Bank of America sets company record for patents filed and granted during first half of 2020
Sep15

Bank of America sets company record for patents filed and granted during first half of 2020

Bank of America today announced it has recorded the most patents filed and granted in the first half of any year in the history of the company. The bank achieved that mark during a time in which the company also aligned more than 85% of employees to work from home during the global health crisis. The U.S. Patent Office granted the bank 184 patents during the first half of 2020, a 20% increase over last year, with nearly half of those...

Read More
Exclusive: ‘Predicting the unpredictable’ – Ad van der Poel, Bank of America in “The Fintech Magazine”
Sep09

Exclusive: ‘Predicting the unpredictable’ – Ad van der Poel, Bank of America in “The Fintech Magazine”

Ad van der Poel, Co-head of Product Management at Bank of America’s Global Transaction Service for EMEA, believes ‘digitising the trade’, not just the payment, is key to business survival in a future that’s increasingly hard to call. Latin scholar or not, every company boss and treasurer surely knows the mantra scientia potentia est. In the digital age, knowledge is most definitely power. Having forensically accurate financial...

Read More
The Fintech Magazine Issue 17
Sep01

The Fintech Magazine Issue 17

In this of The Fintech Magazine, From a messenger bank for Gen Zers to a challenger inspired by hip-hop, our look at neobanks of the world in this issue is a refreshing, upbeat change from the news of the past few months. There’s an urgency and optimism about these newbies – some spun out of more traditional institutions, others born out of pure, entrepreneurial genius, that haven’t been blown off course by the pandemic, and some that...

Read More
Bank of America Expands Commercial Contact-free Payments
Jul29

Bank of America Expands Commercial Contact-free Payments

Bank of America has expanded its mobile wallet capabilities for corporate clients in EMEA and APAC. The bank first launched mobile wallet in the United States and Canada in 2018, and this expansion makes it the first commercial bank issuer to offer the technology to corporate clients worldwide. The bank’s clients who use its Corporate Travel and Purchasing cards in EMEA and APAC are now able to use Apple Pay® and Google Pay® to make...

Read More
Neptune successfully raises new funding from existing investors
Jun12

Neptune successfully raises new funding from existing investors

Neptune Networks Ltd. (“Neptune”), the fixed income pre-trade market utility, announced that it had recently closed a successful capital raise from existing shareholders. Neptune has raised in excess of $15 million across two-tranches. The majority of Neptune’s existing shareholders participated in the capital raise, these included Bank of America, Barclays, BBVA, BNP Paribas, Citi, Crédit Agricole CIB, Credit Suisse, Deutsche Bank,...

Read More
Exclusive: ‘Fast, smart, secure…’ – Julie Harris & Geoff Brady, Bank of America in “The Fintech Magazine”
Mar16

Exclusive: ‘Fast, smart, secure…’ – Julie Harris & Geoff Brady, Bank of America in “The Fintech Magazine”

… are the ambitions driving Bank of America’s investment in digital infrastructure to facilitate transactions in the supply chain. Julie Harris, Head of Global Banking Digital Strategy, and Geoff Brady, Head of Global Trade & Supply Chain Finance for GTS, discuss the impact From bringing together global female leaders of economic growth and mentoring them at the Global Ambassadors Program in November, to being recognised for...

Read More
The Fintech Magazine Issue 15
Jan23

The Fintech Magazine Issue 15

Paris FinTech Forum is upon us – and what better way to kick off the new fintech decade!  In this of The Fintech Magazine, the Forum’s ever-energetic Founder Laurent Nizri takes stock of the five years since it launched and offers some 20/20 vision on the shape of financial technology to come. While the world heads to Paris, for this issue of The Fintech Magazine, we sent our intrepid digital explorers to the far side of the earth to...

Read More
Supporting Women’s Economic Empowerment in Turkey
Feb16

Supporting Women’s Economic Empowerment in Turkey

Bank of America Merrill Lynch and the Mother Child Education Foundation Help Advance Economic Growth for More Than 1,500 Women Bank of America Merrill Lynch is proud to report on the success of its ongoing partnership with the Mother Child Education Foundation (AÇEV). Recognising the significant role that women play in advancing economic growth within their communities and in the global economy, BofAML’s Istanbul-based team is...

