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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Cross Border Real-Time Payments Ubiquity Remains a Work in Progress, Says Bank of America
Cross Border Real-Time Payments Ubiquity Remains a Work in Progress, Says Bank of America
September 21, 2022  |  Digital Payments

The goal of any payment method — check, cash, digital wallet, really any payments choice — is ubiquity. Get the Full Story Complete the form...

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Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
Congress Calls Bank CEOs to Capitol Hill for Consumer, Compliance Hearings
September 19, 2022  |  Banking

The leaders of the country’s seven biggest commercial financial institutions will head to Washington, D.C., this week to face two Congressional hearings to review consumer...

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BofA Delinquent Credit Card Rate Creeps Up in August
BofA Delinquent Credit Card Rate Creeps Up in August
September 15, 2022  |  Credit Cards

Bank of America credit card metrics were mixed in August, with a slightly higher delinquency rate but better net charge-offs, a Seeking Alpha report said...

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BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
BofA Names Mike Joo as New N. America Corporate, Investment Banking Head
September 12, 2022  |  Personnel

Bank of America has named Mike Joo as North American head of its global corporate and investment banking (GCIB) group, which is a new role,...

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BofA Report: Consumer Spending Spike Reflects Rising Childcare Costs
BofA Report: Consumer Spending Spike Reflects Rising Childcare Costs
September 09, 2022  |  Economy

As parents head back to the labor market post-pandemic full-time or hybrid, childcare costs in August have soared to levels not seen before COVID gripped...

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Curbside and In-Store Pickup Rewrite Rules for Shopping, Payments
Curbside and In-Store Pickup Rewrite Rules for Shopping, Payments
August 31, 2022  |  Retail

Some think of buy online, pick up in-store (BOPIS) and curbside contactless pickup as pandemic stopgaps that will eventually go away, but in fact, these...

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BofA Debuts Minority Homebuyer Program in 5 Cities
BofA Debuts Minority Homebuyer Program in 5 Cities
August 30, 2022  |  Real Estate

Bank of America has launched what it calls an affordable loan solution geared towards Black and Latino first-time homebuyers. Get the Full Story Complete the...

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Today in the Connected Economy: Bank of America Sees Record Digital Use
Today in the Connected Economy: Bank of America Sees Record Digital Use
August 25, 2022  |  Connected Economy

Today in the connected economy, Bank of America looks to up its spending on electronic banking after seeing a record number of log-ins last month....

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Wealthier Americans Shave Credit, Debit Card Spending
Wealthier Americans Shave Credit, Debit Card Spending
August 25, 2022  |  Consumer Finance

Outside of basic purchases like groceries, gas and clothes, Americans earning over $125,000 annually are continuing to reel in credit and debit card spending for...

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