Bank of America and Starbucks Partner on Rewards Program
Customers of Bank of America and Starbucks can now earn more benefits by linking those accounts. A new partnership between the two companies allows Bank of America cardholders and Starbucks Rewards...
View ArticleBank of America: ‘Network Effect’ Will Help B2B Payments Move to Cards
Andrew Stewart, director of global card and comprehensive payables at Bank of America, said there has been a seismic shift in commercial (B2B) payments. He noted that there has been a doubling in B2B...
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Cash-Back Deals Could Drive Consumer Adoption of Pay by Bank
Amid consumer hesitation to adopt account-to-account (A2A) payments, cash-back incentives could go a long way toward driving use. By the Numbers The PYMNTS Intelligence study “Tracking the Digital...
View ArticleBanks Say Better to Be Proactive Than Reactive When Making Payments Real Time
Faster payments solve many traditional pain paints endemic to legacy payment methods. But although several hundred financial institutions (FIs) have signed on to the two domestic instant payment rails...
View ArticleFour Questions for CFOs About AP and AR Automation
We are nearly a quarter of the way through the 21st century. But many firms are still carrying around legacy payment systems and suffering from clunky B2B workflows. This, despite the fact that —...
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Are Brick-and-Mortar Bank Branches Cool Again?
Digital banking is all the rage, right? Who can resist the convenience of using a bank app to balance accounts while waiting for the barista to brew a cup? No one is denying the allure of digital...
View ArticleBank of America Consolidates Banking, Investing, Retiring Into One App
Bank of America has launched a “massive update” to its mobile banking app, combining banking, investing and retiring into one unified app. This new, unified digital platform consolidates into one...
View ArticleThe Innovation Imperative for Banks Starts With Personalized Digital Experiences
The traditional banking model and business roadmap for financial institutions needs future-proofing. Across today’s financial services landscape, digital increasingly rules the roost — making...
View ArticleBank of America: Digital Evolution Demands ‘High-Tech and High-Touch’ Approach
Rich Clow, managing director and head of innovation and strategy, Global Payments Solutions, Bank of America, told PYMNTS that omnichannel demands are pointing banks toward a seamless continuum of...
View ArticleBank of America Launches Platform for Small Businesses and CDFIs
Bank of America launched an online platform that connects small business owners with community development financial institutions (CDFIs). The new Access to Capital Connector enables small business...
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