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Bank of America disclosed in its SEC quarterly filing that it faces potential new fines tied to a December 2024 OCC consent order over AML deficiencies. The bank said it is continuing to discuss a res...

Bank of America disclosed it faces potential new fines from the OCC over AML program deficiencies. The bank said it is continuing to discuss resolution of a consent order issued in Dec 2024.

Bank of America unveiled a redesigned mobile banking app with embedded loan applications for credit cards, auto loans, and home loans. The app also features AI assistant Erica, serving 29 million user...

Bank of America and UK fintech Banked Ltd expanded their Pay by Bank solution to support real-time euro currency payments for e-commerce. The partnership builds on the UK launch in February 2022, enab...

UK-based BaaS and Pay by Bank fintech Banked raised $20 million in a Series A round led by Bank of America and Edenred Capital Partners. The round brought total funding to over $30 million. Proceeds w...

Bank of America entered a multi-year agreement with London Stock Exchange Group (LSEG) to integrate workflow, analytics, and risk intelligence tools. The deal includes LSEG Workspace and World-Check i...

Jio Financial Services and Bank of America signed a definitive agreement on Aug 12, 2026, for BofA to acquire up to 49.9% of Jio Credit Limited through equity shares and warrants. The deal is valued a...