Read More
Bank of America Merrill Lynch Community Development Banking Provided Record-Setting $4.53 Billion in Lending and Investing in 2017
Feb15

Bank of America Merrill Lynch Community Development Banking Provided Record-Setting $4.53 Billion in Lending and Investing in 2017

Bank of America Merrill Lynch Community Development Banking (CDB) had a record-setting year in 2017, providing $4.53 billion in loans, tax credit equity investments and other real estate development solutions. It deployed $3.04 billion in debt commitments and $1.49 billion in new equity investments to help build strong and healthy communities by financing affordable housing, charter schools, health care and economic development across...

Read More
Merrill Edge Streamlines Portfolio Analysis and Performance Review for the Online Investor
Feb13

Merrill Edge Streamlines Portfolio Analysis and Performance Review for the Online Investor

Clients Can Now More Easily Evaluate the Performance of Their Portfolios and Gauge Their Environmental, Social and Governance Impact Merrill Edge introduced an innovative new experience for the online investor that streamlines and simplifies portfolio analysis and performance review. Merrill Edge’s portfolio story provides clients critical portfolio-monitoring data, education, and insights to help them make more informed investing...

Read More
BofA Merrill Launches Global Digital Disbursements in Collaboration With PayPal
Feb01

BofA Merrill Launches Global Digital Disbursements in Collaboration With PayPal

U.S. Commercial Clients Can Now Disburse Funds in Other Currencies and Countries via PayPal Bank of America Merrill Lynch (BofA Merrill) is pleased to announce a collaboration with PayPal that will allow the bank’s U.S.-based commercial clients to make payments in local currencies to payees who hold PayPal accounts. The payments, which are initiated through BofA Merrill’s Global Digital Disbursements product, can be made from the U.S....

Read More
Bank of America Merrill Lynch Launches API Gateway
Jan25

Bank of America Merrill Lynch Launches API Gateway

Improves Collaboration With Clients, FinTechs and Third-Party Providers Bank of America Merrill Lynch (BofA Merrill) today announced the launch of its application program interface (API) gateway. Building on the successful launch of its API-enabled CashPro Assistant, clients will now be able to benefit from direct API connections through enterprise resource planning (ERP) and treasury management systems (TMS), as well as other...

Read More
Millennials Are Getting Their Financial Houses in Order
Jan24

Millennials Are Getting Their Financial Houses in Order

Millennials are proving that they are just as good as or better than older generations when it comes to money management habits like saving and budgeting, according to the Better Money Habits® Millennial Report released today. Millennials (ages 23 to 37) are saving (63 percent), and they are more likely to say they have a savings goal (57 percent) than members of Gen X (42 percent) and baby boomers (42 percent). It’s not all talk,...

Read More
Bank of America Merrill Lynch Announces Enhanced Virtual Payables for North America
Jan23

Bank of America Merrill Lynch Announces Enhanced Virtual Payables for North America

Providing Additional Flexibility and Control for Both Buyers and Suppliers Using API Bank of America Merrill Lynch (BofA Merrill) has launched an enhanced virtual card capability that uses application programming interface (API) to enable commercial purchasing clients to connect directly to the bank’s virtual card system. This streamlined and dynamic virtual card solution, known as BofA Merrill Virtual Payables, also leverages new...

Read More
Zelle Takes Cashless Payments to New Heights
Jan15

Zelle Takes Cashless Payments to New Heights

Bank of America Heads Into New Year With Record P2P Growth Bank of America announced record-breaking person-to-person (P2P) payments use, as its customers increasingly make the move to cashless solutions. Bank of America saw total Zelle transactions for 2017 hit nearly 68 million, an 84 percent growth rate from the previous year. In Q4 alone, Bank of America processed over 23 million transactions, totaling nearly $7 billion, up 91...

Read More
Bank of America Merrill Lynch Announces Card Assistant
Nov16

Bank of America Merrill Lynch Announces Card Assistant

A Digital Tool to Deliver Information and Education to Commercial Card Clients Bank of America Merrill Lynch today launched Card Assistant, a digital tool that transforms the way information and education are delivered to its global commercial card clients. Card Assistant enables time-pressed program administrators to access industry and product updates, informative webcasts, fraud prevention tips, case studies and reference...

