Bank of America

412 results about this entity

Period: 13 Jul 2004 - 25 Jul 2024

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/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.

/payments

Bank of America launches cross-border payments tracker with Swift gpi

Bank of America, a charter member of SWIFT Global Payments Innovation (gpi), announced today the launch of a CashPro self-service tool that allows clients to have real-time visibility into their international payments.

/payments

BofA launches cross-border payment tracker; expands Swift gpi support

Bank of America, a charter member of SWIFT Global Payments Innovation (gpi), announced today the launch of a CashPro® self-service tool that allows clients to have real-time visibility into their international payments.

EBAday 2020: Batch processing gives way to the instant payments revolution

/payments

EBAday 2020: Batch processing gives way to the instant payments revolution

At EBAday 2019 in Stockholm, Deutsche Bank’s Koral Araskin highlighted that if instant payments is the new normal, banks will heavily depend on cash buffers to cover all payment flows - even those which come outside of normal working hours. "Is this really meaningfully achievable?" he pondered last year. The events of 2020 and the impact of Covid-19 have truly shown that it must be achievable.

/payments

Bank of America wades into payday loans business

Bank of America today introduced Balance Assist, a revolutionary new solution that provides a low-cost way for clients to manage their short-term liquidity needs, borrowing only the amount they need, up to $500.

/payments

BofA launches omni-channel approach to cross-currency transactions

Bank of America is responding to the dual imperatives of cross-currency transactions – technology innovation and client demand for improved efficiency – with an omni-channel offering that now includes API (application programming interface) and mobile connectivity.

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