Bofa news and trends

BofA CEO Warns 10% Credit Card Cap Will Curb Spending
Credit Cards // January 22, 2026

Bank of America’s Brian Moynihan is the latest CEO questioning a proposed 10% credit card interest rate cap. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Bank of America Debuts Centralized 401(k) Solution
Banking // November 13, 2025

A new Bank of America solution aims to turn 401(k) assets into a retirement income. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Bank of America CEO Says AI Is Transforming How Banks Work
artificial intelligence // November 05, 2025

 The technology landscape for banks is shifting fast, and Bank of America CEO Brian Moynihan said the firm’s response is to build for both scale and intelligence. Speaking at the bank’s investor day on Nov. 5, he said decades of steady digital investment have created...

Bank of America Finds AI Has Limited Impact on US Employment
artificial intelligence // October 26, 2025

Artificial intelligence (AI) is fueling American economic growth, though its effect on employment is limited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Interviews & Exclusives
Bank of America Sees Mobile-First Security Surge as Firms Embrace QR Sign-In

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]

How to Navigate Cross-Border Payments With CFOs and Treasurers in Mind

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. Get the Full Story Complete the form...

Visa and BofA See Contactless Payments Hit Their Post-Pandemic Stride

September 10, 2024
Turns out contactless payments were a lot more than a pandemic solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

The One Thing: Integration and the Future of Financial Services

October 20, 2022
The connected economy runs on a mostly invisible ocean of technologies to deliver new experiences, and it all relies on one foundational concept: integration. Get the Full Story Complete the...

Quick Reads
Bank of America and Citi Consider Offering Credit Cards With 10% Interest Rate

January 22, 2026
Bank of America and Citigroup are reportedly considering offering credit cards with a 10% interest rate in response to President Donald Trump’s demand for a cap on rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS […]

BofA CEO Warns 10% Credit Card Cap Will Curb Spending

January 22, 2026
Bank of America’s Brian Moynihan is the latest CEO questioning a proposed 10% credit card interest rate cap. Get the Full Story Complete the form to unlock this article and...

Bank of America Debuts Centralized 401(k) Solution

November 13, 2025
A new Bank of America solution aims to turn 401(k) assets into a retirement income. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Bank of America Finds AI Has Limited Impact on US Employment

October 26, 2025
Artificial intelligence (AI) is fueling American economic growth, though its effect on employment is limited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...