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.

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Bank of America Adds $100M in Low-Cost Deposits to Minority-Led Banks
Bank of America Adds $100M in Low-Cost Deposits to Minority-Led Banks
October 04, 2022  |  Investments

Bank of America is adding $100 million in low-cost deposits to minority depository institutions (MDIs), doubling its existing $100 million in deposits in MDIs. Get...

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Capital One Continues to Lead Credit Card App Provider Rankings
Capital One Continues to Lead Credit Card App Provider Rankings
September 27, 2022  |  Credit Cards

Still: Top of the heap. A-number one. At least for this month, Get the Full Story Complete the form to unlock this article and enjoy...

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Today in B2B Payments: Firms Deploy Payment Solutions, Biometrics
Today in B2B Payments: Firms Deploy Payment Solutions, Biometrics
September 27, 2022  |  B2B Payments

Today in B2B payments, Bank of America’s CashPro App adds a way to sign in without manually entering password credentials. Plus, German venture capital firm...

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Bank of America’s CashPro App Adds QR Code, Biometrics to Ease Sign-In
Bank of America’s CashPro App Adds QR Code, Biometrics to Ease Sign-In
September 26, 2022  |  Digital Banking

Companies that use Bank of America’s CashPro digital banking platform for payments, cash management and trade finance operations can now sign in to the website...

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3 Reasons a Digital Dollar Is Still a Long Way Off
3 Reasons a Digital Dollar Is Still a Long Way Off
September 26, 2022  |  CBDC

It probably isn’t a coincidence that Bank of America’s cryptocurrency team stomped on the brakes regarding its prediction of a digital dollar as soon as...

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Bank of America Says Digital Dollar Complexity Delays Timeline
Bank of America Says Digital Dollar Complexity Delays Timeline
September 23, 2022  |  CBDC

Bank of America strategists are revising an earlier prediction that the U.S. would issue a digital dollar by the end of the decade. Get the...

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Senate Hearing Spotlights Rifts, Risks on Push Payment Fraud
Senate Hearing Spotlights Rifts, Risks on Push Payment Fraud
September 23, 2022  |  Regulation

On Capitol Hill, by now the cast of characters — and the flash points — are familiar. Get the Full Story Complete the form to...

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Bank CEOs’ Congressional Testimonies Spotlight Digital Strategies, Inclusion
Bank CEOs’ Congressional Testimonies Spotlight Digital Strategies, Inclusion
September 21, 2022  |  Regulation

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Responsible Growth Focus of BoA CEO Moynihan’s Congressional Banking Testimony
Responsible Growth Focus of BoA CEO Moynihan’s Congressional Banking Testimony
September 21, 2022  |  Bank Regulation

Bank of America CEO Brian Moynihan is heading to Capitol Hill on Wednesday (Sept. 21) along with banking brass from six of the other biggest...

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