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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BoA CFO: Consumers Are Spending ‘Robustly,’ Credit in ‘Great Shape’

BoA CFO: Consumers Are Spending ‘Robustly,’ Credit in ‘Great Shape’
BoA CFO: Consumers Are Spending ‘Robustly,’ Credit in ‘Great Shape’
June 13, 2022  |  Economy

Bank of America Chief Financial Officer Alastair Borthwick said customers continue to borrow money and to spend, Bloomberg reported, citing his remarks at a Morgan...

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BoA Customers Spending 10% More In 2022, CEO Moynihan Says
BoA Customers Spending 10% More In 2022, CEO Moynihan Says
May 24, 2022  |  Economy

U.S. consumers are likely in fine shape and are likely to keep spending for now, according to Bank of America CEO Brian Moynihan, CNBC wrote...

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Today in B2B: Apis Invests in DT One; Adflex Adds Click to Pay in Mastercard Collaboration Expansion
Today in B2B: Apis Invests in DT One; Adflex Adds Click to Pay in Mastercard...
May 18, 2022  |  B2B Payments

Today in B2B payments, Apis invests in DT One, while Adflex expands its partnership with Mastercard. Plus, Quark.ai debuts an autonomous B2B eCommerce support platform,...

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Buried B2B Payments Shortcuts Often Hiding in Plain Sight
Buried B2B Payments Shortcuts Often Hiding in Plain Sight
May 18, 2022  |  B2B Payments

Data can help B2B payments more fully enter the digital age. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Sen. Warren Calls on Big Banks to End Overdraft Fees
Sen. Warren Calls on Big Banks to End Overdraft Fees
May 04, 2022  |  Banking

U.S. Sen. Elizabeth Warren, the Massachusetts Democrat and former presidential candidate, has started pushing for an end to overdraft fees, Bloomberg reported Wednesday (May 4)....

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CFPB: BoA Must Pay $10M for Illegal Garnishments
CFPB: BoA Must Pay $10M for Illegal Garnishments
May 04, 2022  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) on Wednesday (May 4) ordered Bank of America to pay $10 million for processing illegal, out-of-state garnishment orders against...

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Credit Card Apps Monthly Ranking Sees 2 Contenders Make Double-Digit Improvements
Credit Card Apps Monthly Ranking Sees 2 Contenders Make Double-Digit Improvements
April 28, 2022  |  Mobile

It’s like a credit score for those who look at customers’ credit scores. It’s the PYMNTS Provider Ranking of Credit Card Apps and it’s released...

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This Week In Payments: Netflix and BofA Face Vastly Different Customer Shifts
This Week In Payments: Netflix and BofA Face Vastly Different Customer Shifts
April 22, 2022  |  Payments Innovation

With earnings reports and new surveys from PYMNTS, this week saw lots of numbers in the news. They showed that there’s room for growth in...

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