Tag : Bank of America

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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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
by Fintech News Desk0
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......
Bank of America Opens First Financial Centers in Kentucky
Banking Fintech News

Bank of America Opens First Financial Centers in Kentucky

Fintech News Desk
by Fintech News Desk0
Expansion Further Demonstrates High-Tech, High-Touch Approach to Client Service Bank of America announced it has opened its first financial centers in Kentucky. The opening of three centers in Lexington brings retail banking, lending and small business services to local clients, along with investing and personalized financial guidance from Merrill. In......
Gibraltar Business Capital Announces $150MM Line of Credit with Bank of America
Banking Finance News

Gibraltar Business Capital Announces $150MM Line of Credit with Bank of America

Fintech News Desk
by Fintech News Desk0
Gibraltar Business Capital, an industry leader in asset-based lending for lower middle-market businesses, announced an expanded financing partnership with Bank of America through a new $150MM line of credit. The line of credit provides Gibraltar the necessary capacity to serve its growing portfolio of lower mid-market businesses seeking flexible, reliable financing while......
Bank of America Files Record Number of Patents
Banking Fintech Investment Services News

Bank of America Files Record Number of Patents

Fintech News Desk
by Fintech News Desk0
Bank of America inventors filed 722 patent applications with the United States Patent Office last year, the most in the company’s history. This record came while 85% of the company’s workforce was working from home due to the coronavirus. Separately, the bank was granted 444 patents in 2020, also a......
Bank of America Sets 2050 Net Zero Goal
Banking Fintech News

Bank of America Sets 2050 Net Zero Goal

Fintech News Desk
by Fintech News Desk0
Building on Bank of America’s longstanding support for the Paris Climate Agreement, the company today outlined initial steps to achieve its goal of net zero greenhouse gas (GHG) emissions in its financing activities, operations and supply chain before 2050. Bank of America continues to actively engage with its clients to......
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