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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BofA Virtual Assistant Erica Surpasses 1B Interactions

BofA Virtual Assistant Erica Surpasses 1B Interactions
BofA Virtual Assistant Erica Surpasses 1B Interactions
October 12, 2022  |  Artificial Intelligence

Bank of America announced Wednesday (Oct. 12) that its virtual financial assistant Erica has surpassed 1 billion interactions with clients. Get the Full Story Complete...

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Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
Banks Expected to Boost Loan-Loss Reserves for Third Consecutive Quarter
October 11, 2022  |  Banking

Bank loan-loss reserves are expected to increase for the third month in a row to as much as $4.5 billion as the nation’s six largest...

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Bank of America Expands CashPro API Services
Bank of America Expands CashPro API Services
October 11, 2022  |  Banking

Bank of America (BofA) has announced an expansion of its digital banking platform CashPro’s Payment API capabilities, letting clients access hundreds of more payment types...

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EMEA Daily: BofA Extends ‘Pay by Bank’ to Euro Payments
EMEA Daily: BofA Extends ‘Pay by Bank’ to Euro Payments
October 10, 2022  |  Europe

In today’s Europe, the Middle East and Africa (EMEA) news, Bank of America extended its “Pay by Bank” offering in Europe and Majid Al Futtaim...

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BofA Extends ‘Pay by Bank’ to Euro Payments
BofA Extends ‘Pay by Bank’ to Euro Payments
October 10, 2022  |  Banking

Bank of America has made its Pay by Bank payment solution available for euro currency payments, the bank announced Monday (Oct. 10). Get the Full...

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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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