Best Digital Bank
Best Digital Bank
Preeminent Leader (Digital Channels, Payments)
Top-tier digital platform for a third year. In the 2024 Greenwich benchmarking (released early 2025), Bank of America was named a “Preeminent Leader” for continued enhancements to CashPro. The bank received top scores in Digital Channels for the third year running, as well as leading scores in Payments & Treasury Management categories7. This sustained performance […]
Reimagining Trade & Supply-Chain Finance
Award for trade finance innovation. In 2024, Celent also gave Bank of America a Model Bank Award for “Reimagining Trade and Supply Chain Finance,” recognizing the bank’s Open Account Automation solution for business clients6. This solution is part of CashPro Supply Chain Solutions and automates invoice approval and payment in global trade, reducing processing time […]
Customer-Centered Innovation
Innovation in client-centric mobile experience. Celent’s 2024 Model Bank Awards honored Bank of America with the Customer-Centered Innovation award for its new unified mobile app experience6. (This unified app brings together banking, investing, retirement features in one interface.) It emphasizes a highly user-centered design and improved digital onboarding, which align with CashPro’s philosophy of seamless […]