Bank Of America Merrill Lynch news and trends

BoA Debuts Commercial Prepaid App
Mobile Applications // July 24, 2018

Bank of America Merrill Lynch has announced the launch of a mobile application for cardholders of commercial prepaid cards. Designed for cardholders who receive a reloadable prepaid card from an employer, government agency or entity with whom they do business, the app brings new digital capabilities to...

BofA Enhances The Spreadsheet With APIs, Artificial Intelligence
B2B Payments // October 18, 2017

In corporate finance, “Excel spreadsheets” is nothing short of a taboo. But a new solution from Bank of America Merrill Lynch is looking to make better use of the notoriously manual tool. The financial institution (FI) announced news on Tuesday (Oct. 17) that it is deploying artificial...

Bank Of America Latest To Lower iPhone Shipments Forecast
Retail // July 13, 2017

Apple has seen Bank of America Merrill Lynch join a growing list of Wall Street firms that are lowering their shipment forecasts for iPhones this year. According to a report in CNBC, the firm cut its forecast by 11 million for 2017, saying it expects...

Bank Of America Reaches New Commercial Card Benchmark To Secure Industry Ranking
Consumer Finance // July 13, 2017

Bank of America Merrill Lynch reached a new benchmark in its commercial card business last year, allowing it to secure its top ranking in three combined categories. According to a press release, BofA Merrill processed $56.3 billion in U.S. purchases in 2016 across three categories...

Quick Reads
BoA Debuts Commercial Prepaid App

July 24, 2018
Bank of America Merrill Lynch has announced the launch of a mobile application for cardholders of commercial prepaid cards. Designed for cardholders who receive a reloadable prepaid card from an employer, government agency or entity with whom they do business, the app brings new digital capabilities to clients, as well as to those companies’ customers or beneficiaries. […]

Bank Of America Latest To Lower iPhone Shipments Forecast

July 13, 2017
Apple has seen Bank of America Merrill Lynch join a growing list of Wall Street firms that are lowering their shipment forecasts for iPhones this year. According to a report...

Bank Of America Reaches New Commercial Card Benchmark To Secure Industry Ranking

July 13, 2017
Bank of America Merrill Lynch reached a new benchmark in its commercial card business last year, allowing it to secure its top ranking in three combined categories. According to a...

Bank Of America Merchant Services Goes Cross-Border

April 05, 2016
Bank of America Merchant Services has expanded to Europe with the launch of a new unit. The new unit, called BofA Merrill Lynch Merchant Services (Europe) Limited, was launched with the...