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BofA Report: Percentage of Workers Seeking Near-Term Financial Guidance from Employers Doubles
September 4 2025
While nearly 7 in 10 employees (68%) remain optimistic about their financial future over the next three years, many are seeking advice around both long-term savings and managing their personal finances today. This, combined with higher living costs and persistent inflation, is causing more workers to look for help prioritizing all their financial needs at once.
BofA Names Stephenie Whitfield President of Sarasota/Manatee
September 2 2025
Bank of America has named Stephenie Whitfield, Business Banking market executive, president of Bank of America Sarasota/Manatee. She succeeds Erik Vatter, who led the market since 2022 and will focus on his new role of Merrill senior financial advisor.
A Decade of AI Innovation: BofA's Virtual Assistant Erica Surpasses 3 Billion Client Interactions
August 20 2025
Erica is deepening relationships with clients and driving greater efficiencies throughout Bank of America
BofA Names Christine Williams President of Myrtle Beach
August 6 2025
Bank of America has named Christine Williams, Retail Banking business control executive, president of Myrtle Beach.
72% of Young Adults Take Action to Improve their Financial Health, finds BofA Better Money Habits Study
July 30 2025
Gen Z (ages 18-28) is finding adulthood more expensive than expected. Facing this, nearly three quarters of them are taking action to improve their financial health, according to Bank of America’s 2025 Better Money Habits® financial education study (PDF), published today.
BofA Names Julie Schmelzle President of Southwest Florida
July 8 2025
Bank of America has named Julie Schmelzle, senior relationship manager, Global Commercial Banking, president of Bank of America Southwest Florida. She succeeds Gerri Moll, who successfully led the market since 1997 and is retiring at the end of July after 41 years with Bank of America.
Propel Finance Completes £1.5bn Funding Round to Power SME Growth Across the UK
July 3 2025
Propel Finance completed a £1.5bn funding round to provide finance solutions for thousands more SMEs across the UK
BofA Clients Embrace New $10 Million Limit in U.S. Real-Time Payments
June 10 2025
Recent action from The Clearing House to increase the transaction limit on real-time payments from $1 million to $10 million is fueling new use cases in business-to-business payments among Bank of America clients
QR Sign-Ins Surge 60% on BofA's CashPro® Platform
May 20 2025
very day, thousands of CFOs and treasurers use QR code technology to sign-in to CashPro, Bank of America's digital banking platform accessed by more than 40,000 corporate and commercial clients around the world to manage their treasury, trade and credit operations and perform self-service requests.
Bank of America Names Maria Martinez to Board of Directors
January 29 2025
The Bank of America Corporation Board of Directors today appointed Maria Martinez as a director, […]
BofA’s Consumer Investments Surpasses $500 Billion in Assets as Clients Choose High-Tech, High Touch Approach to Managing Finances
January 10 2025
Bank of America today announced its Consumer Investments business has grown to more than $500 […]
BofA’s CashPro® App Will Surpass a Record $1 Trillion in Payment Approvals for the Year
December 11 2024
By the end of 2024, Bank of America corporate clients will have made over $1 […]
Bank of America Builds on Partnership with FIFA to Become Official Partner of FIFA Club World Cup 2025™
December 3 2024
FIFA is proud to announce Bank of America as the latest Official Partner of the […]
BofA Names Lauren Murray President of Spokane/Boise
October 25 2024
Bank of America has named Lauren Murray president of Bank of America Spokane/Boise. As president […]
BofA Sees 51% Increase in Companies Leveraging APIs For Real-Time Treasury Needs
October 22 2024
The demand for real time data and transaction processing is driving a record number of […]
BofA Unveils Virtual Payables Solution to Support the Booming B2B Market
October 2 2024
Bank of America, a global leader in commercial cards, has expanded its Virtual Payables capabilities […]
BofA Launches New Solution to Help Parents Raise Financially Savvy Kids
September 26 2024
Bank of America today announced a new solution to help parents support their children as […]
BofA to Open More Than 165 Financial Centers by End of 2026
September 24 2024
Over the last 10 years, Bank of America has been expanding its financial center network, […]
FIFA Announces Bank of America as Official Bank Sponsor of FIFA World Cup 26™
August 19 2024
FIFA is proud to announce Bank of America as its Official Bank Sponsor of FIFA […]
Modern Treasury Drives Growth of Instant Payments with Leading Banks
August 15 2024
Modern Treasury, essential infrastructure for the new era of payments, has announced that it has […]
BofA’s CashPro App Surpasses $500 Billion in Payment Approvals
