Bank of America Merrill Lynch

149 results about this entity

Period: 09 Oct 2007 - 05 Oct 2022

Fintech is a new friend for banks

Stephanie Wolf, Head of Global Financial Institutions, Public Sector Banking and Canada Sales, Bank of America Merrill Lynch, discusses how fintechs can help transaction banks to deliver products and services more quickly, the need for banks to be nimble to respond to the shifting global trade environment and the outlook for correspondent banking over the next 3-5 years.

Bank of America Merrill Lynch speeds up US wholesale lockbox processing

Bank of America Merrill Lynch’s recent technology investment in end-to-end lockbox operations has improved its speed of processing from the time of receipt to the time of deposit by 25 percent, and the rate of straight-through automation to more than 70 percent.

Bank of America powers payments for US launch of ride hailing app Karhoo

Powered by Bank of America Merchant Services eCommerce and cybersecurity solutions, Karhoo is gearing up for the U.S. launch of its app-based ride comparison and hailing service.

Critical time for corporate onboarding

Tom Durkin, Managing Director, Digital Channels, Bank of America Merrill Lynch, discusses the pitfalls of the corporate bank onboarding process for both customers and banks, and how technology has the potential to improve the process.

Microsoft takes it own blockchain medicine in trade finance deployment

Bank of America Merrill Lynch is collaborating with Microsoft on a project to implement blockchain technology for trade finance transactions.

Merrill Lynch pays $12.5m fine over mini-flash crashes

The Securities and Exchange Commission has fined Merrill Lynch $12.5 million for ineffective trading controls which led to a series of "mini-flash crashes".

Swift beware: Ripple signs banks to global payments steering group

As Swift gears up for its annual Sibos jamboree in Geneva next week, the interbank messaging network is facing up to a growing threat from Ripple, which has signed up several major banks to a steering group on the use of distributed financial technology for global payments.

Bank consortia look to distributed ledgers and smart contracts to rewire trade finance

Bank of America Merrill Lynch, HSBC and the Infocomm Development Authority of Singapore have claimed success in demonstrating the application of distributed ledgers to replace paper-based Letters of Credit in trade finance transactions.

BofA Merrill Lynch launches electronic syndicated loan trading platform

Bank of America Merrill Lynch today announced the launch of a new electronic platform, Instinct® Loans, for the secondary trading of syndicated corporate loans.

It’s all about consumer experience

Tim Tynan, CEO, Bank of America Merchant Services, speaks about a customer desire for digital services and the importance of consumer buying-behaviour.

Bank of America adds data capture facility to CashPro Trade

Bank of America Merrill Lynch today announced that its trade finance processing application, Bank of America Merrill Lynch CashPro Trade, is now powered with innovative technology to assist clients with document identification and retrieval.

BofA Merrill Lynch boosts trade finance processing app

Bank of America Merrill Lynch today announced that its trade finance processing application, Bank of America Merrill Lynch CashPro Trade™, is now powered with innovative technology to assist clients with document identification and retrieval.