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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Today In Payments: Bank Of America Says Spending Up Over 2019; Airbnb IPO Tops Forecasts With $68 Share Price
Today In Payments: Bank Of America Says Spending Up Over 2019; Airbnb IPO Tops Forecasts...
December 10, 2020  |  News

In today’s top news, Bank of America’s CEO said customers are spending more than last year, and Airbnb topped forecasts with an IPO share price...

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Bank Of America Expands SWIFT gpi, Intros CashPro Cross-Border Payment Tracker
Bank Of America Expands SWIFT gpi, Intros CashPro Cross-Border Payment Tracker
December 10, 2020  |  B2B Payments

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro...

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Bank of America: Spending Up Over 2019 Despite Virus Acceleration
Bank of America: Spending Up Over 2019 Despite Virus Acceleration
December 10, 2020  |  Economy

Bank of America customers are spending more across all accounts than they did last year, but more stimulus is needed to support small businesses and...

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Biz Card Innovation Accelerates Despite Spend Slowdown
Biz Card Innovation Accelerates Despite Spend Slowdown
November 11, 2020  |  B2B Payments

This week’s exploration of the latest in commercial card innovations finds a resilient market despite the perceived slowdown in corporate spend. Get the Full Story...

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Bank of America, Citi, Wells Earnings Point To Uptick In Consumer Card Spend
Bank of America, Citi, Wells Earnings Point To Uptick In Consumer Card Spend
October 15, 2020  |  Earnings

Call it silver linings — maybe not yet green shoots. But bank earnings are showing that loan loss reserves were more conservative than needed (at...

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Bank Of America Says Consumer Spending Is Up, Card And Mortgage Delinquencies Down
Bank Of America Says Consumer Spending Is Up, Card And Mortgage Delinquencies Down
October 14, 2020  |  Banking

Bank of America (BofA) said on Wednesday (Oct. 14) that it is seeing a full restoration of customer spending, along with declines in delinquencies on...

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Today In Payments: Central Banks Frame Criteria For Digital Currency; Amazon India Gets $95.5M For Festive Season
Today In Payments: Central Banks Frame Criteria For Digital Currency; Amazon India Gets $95.5M For...
October 09, 2020  |  News

In today’s top news, the Federal Reserve and seven central banks are collaborating on a framework for digital currency, and Amazon India prepares for its...

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Today In Digital-First Banking: Philippines Mulls Digital Bank Limits; Ripple Unveils Line Of Credit Beta Offering
Today In Digital-First Banking: Philippines Mulls Digital Bank Limits; Ripple Unveils Line Of Credit Beta...
October 09, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, the government of the Philippines is considering limiting the number of digital banks that run in the country,...

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BoA Goes Micro With Consumer Loan Up To $500
BoA Goes Micro With Consumer Loan Up To $500
October 08, 2020  |  Loans

Bank of America (BoA) is muscling into the payday loan business, minus the sky-high fees, as the pandemic continues to upend the financial landscape, according...

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