Search Results for "Bank of America"
9 results for "Bank of America"
Deals 9
Bank of America Signs Multi-Year Deal with LSEG for Integrated Analytics
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 integration across Bank of America's platforms. This enhances client market insights and risk management capabilities.
AccessFintech Raises Series C Led by WestCap with BNP Paribas Investment
AccessFintech closed a Series C funding round led by WestCap, with strategic investment from BNP Paribas Securities Services. The capital markets fintech provides collaborative data management and post-trade workflow services. The round will accelerate growth and expansion into new markets, building on backing from major banks including JPMorgan, Goldman Sachs, Citi, Bank of America, and BNY Mellon.
Bank of America and Banked Expand Pay by Bank to Euro Payments
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, enabling consumers to pay directly from their bank accounts. This broadens embedded payment options for merchants across European markets.
Genesis Global Secures $20M from BofA, BNY Mellon, and Citi
Genesis Global, a low-code platform for financial markets, raised $20 million from major banks including Bank of America, BNY Mellon, and Citi. The investment follows a $200 million Series C earlier in 2022 and signals major bank interest in low-code infrastructure for financial services.
Banked Raises $20M Series A Led by Bank of America
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 will support US expansion and development of Banked's two-sided payments network for businesses and consumers.
Neptune Networks Raises $15M From 13 Major Global Banks
Neptune Networks, a bond market data platform, closed a $15 million funding round backed by 13 major banks including Goldman Sachs, J.P. Morgan, and Citi. The platform provides real-time axe and inventory data via API connectivity. The investment signals banks' commitment to embedded financial data infrastructure.
Bank of America Launches Mobile App with Built-In Loan Applications
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 users. This represents an early example of embedded lending within a major bank's digital platform.
Luma Financial Technologies Launches Open Architecture Structured Products Platform
Luma Financial Technologies launched an open architecture electronic platform for structured products and annuities, backed by Navian Capital, Bank of America Merrill Lynch, and Morgan Stanley. The multi-issuer platform is available to any distributor, providing independent access to structured financial products.
Accenture FinTech Innovation Lab London Launches Sixth Cohort with 32 Bank Sponsors
Accenture launched the sixth cohort of its FinTech Innovation Lab London on January 2, 2018, pairing 20 shortlisted fintech startups—including a dedicated RegTech stream—with executives from over 32 major financial institutions. Sponsor banks included Citi, Goldman Sachs, HSBC, JPMC, Lloyds, Morgan Stanley, Santander, UBS, and others. The program focuses on solutions for PSD2, GDPR, MiFID II compliance, fraud detection, and blockchain security.