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How Bank of America approaches innovation

BankInovation

Bank of America’s innovation is never complete since its team constantly updates offerings to meet ever-changing client needs. “At Bank of America, innovation is everybody’s job,” Jorge Camargo, managing director of mobile app, online banking and Erica AI at Bank of America, told Bank Automation News.

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Bank Of America Boasts $22B In Bailout Loans

PYMNTS

It was a phenomenal Friday (April 3) for Bank of America. billion in loans since online applications became available starting at 8:45 a.m. Bank of America boasted that it was the first major financial institution (FI) to begin accepting applications for the federal $349 billion relief program on day one.

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

PYMNTS

It’s been a busy year in digital banking as the pandemic has driven consumers online to manage as much of their day-to-day lives as possible. When Bank of America Rewards Executive John Sellers glanced at his in-house numbers over the last year, the evidence was plain to see.

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Latin America Entices B2B FinTech Investors

PYMNTS

It was a big week for B2B FinTech startups in Latin America. “Latin America is a highly attractive growth market for us, and the acquisition of Omni will significantly expand our capabilities in this important region,” the firm’s Founder and CEO Lex Greensill said in a statement. Remessa Online. Authenticiti.

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Innovation Versus Cost Management

Alex Jimenez

Cost Management The myopia exhibited by organizations single threading their strategy is breathtaking. The reality is that organizations that are successful in innovating, and transforming their business models, include cost management in their main capabilities. Innovation and cost management aren’t mutually exclusive options.

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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. MercadoLibre is an eCommerce platform similar to Amazon , with its own payments infrastructure that has grown into credit, mobile payments and asset management capabilities. percent year over year. “In

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Fiskl, Samsung Appstack Team On Finance Management For SMBs

PYMNTS

Mobile-first fiscal management solution Fiskl has joined up with Samsung Appstack to help keep small- to medium-sized businesses (SMBs) competitive through collaborations and project management, according to a press release. The pandemic has engendered a number of new obstacles for companies.

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