July 25 2024
Bank of America has seen the adoption and use of its CashPro App for corporate […]
Bank of America Unveils Intelligent Transaction Search on CashPro
July 12 2024
When it comes to finding, analyzing and acting on their company’s financial information, corporate finance […]
Parent Trap: Nearly Half of Adult Gen Zers Getting Financial Help from Mom & Dad, According to BofA Study
July 10 2024
Today, 46% of Gen Zers (ages 18-27) rely on financial assistance from parents and family, […]
Simply Asset Finance Secures £120m Loan Facility From Bank of America
June 28 2024
Bank of America has agreed a new facility with Simply Asset Finance, the specialist business […]
BofA Survey: Majority of Small and Mid-Sized Business Owners Anticipate Revenue Growth This Year
May 1 2024
A majority of small and mid-sized business owners expect their revenues to increase this year, […]
BofA's Erica Surpasses 2 Billion Interactions, Helping 42 Million Clients Since Launch
April 8 2024
More than 2 billion since 2018. That’s how many interactions Bank of America clients have […]
BofA Unifies Mobile Apps for Banking, Investing, and Retirement Into One Personalized Digital Experience
March 21 2024
Bank of America has launched a massive update to its mobile app, reimagining how clients […]
BofA Launches CashPro® Insights - Latest Digital Innovation for Treasury Management
January 10 2024
Bank of America has announced the launch of CashPro Insights, a digital tool that analyzes […]
EXCLUSIVE: 'The Bank of 20XX" - Madhur Jain and Amit Dua, SunTec in 'The Fintech Magazine'
December 21 2023
Whatever the shape of banks to come, they need to know their strategic choices are […]
Bank of America Names Tyrone Noel Hampton Roads President
September 29 2023
Today, Bank of America is announcing that Tyrone Noel has been named president of Bank […]
Enhancements to BofA’s CashPro® Chat Create Greater Efficiencies for Business Clients
September 19 2023
Bank of America, (BofA), is elevating the experience of its business clients through enhancements to […]
BofA Continues to Modernize Trade Finance with the Launch of CashPro® Supply Chain Solutions
September 18 2023
As part of a multi-year effort to transform trade finance, Bank of America is launching […]
Bank of America Enhances Benefits for its Customized Cash Rewards Credit Card
August 23 2023
Bank of America today announced that its Customized Cash Rewards credit card now offers more […]
Bank of America Opens Luxembourg Branch
May 10 2023
Bank of America today announced that it has opened a new branch in Luxembourg, further […]
Over 10 Million BofA Clients Use Life Plan to Pursue Financial Goals Through Personalized Digital Experience
March 30 2023
Bank of America today announced that more than 10 million clients have used Life Plan® […]
Mendoza Ventures announces a first close on its $100M early growth Fintech fund anchored by Bank of America
January 6 2023
Mendoza Ventures, a female and Latinx-founded Fintech, AI, and Cybersecurity Venture Capital firm, has achieved […]
New P20 report calls for greater industry collaboration to harmonise cross-border payments
November 21 2022
Payments 20 (P20), the leading voice of the global payments industry, has published a new […]
Merrill Introduces Premium Access Offering to High-Net-Worth Clients for More Personalized Investment Strategies
October 28 2022
Bank of America today announced Premium Access Strategies, a suite of third-party investment strategies reviewed […]
Bank of America Intelligent ReceivablesTM Upgraded With AR Forecasting Capabilities And Enhanced Reporting
October 24 2022
Bank of America today announced that it has enhanced its accounts receivables matching solution Bank […]
Bank of America Celebrates Clients with More Rewards Day on Saturday, November 5th
October 21 2022
On Saturday, November 5th, Bank of America will introduce its first-ever More Rewards Day – a one-day […]
Bank of America and UK Fintech, Banked Ltd Expand Pay by Bank to Euro Currency Payments
October 10 2022
A Bank of America innovative online payment solution, Pay by Bank, is now available for euro […]
Bank of America’s CashPro® Modernizes the Sign-In Experience With Biometrics
September 27 2022
Bank of America today announced the launch of QR sign-in for CashPro, a development that […]
Fidelis Capital Launched by Former Wells Fargo and Bank of America Private Banking Executives
August 15 2022
Top private bankers from Wells Fargo and Bank of America today announced that they have […]
Bank of America, BNY Mellon and Citi Make $20 Million Strategic Investment in Genesis Global
July 28 2022
Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced $20 […]
CrossBoundary Energy Access Raises $25 Million to Finance Solar Powered Mini-Grids in Africa
June 17 2022
Africa’s first project financing facility for mini-grids, CrossBoundary Energy Access (CBEA), announced $25 million in […]
Oxford University & Bank of America to tackle climate change and transform sustainability in financial services