Read More
Bank of America Expands Its Use of Biometrics With Intel Hardware-Based Security Technologies
Oct24

Bank of America Expands Its Use of Biometrics With Intel Hardware-Based Security Technologies

New Security Feature Introduces Digital Authentication for Online Banking Bank of America announced today it would begin implementing Intel®Online Connect technology into its online banking platform, giving customers added security when they bank online. The two companies will jointly preview the technology at this week’s Money20/20 conference in Las Vegas. Bank of America plans to incorporate the security feature into its online...

Read More
Bank of America Merrill Lynch Scores ‘Hat-Trick’ of Awards from EMEA Finance
Oct18

Bank of America Merrill Lynch Scores ‘Hat-Trick’ of Awards from EMEA Finance

Bank of America Merrill Lynch has won three awards across Foreign Exchange (FX) and Global Transaction Services (GTS) in EMEA Finance magazine’s Treasury Services Awards 2017. The awards, presented during a ceremony at Sibos in Toronto, include: Best Treasury Services in EMEA award (third consecutive year). Best Foreign Exchange Services in Europe (fifth consecutive year). Best Foreign Exchange Services in EMEA (sixth...

Read More
Bank of America Merrill Lynch Announces CashPro Assistant
Oct18

Bank of America Merrill Lynch Announces CashPro Assistant

Digital Tools Take Advantage of APIs to Deliver Configurable Analytics and Enhance Service Bank of America Merrill Lynch today launched CashPro® Assistant, which uses artificial intelligence and predictive analytic capabilities to help commercial and corporate clients easily access and analyze their banking information. CashPro Assistant delivers a differentiated experience for all CashPro clients. Central to the experience is CashPro...

Read More
BofA Merrill Helps Clients Reduce Costs With Multicurrency Netting
Oct17

BofA Merrill Helps Clients Reduce Costs With Multicurrency Netting

New Solution Gives Companies Greater Visibility and Control Over Their Inter-Company and Vendor Payments “We are pleased to add this powerful cross-currency solution to our suite of FX payment tools.” Bank of America Merrill Lynch, a leader in global transaction services, is pleased to announce that it has expanded its payments capabilities with the launch of Multicurrency Netting. The new solution centralizes...

Read More
Matthew Davies, Bank of America Merrill Lynch: Collaborations with Fintechs
Oct03

Matthew Davies, Bank of America Merrill Lynch: Collaborations with Fintechs

Matthew Davies from Bank of America Merrill Lynch speaks to us about collaborations with fintechs.

Read More
Matthew Davies, Bank of America Merrill Lynch: AI Space
Sep27

Matthew Davies, Bank of America Merrill Lynch: AI Space

Matthew Davies from Bank of America Merrill Lynch speaks to us about what they’re doing with AI.

Read More
Bank of America Introduces New Premium Rewards® Credit Card
Sep18

Bank of America Introduces New Premium Rewards® Credit Card

Bank of America today announced the launch of the Bank of America® Premium Rewards® credit card that provides customers with unlimited points that don’t expire, flexible rewards, and premium travel benefits. With the Premium Rewards credit card, cardholders earn two points for each dollar spent on travel and dining purchases and 1.5 points for each dollar spent on all other purchases. Cardholders who are also enrolled in the...

Read More

BofA Merrill Receives The Banker’s Top Global Award

Firm Awarded Most Innovative Investment Bank of the Year 2017 Bank of America Merrill Lynch (BofA Merrill) has received top honors from The Banker magazine in its Investment Banking Awards, being named Most Innovative Investment Bank of the Year 2017. The award recognizes the firm for its strategically oriented Corporate and Investment Bank, built on long-term relationships, and its ability to pair advisory and funding capabilities....

Read More
Bank of America Debuts New Mobile Tools Focused on Personalization
Sep06

Bank of America Debuts New Mobile Tools Focused on Personalization

New Enhancements Give Customers Flexibility to Choose What’s Most Important to Them Bank of America today announced a series of updates to its award-winning mobile app to further customize the user experience and continue its investment in innovation that improves the financial lives of its customers. “With 23 million mobile customers and growing, improving the customer experience is always a top priority,” said Michelle Moore, head...

Read More
X