Citi Latin America Launches Digital Accounts For Corporate Clients

PYMNTS

Citi Treasury and Trade Solutions (TTS) Latin America has rolled out its Citi Digital Account to help institutional clients digitize their banking experiences, eliminating the need for wet-signed signature cards, checkbooks or manual transactions, according to a press release.

Advance America Teams With Western Union For Money Transfer Tools

PYMNTS

Financial services platform Advance America is partnering with cross-border payment firm Western Union Company to expand its suite of payments solutions. Advance America will bridge its digital and retail infrastructure to Western Union’s platform capabilities.

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Enabling e-commerce and m-commerce in Latin America

Mobile Payments Today

The e-commerce market in Latin America presents enormous potential for retailers. Despite the possibilities, there are a number of unique challenges that retailers and payments companies need to be aware of before making such a commitment

Bank of America invests $314 million in NY Green Bank

American Banker

Bank of America Public-private partnership State of New York ESG Energy industry

America’s Banks Celebrate America’s Vets

ABA Community Banking

In honor of our veterans, the ABA Banking Journal is sharing several stories from America's Banks of how banks serve and employ those who have served. The post America’s Banks Celebrate America’s Vets appeared first on ABA Banking Journal.

Bank of America gained 418 technology patents in 2019

Bank Innovation

Bank of America obtained more patents last year than any other year in the history of the company. Artificial Intelligence Automation Blockchain Carousel Daily Post 2 Innovation Strategy Payments Product Design Retail Banking Bank of America patents

The State of FinTech in Latin America

Chris Skinner

I’m off to Chile next week and thought, in preparation, I’d look at the state of FinTech in Latin America. Equally, I meet a lot of the … The post The State of FinTech in Latin America appeared first on Chris Skinner's blog. So far, I’ve spent fair time in Colombia, Brazil and Argentina, and see these as the three major centres of activity along with Mexico.

Bank Of America Rolls Out AP Automation Platform

PYMNTS

To help businesses automate and digitize their accounts payable (AP) divisions, Bank of America is rolling out Complete AP. Accounts Payable accounts payable automation B2B B2B Payments Bank of America banking Banks News What's Hot In B2B

Latin America: An ecommerce economy on the rise

Mobile Payments Today

Latin America presents a growing regional economy, however the payments and ecommerce industries present unique challenges

Hollywood Joins Corporate America, Government Leaders On COVID-19 Vax Watch

PYMNTS

It’s no different than what’s happening across corporate America , in government offices and with professional sports teams — as well as at the 2020 Winter Olympics in Tokyo. Not even Hollywood magic is enough to keep the COVID-19 pandemic from shutting down TV and movie sets.

Bank of America: Spending Up Over 2019 Despite Virus Acceleration

PYMNTS

Bank of America customers are spending more across all accounts than they did last year, but more stimulus is needed to support small businesses and people who are unemployed, according to CEO Brian Moynihan.

Bank of America Redesigns App for iPad

Bank Innovation

Bank of America has redesigned its mobile app for the iPad. Exclusive Innovations Mobile Online Open Fintech Payments Premium Apple Bank of America Bank of America Merrill Lynch Erica iPad JPMorgan Chase ZelleThe new tablet design now mirrors the look and functionality of the BofA iPhone mobile banking app.

Latin America Entices B2B FinTech Investors

PYMNTS

It was a big week for B2B FinTech startups in Latin America. The new funding, the company noted, will enable the firm to expand throughout Latin America as it steps in to support the region’s SMBs amid the pandemic.

MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It now operates in 18 countries in Latin America. ” Retail ecommerce Featured News FinTech international LatAm Latin America MercadoLibre News

Bank Of America Acquires Healthcare Payment Startup Axia Technologies

PYMNTS

Bank of America (BoA) is acquiring the German healthcare payment and technology company Axia Technologies for an undisclosed amount as the financial institution (FI) seeks to advance its payment solutions for healthcare clients.

Bank Of America Launches Business Treasury APIs

PYMNTS

Bank of America is rolling out three new application programming interfaces (APIs) as it supports the growing demand for up-to-the-moment data and processing in business treasury. With CashPro APIs, we’re helping our clients bring banking information and daily operations even closer together,” said Stephanie Wolf, head of Global Financial Institutions, Governments and Business Banking Sales in Global Transaction Services (GTS) at Bank of America, in the announcement.

Bank Of America Sees More Than Healthcare In Axia Acquisition

PYMNTS

A bank, Bank Of America , acquires a healthcare payments platform, Axia Technologies , to strengthen its patient/provider payments capabilities. Healthcare Axia B2B B2B Payments Bank of America BoA Digital Payments faster payments Featured News Mobile Payments News real time payments

Berkshire Hathaway Buys 11.3 Pct Of Bank Of America Shares

PYMNTS

Berkshire Hathaway , the Warren Buffett-helmed conglomerate that owns Geico , upped its stake in Bank of America (BoA) by over $800 million, in what the Financial Times (FT) reported is a vote of confidence in the lagging U.S.

