Search Results for: Bank of America

Bank of America Commits to Investing in Overlooked Ventures Early Stage Startup Fund
Fintech Startups Investments News

Bank of America Commits to Investing in Overlooked Ventures Early Stage Startup Fund

Fintech News Desk
by Fintech News Desk0
Overlooked Ventures, a Columbus, Ohio-based firm, announced an initial investment by Bank of America to help advance capital investments in businesses established by historically ignored entrepreneurs. The bank’s support is part of its commitment to invest $350 million in minority-focused funds to support minority entrepreneurs. Latest Fintech Insights : Simpl Makes Buy......
Bank Of America Community Development Banking Provides Record $6.6 Billion in Lending and Investing in 2021
Banking News

Bank Of America Community Development Banking Provides Record $6.6 Billion in Lending and Investing in 2021

Fintech News Desk
by Fintech News Desk0
Five Consecutive Record Years of Financing, Representing a Total of $26.6 Billion and 60,000 Affordable Housing Units in Communities Across the Country Bank of America Community Development Banking (CDB) provided $6.6 billion in loans, tax credit equity investments, and other real estate development solutions in 2021, surpassing a previous record of $5.9 billion in......
Bank of America Consumer Clients Make $335 Billion In Payments in January, up 17% Year-Over-Year
Banking Digital Payments News

Bank of America Consumer Clients Make $335 Billion In Payments in January, Up 17% Year-Over-Year

Fintech News Desk
by Fintech News Desk0
Continued Strong Consumer Spending Drives Second Highest Month on Record; Builds Upon Record Full-Year Spending in 2021 Bank of America announced their approximately 67 million consumer clients made $335 billion in total payments during January, a 17% increase over January 2021 and the second highest month of spending on record. This follows a......
Bank of America Commits To Investing In Invest Detroit Ventures' Early-Stage Startup Fund
Banking Investment Services News

Bank of America Commits To Investing In Invest Detroit Ventures’ Early-Stage Startup Fund

Fintech News Desk
by Fintech News Desk0
– Fund strongly supports underserved founders with half of its portfolio to be invested in female, minority, and immigrant founders – Advances Bank of America’s commitment to Detroit and the region – Supports Invest Detroit Ventures’ efforts toward sustainability to provide long-term support for early-stage Michigan-based companies Invest Detroit Ventures......
Bank Of America Launches CashPro Forecasting
Artificial Intelligence Banking Machine Learning News

Bank Of America Launches CashPro Forecasting

Fintech News Desk
by Fintech News Desk0
Best of Breed Solution Leverages Artificial Intelligence and Machine Learning; Clients can Self-Enroll Directly Through the CashPro Banking Platform Bank of America announced the launch of CashPro Forecasting, a tool that uses artificial intelligence (AI) and machine learning (ML) technology to more accurately predict future cash positions across clients’ accounts......
Bank of America Announces Sweeping Changes To Overdraft Services In 2022, Including Eliminating Non-Sufficient Funds Fees and Reducing Overdraft Fees
Banking Fintech News

Bank of America Announces Sweeping Changes To Overdraft Services In 2022, Including Eliminating Non-Sufficient Funds Fees and Reducing Overdraft Fees

Fintech News Desk
by Fintech News Desk0
With New Changes, Company Will Have Reduced Overdraft Fee Revenues by 97% from 2009 Levels Bank of America announced significant changes to its overdraft services, including plans to eliminate non-sufficient funds (NSF) fees beginning in February, and to reduce overdraft fees from $35 to $10 beginning in May. The company will also......
Bank of America Takes Loyalty to New Levels With Expanded Preferred Rewards, New Premium Rewards Elite Credit Card and Partner Rewards Program
Banking Fintech News

Bank of America Takes Loyalty to New Levels With Expanded Preferred Rewards, New Premium Rewards Elite Credit Card and Partner Rewards Program

Fintech News Desk
by Fintech News Desk0
New and Expanded Programs and Solutions Reward Client Relationships through Exclusive Rewards and Personalized Experiences Bank of America announced enhancements to its rewards and loyalty programs, all designed to provide exclusive offers, experiences and perks for clients across their full relationship. The bank’s award-winning Preferred Rewards program, which has more......
Umazi Collaborates With Artesian : DueDil to Automate and Accelerate SME Corporate Due Diligence
Banking Digital News

Bank of America and Discover Share No. 1 Digital Ranking Among Credit Card Issuers According to Keynova Group’s Q4 2021 Scorecard

Fintech News Desk
by Fintech News Desk0
Increasing “Buy Now Pay Later” Offerings and a Rising Number of Card Options are Top Trends Among Leading Credit Card Issuers Keynova Group, the principal competitive intelligence source for digital financial services firms, announced the results of its Q4 2021 Credit Card Scorecard evaluating leading issuers’ websites and mobile channels.......
Lucid Selects Bank of America as Preferred Lender to Support Customer Ownership Experience
News Trading

Lucid Selects Bank of America as Preferred Lender to Support Customer Ownership Experience

Fintech News Desk
by Fintech News Desk0
Lucid Air customers can now apply for financing through Bank of America online or through a dedicated concierge service – Customers can finance directly through Bank of America when ordering a Lucid Air – Customer deliveries of the Lucid Air underway Lucid Group, which is setting new standards with its......
Bank of America Names Al McRae President of Atlanta
Banking News

Bank of America Names Al McRae President of Atlanta

Fintech News Desk
by Fintech News Desk0
Bank of America has named Al McRae as president of Bank of America Atlanta. McRae succeeds Wendy Stewart, who was recently named a member of the company’s senior management team and the president of Global Commercial Banking. Top Globalfintechseries.com Insights: DECOM Launches BANITY, the First NFT Collection of Vanity Wallets Stewart will continue to be active......
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