May 10 2022
In this unique partnership and commitment to combatting climate change, Bank of America has pledged […]
Oxford’s Smith School of Enterprise and the Environment announces Public and Private Sector Collaboration with Bank of America to Tackle Climate Change and Transform Sustainability in Financial Services
May 10 2022
In this unique partnership and commitment to combatting climate change, Bank of America has pledged […]
Bank of America Becomes First Financial Institution Certified by J.D. Power for Customer Satisfaction with Financial Health Support
March 3 2022
Bank of America is the first financial institution to be certified by J.D. Power for […]
Bank of America Launches Online Payment Solution, "Pay by Bank"
February 15 2022
Bank of America today announced its latest online payment solution called Pay by Bank. Launched […]
Banked Ltd Announces $20 million Series A Funding Round Led by Bank of America
February 14 2022
Banked Ltd (“Banked”), provider of a new payment method enabling consumers to pay from their […]
Bank of America Launches CashPro Forecasting
January 14 2022
Bank of America today announced the launch of CashPro Forecasting, a tool that uses artificial […]
EXCLUSIVE: ‘Z is for...’ – Ruby Walia and Matt Williamson, Mobiquity; Jorge Camargo, Bank of America in ‘The Fintech Magazine’
December 22 2021
A ‘TikTok’ generation that will be looking for a new relationship with financial providers in […]
SWIFT delivers major milestones in strategy for instant and frictionless transactions, and sets the stage for global adoption in 2022
December 14 2021
A year after sharing a bold vision to enable instant and frictionless transactions from one […]
Bank of America Launches Account Validation to Assist Clients With Fraud Prevention
November 1 2021
Bank of America today announced the launch of Account Validation, a fraud prevention service for corporate […]
Bank of America Launches Business Advantage Unlimited Cash Rewards Card for Entrepreneurs
October 22 2021
Bank of America today announced the launch of the Business Advantage Unlimited Cash Rewards card. […]
BofA Advances Global B2C Payments With “Recipient Select”
October 13 2021
Bank of America has launched a new solution, which enables companies with frequent payments to […]
EBA CLEARING, SWIFT and The Clearing House join forces to speed up and enhance cross-border payments
October 11 2021
With the support of banks from both sides of the Atlantic, EBA CLEARING, SWIFT and The Clearing […]
Bank of America Named Best Consumer Digital Bank in the United States by Global Finance
September 17 2021
Bank of America has been named the Best Consumer Digital Bank in the United States […]
BofA Unveils “VAM 2.0”, an Enhanced Virtual Account Management Solution
September 9 2021
Following a multi-year investment, Bank of America has launched the next generation of its global […]
Bank of America Announces Retirement of Anne Finucane and Thomas Montag
August 27 2021
Bank of America today announced the retirement of Anne Finucane, Vice Chairman, and Thomas Montag, […]
IIM Ahmedabad and Bank of America Partner to Set up a Centre for Digital Transformation
August 26 2021
Indian Institute of Management Ahmedabad (IIMA), the premier global management institution has partnered with Bank […]
BofA Expands Its Digital B2C Payment Offerings with Pay to Card
June 11 2021
Bank of America is adding a new payment solution to its suite of business-to-consumer (B2C) […]
Bank of America to Participate in the Morgan Stanley US Financials, Payments & CRE Conference on June 14
June 8 2021
Katy Knox, president, Bank of America Private Bank and Andy Sieg, president, Merrill Lynch Wealth […]
Bank of America Surpasses Equity Investment Goal of $200M Increases Target to $350M to Support Minority Entrepreneurs
May 21 2021
Bank of America announced today it has increased its target for equity investment in minority-focused […]
Bank of America Increases Environmental Business Initiative Target to $1 Trillion by 2030
April 9 2021
Bank of America today announced a goal of deploying and mobilizing $1 trillion by 2030 […]
Bank of America announces goal of net zero by 2050
February 12 2021
Building on Bank of America’s longstanding support for the Paris Climate Agreement, the company today […]
Bank of America Is Top U.S. Issuer of Visa® and Mastercard® Commercial Solutions
July 15 2019
Bank of America has retained its ranking as a top issuer of Visa and Mastercard […]
BofA Report: Percentage of Workers Seeking Near-Term Financial Guidance from Employers Doubles
September 4 2025
While nearly 7 in 10 employees (68%) remain optimistic about their financial future over the next three years, many are seeking advice around both long-term savings and managing their personal finances today. This, combined with higher living costs and persistent inflation, is causing more workers to look for help prioritizing all their financial needs at once.
