Tag : Bank of America

Bank of America Study Finds 95% of Employers Feel a Sense of Responsibility for Financial Wellness of Employees
Finance Fintech News

Bank of America Study Finds 95% of Employers Feel a Sense of Responsibility for Financial Wellness of Employees

Fintech News Desk
More Employers Offering Financial Wellness Programs, Expanding Types of Wellness Support Bank of America announced findings from its 11th annual Workplace Benefits Report, which revealed 95% of employers feel a sense of responsibility for the financial wellness of their employees, up from 81% in 20151, and more than half (56%)......
Bank of America Introduces Enhanced Capabilities to Intelligent Receivables Solution
Artificial Intelligence Digital Payments News

Bank of America Introduces Enhanced Capabilities to Intelligent Receivables Solution

Fintech News Desk
Improvements Provide Companies the Ability to Customize the Solution for local market needs Bank of America has introduced an enhanced set of capabilities to its Intelligent Receivables solution, allowing clients to process payments and remittance data from local payment instruments in Simplified Chinese, Traditional Chinese, Korean and Thai language, in......
Bank of America Announces Retirement of Anne Finucane, Vice Chairman and Thomas Montag, COO and president of Global Banking and Markets
Fintech News

Bank of America Announces Retirement of Anne Finucane, Vice Chairman and Thomas Montag, COO and president of Global Banking and Markets

Fintech News Desk
Bank of America announced the retirement of Anne Finucane, Vice Chairman, and Thomas Montag, Chief Operating Officer and president of Global Banking and Markets, after many years of distinguished service. Both executives are members of the company’s executive management team and report to Chairman and Chief Executive Officer Brian Moynihan.......
85% of Deposits Now Made Digitally at Bank of America as Growth in Client Engagement with Digital Continues
Banking Fintech News

85% of Deposits Now Made Digitally at Bank of America as Growth in Client Engagement with Digital Continues

Fintech News Desk
Clients enjoy individualized experiences through digital, and the ease and convenience of managing their financial lives anywhere and anytime Digital engagement continues to grow rapidly at Bank of America, with more clients making online and mobile primary channels for more of their banking and lending with Bank of America and......
BofA Takes Stress out of Business Travel with Executive Explorer Credit Card and New Cardholder App
Digital Payments Digital Wallet Mobile Banking News

BofA Takes Stress out of Business Travel with Executive Explorer Credit Card and New Cardholder App

Fintech News Desk
New Products Available to the Bank’s Corporate and Commercial Clients in North America, Europe and Asia Bank of America has launched a new commercial credit card that includes premium benefits for frequent business travelers and executives called Executive Explorer. The card program offers generous statement credits for travel perks and enhanced......
Bank of America Supports RestoreOKC’s Restoration and Expansion of Community Resource Campus
Investments News

Bank of America Supports RestoreOKC’s Restoration and Expansion of Community Resource Campus

Fintech News Desk
The $250,000 anchor grant will help the nonprofit reach 6,000 households with wide array of support services RestoreOKC is receiving $250,000 in funding from Bank of America as part of a campaign to renovate and expand the organization’s Community Resource Campus at the former Polk Elementary School. “RestoreOKC’s Community Resource Center......
MoneyGram Announces Closing of Private Offering of $415 Million of Senior Secured Notes and $400 Million Senior Secured Term Loan
Banking Digital Payments News

MoneyGram Announces Closing of Private Offering of $415 Million of Senior Secured Notes and $400 Million Senior Secured Term Loan

Fintech News Desk
MoneyGram International, Inc. announced the closing of its previously announced private offering of $415 million aggregate principal amount of 5.375% senior secured notes due 2026 (the “notes”) and related guarantees (as defined below). Substantially concurrently with the closing of the offering, the Company closed a new $400 million senior secured term loan, and also......
Bank of America Launches New Unlimited Cash Rewards Credit Card
Banking Business News

Bank of America Launches New Unlimited Cash Rewards Credit Card

Fintech News Desk
Unlimited 1.5% Cash Back on All Purchases Makes Earning Rewards Easy, Helps Optimize Spending Preferred Rewards Members Could Earn up to 2.62% Cash Back Bank of America announced the launch of the Bank of America Unlimited Cash Rewards credit card, which allows clients to earn unlimited 1.5% cash back on......
U.S. Bank Names Tendayi Kapfidze as Head of Economic Analysis
Banking Investment Services Mobile Banking News

U.S. Bank Names Tendayi Kapfidze as Head of Economic Analysis

Fintech News Desk
U.S. Bank announced today that it has named Tendayi Kapfidze as its new head of economic analysis. “We’re excited to have him at U.S. Bank and continue to build on the foundation we have in place.” In this role, Kapfidze will build on U.S. Bank’s existing economic research capabilities supporting......
BofA Expands Its Digital B2C Payment Offerings with Pay to Card
B2C Banking Digital Payments E-commerce News

BofA Expands Its Digital B2C Payment Offerings with Pay to Card

Fintech News Desk
Solution Supports U.S. and Cross-Border Transactions via Bank Cards Bank of America is adding a new payment solution to its suite of business-to-consumer (B2C) payment capabilities. Named Pay to Card, the solution supports corporates’ growing need to pay consumers quickly and digitally by depositing funds directly into an individual’s or......