corporate and public sector clients making payments in the US.

29 October 2021

News/sustainable

Reaching net-zero will require $5 trillion every year for the next 30 years, says BoA report

Ahead of COP26, Bank of America Global Research has issued a net-zero primer and stocks picks report, which predicts that $5 trillion will need to be invested every year for the next 30 years, if global emissions targets are to be reached.

15 October 2021