Bank of America - News, Articles & Research

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

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

Company announcement

Bank of America builds patent mountain

Last year, Bank of America earned 418 patents from the United States Patent Office – more than in any other year in the history of the company. This represents a 31 percent increase over 2018.

06 February 2020

Company announcement/sustainable

Bank of America achieves carbon neutrality

Bank of America announced today that it has met its carbon neutrality goal a year ahead of schedule, pending third-party verification.

21 January 2020

Company announcement/sustainable

Bank of America to install electric car charging stations at select branches

Electrify America, a leader in ultra-fast charging for electric vehicles (EV), announced today that it is teaming up with Bank of America, one of the world’s leading financial institutions, to install electric vehicle charging stations at select financial center locations across the U.S.

18 December 2019

News

Bank of America AI chatbot surpasses 10 million users

Bank of America's mobile chatbot Erica has surpassed 10 million users since its nationwide rollout in June 2018 and is on track to complete 100 million client requests in the coming weeks.

12 December 2019

Finextra TV

Bank of America: Applying AI front and back of house

Gaurav Khanna, Head of Mobile Strategy & Digital Initiatives, Bank of America, speaks at Money 20/20 USA about emerging technologies and the application to clients to enhance their experience, where AI fits into this and the importance of leveraging AI at the back end as well.

18 November 2019