Tag: Bank of America

Bank of America turns to AI to improve treasury payments

Bank of America is using AI to give corporate treasury teams greater visibility into payment performance, cross-border activity and working capital through a new...

FGV Capital closes $35m fund to back FinTech startups

FGV Capital, A US-based venture capital firm, has closed its second investment fund at $35m, exceeding its original $25m target as it prepares to...

Why Merrill Lynch’s $7.5m penalty should worry AML teams

The US Securities and Exchange Commission (SEC) has fined Bank of America's Merrill Lynch business $7.5m after finding the firm failed to file numerous...

Bank of America targets instant cross-border payments

Bank of America, one of the world's largest financial institutions serving roughly 70 million consumer and small-business clients in the United States alone, is...

Why gold is outperforming in 2025

Gold has dominated headlines in 2025 as investors seek a secure store of value in a year marked by economic instability and heightened geopolitical...

Fnality raises $136m to expand blockchain settlement systems

Fnality, a financial market infrastructure firm that operates next generation wholesale payment systems regulated by central banks, has raised $136m (£99.7m) in a Series C funding round.

Propel Finance secures £1.5bn to boost UK SME lending

Propel Finance, a UK-based asset finance provider for SMEs, has secured a new £1.5bn funding round to expand its lending capabilities across the country.

Farsight raises $16m to automate financial decision-making

Farsight, a company specialising in automating workflows and insights for financial institutions, has raised $16m. The round was led by SignalFire, with additional investment from...

Octaura secures $46.5m to grow CLO and loan tech markets

Octaura, a FinTech company specialising in electronic trading and analytics for syndicated loans and collateralised loan obligations (CLOs), has raised $46.5m in a funding round to accelerate its market growth and innovation plans.

FIFA and Bank of America expand partnership to power FIFA Club...

FIFA, the governing body for global football, and Bank of America, one of the world’s leading financial institutions, have announced an expanded partnership for the FIFA Club World Cup 2025™.

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