Bank of America

417 results about this entity

Period: 13 Jul 2004 - 24 Oct 2024

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Clearing firms invest in FIA Tech

/markets

Clearing firms invest in FIA Tech

A group of 10 clearing firms have committed $44 million to the Futures Industry Association's FIA Tech.

/payments

BofA expands digital B2C payment offerings

Bank of America is adding a new payment solution to its suite of business-to-consumer (B2C) payment capabilities. Named Pay to Card, the solution supports corporates’ growing need to pay consumers quickly and digitally by depositing funds directly into an individual’s or small business’ bank account.

/markets

Citi and Bank of America to build new multi-dealer CLO and syndicated loan platform

Citi and Bank of America are working together to build a new industry-led independent data and execution platform for fixed income markets.

Nubank pumps funds into Mexican unit

/inclusion

Nubank pumps funds into Mexican unit

Brazilian digital banking powerhouse Nubank is pumping $70 million into its Mexican subsidiary and has secured another $65 million in revolving credit lines for the business from Bank of America, Goldman Sachs and JPMorgan Chase.

/sustainable

Bank of America raises environmental initiative target three-fold to $1 trillion

Bank of America today announced a goal of deploying and mobilizing $1 trillion by 2030 in its Environmental Business Initiative in order to accelerate the transition to a low-carbon, sustainable economy.

/payments

Bank of America acquires healthcare payments startup Axia

Bank of America today announced that it has acquired Axia Technologies, Inc. (“AxiaMed”), an industry-leading health care payment and technology company focused on facilitating secure patient payments.

FS giants join $40m Greenwood funding round

/inclusion

FS giants join $40m Greenwood funding round

Mastercard, Visa and host of America's biggest banks have joined a $40 million Series A funding round for Greenwood, the digital banking startup targeting Black and Latino people and business owners.

/retail

Bank of America files record number of patents

Bank of America inventors filed 722 patent applications with the United States Patent Office last year, the most in the company’s history.

/sustainable

Bank of America sets 2050 net zero goal

Building on Bank of America’s longstanding support for the Paris Climate Agreement, the company today outlined initial steps to achieve its goal of net zero greenhouse gas (GHG) emissions in its financing activities, operations and supply chain before 2050.

BofA customers go digital during pandemic

/retail

BofA customers go digital during pandemic

Bank of America has seen a surge in digital engagement during the Covid-19 pandemic, with 70% of consumer clients now using online and mobile channels.

Big US banks pilot data sharing risk assessment service

/retail

Big US banks pilot data sharing risk assessment service

Bank of America, JPMorgan Chase, PNC Bank, TD Bank, Truist, US Bank, and Wells Fargo have piloted a data sharing risk assessment service that streamlines risk evaluations of data aggregators and financial apps.

Oxford University professor: ‘There is a real threat that fintech will set gender diversity back’

/people

Oxford University professor: ‘There is a real threat that fintech will set gender diversity back’

One of Sibos’ first panel sessions for 2021, ‘Make 2021 the year to improve your bank’s diversity’, saw panellists raise concern over the lack of diverse representation in financial services, particularly fintech.

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