Bank of America News & Media

Bank of America appoints president of Fort Lauderdale

March 26, 2025

Bank of America has appointed Jason Edelmann as president of Fort Lauderdale. He will promote integration of the bank's eight lines of businesses, according to…

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Bank of America partners with Youth on Course to support young golfers

March 5, 2025

Bank of America has partnered with Youth on Course to improve access to golf for young people. Through the partnership, Youth on Course will add more than golf…

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Bank of America sees over 26B digital interactions

February 27, 2025

Bank of America saw more than 26 billion digital interactions from its clients in 2024, an increase of 12% year-over-year. It currently has more than 5…

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Bank of America appoints board member

February 7, 2025

Bank of America has appointed Maria Martinez as a director of the board. She previously served as COO at Cisco, according to a press release.

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8 Banking customer experience strategies for 2025

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Customer experience is a critical part of every business, as it builds customer loyalty and improves the overall brand image and equity. When looking at the…

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Branch transformation: 4 strategies to follow

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Here are four strategies to follow for a successful branch transformation.

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Visa, Mastercard ATM lawsuit settlement deadline set at Jan. 22

January 22, 2025

The deadline to sign up for the $197.5 million class action settlement against Visa and Mastercard is Jan. 22. This settlement comes from a lawsuit that…

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Bank of America CEO says bank ready for crypto payments

January 21, 2025

Brian Moynihan, CEO of Bank of America said that banks are ready to enable cryptocurrency payments as soon as regulators allow them. Moynihan made this…

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Bank of America to become official partner of US Soccer Federation

January 17, 2025

Bank of America partnered with the U.S. Soccer Federation, which will make it the official partner of all 27 teams. It will also become a Founding Level…

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Bank of America surpasses $500B in consumer investments

January 15, 2025

Bank of America's Consumer Investments business now has more than $500 billion in assets. This includes almost 4 million accounts with Merrill Edge…

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Bank of America appoints president of New Hampshire market

January 13, 2025

Bank of America selected Matt Reilly to serve as president of its New Hampshire market. In this role, he will work with clients, employees and communities…

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Bank of America's CashPro app to surpass $1T in payments

December 17, 2024

Bank of America announced its corporate clients will have surpassed $1 trillion in payment approvals on the CashPro app, a treasury operations app for 2024.

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Bank of America selects president of Detroit

November 25, 2024

Bank of America appointed Ed Siaje as president of Detroit. In this role, he will lead the bank's eight lines of business in the area, according to a press…

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Bank of America introduces Guaranteed FX Rates for cross-currency payments

November 6, 2024

Bank of America introduced Guaranteed Foreign-Exchange Rates of up to one year for cross-currency payments. With this tool, businesses can mitigate currency…

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Teller Cash Recyclers 101: 4 facts to know

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

TCRs have been around for a few decades now at this point, and they have evolved significantly since then. Here are four key facts to know about these machines.

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Bank of America announces More Rewards Day for Nov. 7

November 4, 2024

Bank of America announced its More Rewards Day Event will be returning on Nov. 7 for the third year in a row. On this day, eligible credit cardholders will…

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Bank of America appoints president of Spokane/Boise

October 31, 2024

Bank of America recently appointed Lauren Murray as president of Spokane/Boise, Idaho. She takes over for Kurt Walsdorf, who retired, according to a press…

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Bank of America sees 94 percent increase in AI patents

October 29, 2024

Bank of America has seen a 94% increase in AI and machine learning patents since 2022, with almost 1,100 patents or pending applications in its portfolio. The…

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Bank training: 5 tips to be successful

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Need better employees for your bank? Use these 5 strategies to train new and current employees effectively.

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Bank of America intros family banking solution

October 17, 2024

Bank of America recently introduced its SafeBalance Banking for Family Banking to help parents teach their children good financial habits. With this account…

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