Bank of America

Bank of America, we have a clear purpose to help make financial lives better through the power of every connection. We fulfill this purpose through our commitment to responsible growth, which includes a focus on environmental, social and governance (ESG) leadership. Integrated across our eight lines of business — our ESG focus reflects our values, ensures we are holding ourselves accountable, presents tremendous business opportunity, and allows us to create shared success with our clients and communities.

(source: about.bankofamerica.com)

Bank of America: Collaboration and Innovation Will Drive the Future of Payments
Bank of America: Collaboration and Innovation Will Drive the Future of Payments
May 31, 2024  |  Payments Innovation

Payments modernization, depending on the financial services company, will be synonymous with upgrades. But it also needs to be synonymous with innovation, collaboration and business...

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Bank of America CEO: Consumers, Businesses Pulling Back on Spending
Bank of America CEO: Consumers, Businesses Pulling Back on Spending
May 30, 2024  |  Economy

Brian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened consumer and business spending this year. From hardware to software,...

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Banking Takes a Page out of Retail’s ‘Clienteling’ Playbook
Banking Takes a Page out of Retail’s ‘Clienteling’ Playbook
May 28, 2024  |  Banking

Banking, like any business, thrives on customer loyalty, on getting the right customers through the digital doors … and the branch settings too. The rise...

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Bank of America: New EU Instant Payments Rules Address Liquidity for Corporates
Bank of America: New EU Instant Payments Rules Address Liquidity for Corporates
May 23, 2024  |  Faster Payments

The payments landscape in Europe is poised for a shift as new regulations mandating support for instant payments go into effect in 2025. That’s no...

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Washington Federal Bank to Sell 2,000 Commercial Real Estate Loans to Bank of America
Washington Federal Bank to Sell 2,000 Commercial Real Estate Loans to Bank of America
May 17, 2024  |  Banking

Washington Federal Bank, a wholly owned subsidiary of WaFd, has disclosed its agreement to sell some commercial multi-family real estate loans to Bank of America for about...

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Bank of America CEO: Consumers Show Spending ‘Resilience’
Bank of America CEO: Consumers Show Spending ‘Resilience’
May 14, 2024  |  Economy

Bank of America’s CEO says consumer spending is still healthy despite steep interest rates. Spending has risen between 3% and 4% this month compared to a year ago, Brian...

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Are Real-Time Payments Near an Inflection Point? Bank of America Thinks So
Are Real-Time Payments Near an Inflection Point? Bank of America Thinks So
May 02, 2024  |  Real-Time Payments

Use cases for real-time payments have never been a source of argument, even among detractors. The ability to speed bill payment and peer-to-peer flows, as...

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Bank of America: Digital Makes Healthcare Payments as Easy as Paying Any Other Merchant
Bank of America: Digital Makes Healthcare Payments as Easy as Paying Any Other Merchant
April 29, 2024  |  Healthcare

There’s no shortage of analysis these days about the effect inflation has had — and will have — on the banking and payments industry. But...

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Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation
Earnings Put Spotlight on Banks’ Full-Scale Digital Transformation
April 26, 2024  |  Banking

The shift toward digital channels in financial services shows no signs of slowing down, as evidenced by the latest earnings results from incumbent banks and...

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