Tag : Bank of America

Bank of America Comments on Stress Test Results; Plans to Increase Quarterly Dividend to $0.22 per share
Banking News

Bank of America Comments on Stress Test Results; Plans to Increase Quarterly Dividend to $0.22 per share

Fintech News Desk
Bank of America commented on the results of the Federal Reserve’s 2022 Comprehensive Capital Analysis and Review (CCAR) and announced plans to increase its quarterly common stock dividend to $0.22 per share beginning in the third quarter of 2022. Latest Fintech News: Lucinity & Experian Partner to Tackle Financial Crime and Drive......
Banking News

iCapital Announces Strategic Investment from Bank of America

Fintech News Desk
Investment builds upon partnership supporting Merrill and Private Bank advisors Strengthens iCapital’s position as the industry-wide solution of choice for banks and wealth managers iCapital, the leading global fintech platform driving access and efficiency in alternative investing for the asset and wealth management industries, announced today that Bank of America......
Claflin University Receives $500,000 from Bank of America to Support The Center for Social Justice
Banking News

Claflin University Receives $500,000 from Bank of America to Support The Center for Social Justice

Fintech News Desk
Claflin University announces that Bank of America will invest $500,000 to support the University’s Center for Social Justice and the Pathways From Prison Program.  The Pathways From Prison Program is a historic collaboration between Claflin and the South Carolina Department of Corrections (SCDC) that provides incarcerated individuals in South Carolina access to the University’s......
Bank of America Credit and Debit Card Data Shows Continued Growth in Consumer Spending, up 9% year-over-year in May
Digital Payments News

Bank of America Credit and Debit Card Data Shows Continued Growth in Consumer Spending, up 9% year-over-year in May

Fintech News Desk
Despite challenges from higher inflation, households continued to spend at a healthy pace, with spending on services like travel and entertainment continuing to grow The Bank of America Institute released its findings from the latest Consumer Checkpoint, which aims to provide a holistic and real-time estimate of U.S. consumers’ spending......
Bank of America to More Than Double Electrify America Ultra-Fast Charging Stations at Financial Centers
Banking Finance News

Bank of America to More Than Double Electrify America Ultra-Fast Charging Stations at Financial Centers

Fintech News Desk
Over 90 financial center locations will offer electric vehicle (EV) charging by the end of 2023 Bank of America and Electrify America announced plans to more than double the number of financial centers equipped with electric-vehicle (EV) charging stations by the end of 2023. As of the beginning of this......
Hedgehog Launches Two New Tokens Representing Fractional Investments in Real-World Assets
Investment Services News

Hedgehog Launches Two New Tokens Representing Fractional Investments in Real-World Assets

Fintech News Desk
Hedgehog is a blockchain-driven investing app that is making it possible for eligible individual investors to access the benefits of investing in real-world assets such as real estate and energy infrastructure projects Hedgehog, the blockchain-driven investment app, has made two new tokens available to eligible individuals in the US, UK......
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
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 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
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
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
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......
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