Business-to-business (B2B) transactions typically involve higher volumes and more complex authorization than consumer payments. Companies must balance usability with security, often managing multiple layers of authentication for different roles, departments and systems. Still, look closely at the latest generation of B2B payment systems and you’ll...
Consumers are still spending, Bank of America’s earnings showed Tuesday (April 15), despite the volatility of what CEO Brian Moynihan termed a “changing economy.” The supplementals revealed that credit and debit spend was up 4%, while the number of transactions gained 2%, to $228...
Bank of America’s Corporate Sentiment Score reportedly reached its highest level since the bank began recording it in 2004. Based on an analysis of the number of positive words and negative words used in earnings calls, the bank’s Predictive Analysis team found that 52% of companies...
Two of the 29 global systemically important banks (G-SIBs) moved to different “buckets” in 2024, meaning they will have a higher or lower capital requirement than they did before, the Financial Stability Board (FSB) said Tuesday (Nov. 26). Groupe Crédit Agricole moved from bucket 1 to...
May 21, 2025
Business-to-business (B2B) transactions typically involve higher volumes and more complex authorization than consumer payments. Companies must balance usability with security, often managing multiple layers of authentication for different roles, departments and systems. Still, look closely at the latest generation of B2B payment systems and you’ll find an unexpected hero emerging from consumer tech: the humble […]
October 15, 2024
Cross-border payments are the lifeblood of international business — but for finance teams, they often come with a side of risk and complexity. As the world shrinks and global markets...
September 10, 2024
Turns out contactless payments were a lot more than a pandemic solution. They were in development as early as 2008, but what began as a public health measure in mid-2020...
April 27, 2021
On the surface, it appeared as a typical acquisition. A bank, Bank Of America, acquires a healthcare payments platform, Axia Technologies, to strengthen its patient/provider payments capabilities. Under the surface,...
February 10, 2025
Bank of America’s Corporate Sentiment Score reportedly reached its highest level since the bank began recording it in 2004. Based on an analysis of the number of positive words and negative words used in earnings calls, the bank’s Predictive Analysis team found that 52% of companies expressed optimism during recent earnings calls, compared to 46% in […]
November 26, 2024
Two of the 29 global systemically important banks (G-SIBs) moved to different “buckets” in 2024, meaning they will have a higher or lower capital requirement than they did before, the Financial...
May 17, 2024
Washington Federal Bank, a wholly owned subsidiary of WaFd, has disclosed its agreement to sell some commercial multi-family real estate loans to Bank of America for about $2.9 billion. WaFd said in...
March 21, 2024
Bank of America has launched a “massive update” to its mobile banking app, combining banking, investing and retiring into one unified app. This new, unified digital platform consolidates into one mobile...
