New Offering Allows Companies to Make Payments to Their Customers Without Checks by Using Either a Mobile Phone Number or Email Address as the Identifier
Bank of America Merrill Lynch today announced the launch of Digital
Disbursements, a new payment solution that enables companies to make
payments to their customers digitally, eliminating the need to issue a
check. The payments are directly routed to the bank account of the
individual payee’s choosing using either a mobile phone number or email
address as the identifier. The solution leverages the technology behind
person-to-person payments, amore...
Bank of America Merrill Lynch has announced, for the third consecutive
year, that in lieu of offering gifts to clients attending the annual
Sibos* conference, the company will make a charitable donation on behalf
of the delegates. This year, (RED)™, which is focused on
generating money and awareness to help end mother-to-child transmission
of HIV, will receive the donation.
During this year’s Sibos conference (September 29 – October 2more...
CEO Brian Moynihan Speaks at United Nations Climate Summit
Bank of America today announced a Catalytic Finance Initiative, designed
to stimulate at least $10 billion of new investment into high-impact
clean energy projects. The initiative will focus on developing or
advancing innovative financing structures that reduce investment risk,
thereby attracting a broader range of institutional investors.
“We want to take a leadership role in helping remove barriers to
investment in clean energymore...