Bank of America customers sent $27 billion through Zelle in Q1  

Bank Innovation

Bank of America customers are shifting toward digital tools. Paul Donofrio, Bank of America’s chief financial officer, said in a statement that despite the […].

Mall Of America On The Connected Mall’s Future

PYMNTS

According to estimates, 25 percent of America’s roughly 1,000 malls will close over the next three to five years — a process accelerated, but not created, by the pandemic. But the Mall of America is not most malls.

Serko Rolls Out Expense Management Tool In North America

PYMNTS

Corporate travel and expense management solution provider Serko has launched its Zeno Expense tool in North America, giving customers a new option for B2B travel management, a press release on the company website stated, alongside the company's Zeno Travel tool that was already available.

Bank Of America Expands SWIFT gpi, Intros CashPro Cross-Border Payment Tracker

PYMNTS

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. Customers can make payments via Bank of America’s SWIFT gpi solution.

America Unmasks And Lipstick Makes A Return

PYMNTS

Today is a great day for America,” President Joe Biden said during a Rose Garden address heralding the new guidance, an event where he and his staff went without masks. Free of masks, free of masks, thank your lucky stars, we’re free of masks.

America: a nation living in the 20th Century

Chris Skinner

These days, in … The post America: a nation living in the 20th Century appeared first on Chris Skinner's blog. When did you last write a check (cheque)? When did you last receive one? Although a valid payment mechanism in some countries, it has been phased out in many. Finland stopped using checks in 1993, Poland in 2006 and the Netherlands from the start of next year.

Visa On Capturing The Digital Payments Opportunity In Latin America

PYMNTS

The advance of digital payments in Latin America over the last two decades has been slow when measured against other parts of the globe. Critical to bringing digital payments into Latin America in general, and into WhatsApp in specific, is they must be secured via tokenization.

Bank Of America: 44 Pct Of Consumer Sales Made Through Digital Channels  

PYMNTS

Bank of America posted second-quarter results that, like its brethren such as J.P. Bank of America said that credit spending was up 46 percent, a pace that quickened past debit’s 36 percent. Earnings Bank of America banking Digital Banking mobile banking News Revenue

Insurance Sales Spike In Latin America Post-COVID

PYMNTS

but that hasn’t always been the case in Latin America. Insurance Cover Genius Featured News InsurTech international Latin America News pymnts tv Trend Talks videoPurchasing insurance may be a given in the U.S.,

Latin America’s Dark, Crypto-Driven, Cybercrime Underbelly

PYMNTS

To get a sense of the new frontiers in cybercrime, and how cryptocurrency helps fraudsters cover their tracks or finance their schemes … look, perhaps, to Latin America. Security & Fraud cryptocurrency Cybercrime fraud Latin America News

Bank of America tech chief says cyberattacks have surged ‘dramatically’

Payments Source

Bank of America Cyber security Coronavirus

Don’t look to America for innovation

Chris Skinner

I recently wrote this piece for Raconteur’s Sunday Times supplement, and thought it might interest The Finanser’s readers: ‘When we in the West look to America for innovation, we are looking the wrong way’ I often talk about the world of change we are going through and how Europe and America are … The post Don’t look to America for innovation appeared first on Chris Skinner's blog.

Bank Of America Sees Personalized Video As Key To Rewards-Program Loyalty

PYMNTS

When Bank of America Rewards Executive John Sellers glanced at his in-house numbers over the last year, the evidence was plain to see. What Bank of America has seen over the few years of integrating video into its digital customer journey is that it’s increasingly able to deliver on all three.

Video 251

Sezzle Teams With Market America To Bring BNPL To Shop.com

PYMNTS

Buy now, pay later (BNPL) FinTech Sezzle has partnered with global product brokerage firm Market America Worldwide to advance payment options on its Shop.com platform. Buy Now Pay Later buy now pay later ecommerce Market America News partnerships Retail sezzle What's Hot

Bank Of America CEO: Stimulus Package Is Coming Together

PYMNTS

The CEO of Bank of America said the impact of the $2.2 In an interview on CNBC’s “Closing Bell,” on Friday (May 1) Bank of America CEO Brian Moynihan said the combined elements of the CARES Act are coming together to jumpstart the economy.

Mobile users drive deposit growth at Bank of America

Bank Innovation

For Bank of America, mobile and digital channels are sustaining its retail business. Carousel Customer Experience Retail Banking Wealth Management Bank of AmericaIn a third-quarter earnings call Wednesday, CEO Brian Moynihan stressed the importance of digital banking offerings that are complemented by human support. Customers continue to transact and interact with us in person, as well as through the digital channel,” he said. “We We […].

Bank of America Sees “Overwhelming” Growth in Zelle Numbers

Bank Innovation

EXCLUSIVE — It’s another great quarter for Bank of America in terms of number of users of its P2P payment app Zelle. Exclusive Mobile Payments Bank of America Early Warning P2P payments Venmo ZelleThe bank just released numbers for the Zelle app in Q4’17 that shows it processed more than 23 million transactions amounting to almost $7 billion. That’s a 91% increase from the prior year […].