BofA Names Stephenie Whitfield President of Sarasota/Manatee
September 2 2025
Bank of America has named Stephenie Whitfield, Business Banking market executive, president of Bank of America Sarasota/Manatee. She succeeds Erik Vatter, who led the market since 2022 and will focus on his new role of Merrill senior financial advisor.
A Decade of AI Innovation: BofA's Virtual Assistant Erica Surpasses 3 Billion Client Interactions
August 20 2025
Erica is deepening relationships with clients and driving greater efficiencies throughout Bank of America
BofA Names Christine Williams President of Myrtle Beach
August 6 2025
Bank of America has named Christine Williams, Retail Banking business control executive, president of Myrtle Beach.
72% of Young Adults Take Action to Improve their Financial Health, finds BofA Better Money Habits Study
July 30 2025
Gen Z (ages 18-28) is finding adulthood more expensive than expected. Facing this, nearly three quarters of them are taking action to improve their financial health, according to Bank of America’s 2025 Better Money Habits® financial education study (PDF), published today.
BofA Names Julie Schmelzle President of Southwest Florida
July 8 2025
Bank of America has named Julie Schmelzle, senior relationship manager, Global Commercial Banking, president of Bank of America Southwest Florida. She succeeds Gerri Moll, who successfully led the market since 1997 and is retiring at the end of July after 41 years with Bank of America.
QR Sign-Ins Surge 60% on BofA's CashPro® Platform
May 20 2025
very day, thousands of CFOs and treasurers use QR code technology to sign-in to CashPro, Bank of America's digital banking platform accessed by more than 40,000 corporate and commercial clients around the world to manage their treasury, trade and credit operations and perform self-service requests.
Bank of America Names Maria Martinez to Board of Directors
January 29 2025
The Bank of America Corporation Board of Directors today appointed Maria Martinez as a director, […]
Bank of America Builds on Partnership with FIFA to Become Official Partner of FIFA Club World Cup 2025™
December 3 2024
FIFA is proud to announce Bank of America as the latest Official Partner of the […]
BofA Launches New Solution to Help Parents Raise Financially Savvy Kids
September 26 2024
Bank of America today announced a new solution to help parents support their children as […]
BofA to Open More Than 165 Financial Centers by End of 2026
September 24 2024
Over the last 10 years, Bank of America has been expanding its financial center network, […]
FIFA Announces Bank of America as Official Bank Sponsor of FIFA World Cup 26™
August 19 2024
FIFA is proud to announce Bank of America as its Official Bank Sponsor of FIFA […]
Parent Trap: Nearly Half of Adult Gen Zers Getting Financial Help from Mom & Dad, According to BofA Study
July 10 2024
Today, 46% of Gen Zers (ages 18-27) rely on financial assistance from parents and family, […]
Simply Asset Finance Secures £120m Loan Facility From Bank of America
June 28 2024
Bank of America has agreed a new facility with Simply Asset Finance, the specialist business […]
BofA Survey: Majority of Small and Mid-Sized Business Owners Anticipate Revenue Growth This Year
May 1 2024
A majority of small and mid-sized business owners expect their revenues to increase this year, […]
BofA's Erica Surpasses 2 Billion Interactions, Helping 42 Million Clients Since Launch
April 8 2024
More than 2 billion since 2018. That’s how many interactions Bank of America clients have […]
BofA Unifies Mobile Apps for Banking, Investing, and Retirement Into One Personalized Digital Experience
March 21 2024
Bank of America has launched a massive update to its mobile app, reimagining how clients […]
BofA Launches CashPro® Insights - Latest Digital Innovation for Treasury Management
January 10 2024
Bank of America has announced the launch of CashPro Insights, a digital tool that analyzes […]
