Tag: Bank of America

Stay updated on Bank of America’s trends and developments. PaymentsJournal provides expert analysis and news on the strategies and innovations driving this leading financial institution.

Credit Cards: “Bracing for Impact”

by Brian Riley

April 27, 2020

Today’s WSJ summarized the condition of the global credit card industry in three simple words that concisely depict the state ...

Credit Card Accounting and CECL: Top Bank Impacts Are In

by Brian Riley

February 11, 2020

The Current Expected Credit Loss (CECL) accounting standard is a new requirement for financial institutions. It will replace the incurred ...

New Avidxchange Report Examines Middle Market Spending Trends

JD Power Survey Puts Discover Small Business Card at the Top in the U.S. Market

by Brian Riley

December 3, 2019

JD Power’s recent survey indicates that Discover Card is back in the U.S. market in a large way. The issuer’s ...

Bank of America Reports Strong Zelle Transaction Growth

by Sarah Grotta

August 21, 2019

While traditional financial institutions have long been the primary way to send and receive money, the rise of peer-to-peer (P2P) ...

Bank of America and First Data To Unwind Joint Venture

by Raymond Pucci

July 30, 2019

Merchant acquiring has undergone significant transformation as consolidation among major payment processors continues to reshape the competitive landscape. Strategic mergers ...

Credit Cards: As American As Apple Pie

by Brian Riley

July 3, 2019

A moment of reflection as we enter the 2019 Fourth of July summer-cycle. Credit cards are an American invention, a ...

Bank of America Merrill Lynch Announces Apple Watch App to Be Integrated Into CashPro®

by Steve Murphy

May 16, 2019

Corporate banking user experience is becoming increasingly important as financial institutions adapt their platforms to meet changing expectations from commercial ...