Bank of America - News, Articles & Research

Company announcement/sustainable

Bank of America signs 10-year solar electricity agreement to power offices and ATMs

Bank of America announced today its first 10-year structured renewable energy agreement for solar power in Texas.

01 July 2020

Company announcement/markets

Bank of America goes live on WeMatch and Pirum securities lending platform

Wematch and Pirum Systems announce go-live with Bank of America on their integrated service on Securities Lending.

12 June 2020

Finextra TV/payments

Bank of America: Advice for Corporate Treasurers Post-Covid

Serina Hourican, Head of Commercial Sales for APAC, Bank of America, speaks to FinextraTV about changes the industry has made over the last few months, the rapid move from paper-based to digital documentation made by commercial clients and whether the industry is looking at the ‘new normal’ with the way we work.

04 June 2020

News/security

Bank of America leak exposes business details of PPP relief applicants

Bank of America accidentally exposed the personal details of applicants applying for loans from the Paycheck Protection Program during a test submission to the US Small Business Administration system.

22 May 2020

Company announcement/startups

Bank of America signs on as founding corporate sponsor of SciTech Scity Innovation Campus

Liberty Science Center (LSC) announced today that Bank of America has signed on as a Founding Corporate Sponsor of SciTech Scity, LSC’s planned 30-acre innovation campus that will launch and grow dozens of world-changing science and technology companies and reimagine K-12 science education.

20 May 2020

Company announcement/retail

Bank of America funds data analytics lab at Converse College

Bank of America has awarded $145,000 to Converse College in support of the college’s new data analytics program.

05 May 2020

News/covid-19

Bank of America's Head of FIs GTS: Cash has increased in prominence as a security

Despite the assumption that the Coronavirus pandemic will prove the last nail in the coffin, Bank of America's head of financial institutions GTS believes demand for paper money as a security has in fact increased.

29 April 2020

Finextra TV/retail

Head of FIs GTS, Bank of America's predictions and advice during crisis

Paul Taylor, Head of Financial Institutions GTS, Bank of America, tells Hannah Wallace, FinextraTV, how their network is working together to support each other and their clients during the current crisis. Financial Institutions seeking stability in their technology, risk management, business continuity and, credit and liquidity functions are advised to increase communication and go digital in their transactions and documentation. We question whether the crisis will signal the end of cash and whether we are witnessing 'the new normal' going forward.

23 April 2020

News/sustainable

BofA global environmental exec: Addressing climate change goes beyond business-as-usual

Alex Liftman, global environmental executive, Bank of America (BofA), believes “significantly accelerating progress on addressing big global issues like climate change requires going beyond business-as-usual financing to find innovative approaches that can help attract a larger share of capital from a broader set of investors.”

08 April 2020

News/people

IBM hires BoA CTO Boville to lead cloud biz

IBM has hired former Bank of America chief technology officer Howard Boville as head of its cloud business.

07 April 2020

Finextra TV/startups

Thinking Strategically about Innovation

Ad van der Poel, Co-Head of Product GTS, EMEA, Bank of America, speaks to Hannah Wallace, FinextraTV at Merchant Payments Ecosystem 2020 in Berlin about the trends and innovations we are seeing across Europe, from Open Banking and real-time payments to data and regulation. We question at what point the cost of compliance may outweigh the value of innovation, how Bank of America is innovating their payments business and the strategic advice they are giving their customers following these innovations.

26 February 2020

Company announcement

Bank of America small business dashboard integrates with QuickBooks, Run and Google Cloud

On the first anniversary of the launch of Business Advantage 360, its one-stop digital dashboard for business owners, Bank of America today announced that it can now integrate data from key third-party business applications to provide a more complete financial picture for small businesses.

07 February 2020