Bank of America Names Tyrone Noel Hampton Roads President
September 29 2023
Today, Bank of America is announcing that Tyrone Noel has been named president of Bank […]
Enhancements to BofA’s CashPro® Chat Create Greater Efficiencies for Business Clients
September 19 2023
Bank of America, (BofA), is elevating the experience of its business clients through enhancements to […]
BofA Continues to Modernize Trade Finance with the Launch of CashPro® Supply Chain Solutions
September 18 2023
As part of a multi-year effort to transform trade finance, Bank of America is launching […]
Bank of America Enhances Benefits for its Customized Cash Rewards Credit Card
August 23 2023
Bank of America today announced that its Customized Cash Rewards credit card now offers more […]
Bank of America Opens Luxembourg Branch
May 10 2023
Bank of America today announced that it has opened a new branch in Luxembourg, further […]
Over 10 Million BofA Clients Use Life Plan to Pursue Financial Goals Through Personalized Digital Experience
March 30 2023
Bank of America today announced that more than 10 million clients have used Life Plan® […]
Merrill Introduces Premium Access Offering to High-Net-Worth Clients for More Personalized Investment Strategies
October 28 2022
Bank of America today announced Premium Access Strategies, a suite of third-party investment strategies reviewed […]
Bank of America Intelligent ReceivablesTM Upgraded With AR Forecasting Capabilities And Enhanced Reporting
October 24 2022
Bank of America today announced that it has enhanced its accounts receivables matching solution Bank […]
Bank of America Celebrates Clients with More Rewards Day on Saturday, November 5th
October 21 2022
On Saturday, November 5th, Bank of America will introduce its first-ever More Rewards Day – a one-day […]
Bank of America’s CashPro® Modernizes the Sign-In Experience With Biometrics
September 27 2022
Bank of America today announced the launch of QR sign-in for CashPro, a development that […]
Oxford’s Smith School of Enterprise and the Environment announces Public and Private Sector Collaboration with Bank of America to Tackle Climate Change and Transform Sustainability in Financial Services
May 10 2022
In this unique partnership and commitment to combatting climate change, Bank of America has pledged […]
Bank of America Becomes First Financial Institution Certified by J.D. Power for Customer Satisfaction with Financial Health Support
March 3 2022
Bank of America is the first financial institution to be certified by J.D. Power for […]
Bank of America Launches CashPro Forecasting
January 14 2022
Bank of America today announced the launch of CashPro Forecasting, a tool that uses artificial […]
EXCLUSIVE: ‘Z is for...’ – Ruby Walia and Matt Williamson, Mobiquity; Jorge Camargo, Bank of America in ‘The Fintech Magazine’
December 22 2021
A ‘TikTok’ generation that will be looking for a new relationship with financial providers in […]
Bank of America Launches Account Validation to Assist Clients With Fraud Prevention
November 1 2021
Bank of America today announced the launch of Account Validation, a fraud prevention service for corporate […]
Bank of America Named Best Consumer Digital Bank in the United States by Global Finance
September 17 2021
Bank of America has been named the Best Consumer Digital Bank in the United States […]
BofA Unveils “VAM 2.0”, an Enhanced Virtual Account Management Solution
September 9 2021
Following a multi-year investment, Bank of America has launched the next generation of its global […]
Bank of America Announces Retirement of Anne Finucane and Thomas Montag
August 27 2021
Bank of America today announced the retirement of Anne Finucane, Vice Chairman, and Thomas Montag, […]
IIM Ahmedabad and Bank of America Partner to Set up a Centre for Digital Transformation
August 26 2021
Indian Institute of Management Ahmedabad (IIMA), the premier global management institution has partnered with Bank […]
