How it operates
Bank of America provides deposit and lending products, payments, wealth and investment services, commercial banking, treasury services and markets capabilities through affiliated businesses.
Bank · COVERAGE INDEX
Bank of America
Bank of America is a diversified bank holding company serving consumers, businesses, institutions and governments through banking, wealth management, markets and corporate finance.
Its reported businesses include Consumer Banking, Global Wealth & Investment Management, Global Banking and Global Markets. This profile focuses on the parent company and its range of business lines, rather than a single product or subsidiary.
Bank of America’s official website ↗
Financial services relevance
Its scale spans household banking, small-business finance, institutional treasury and global capital markets. Its businesses connect retail, commercial and wholesale finance.
News timeline
Published Sep 28, 2026Source / event date: Bank of America announcement · September 28, 2026 at 10:00 AM Eastern
Bank of America adds AI intelligence tools for treasury teams →
Bank of America announced AskGPS Intelligence Hub on September 28, an internal suite for Global Payments Solutions employees that combines client, account and relationship information for treasury reviews, account-structure diagrams and relationship insights. The capabilities are planned in phases; employees retain responsibility for decisions and client interactions.
Bank & fintech · Company product announcementPublished Sep 28, 2026Source / event date: Announcement published September 28, 2026 at 8:00 AM Eastern; discovered within the rolling 24-hour recovery window.
Bank of America adds payment benchmarking and working-capital insights to CashPro →
Bank of America announced Payments Insights for U.S. CashPro clients, offering views of payment efficiency, cross-border flows and working-capital performance. The bank describes the feature as part of its AI-powered CashPro Data Intelligence suite and says it uses proprietary peer benchmarking and dynamic visualizations.
AI · Company product launchRelated permanent research
Lending & consumer financeResearch updated Oct 4, 2026
Cash-Flow Underwriting: Adoption, Performance & Risk →
Cash-flow underwriting is already used in bank, CDFI, merchant and mortgage workflows. This expanded review maps adopters and motives, separates historical adoption statistics from live coverage, examines predictive and adverse evidence, and explains affordability, operational, economic and governance risks.
Regulatory caseResearch updated Oct 4, 2026
Bank of America’s HMDA case: mortgage-market information and the cost of missing context →
The terminated order shows how an inaccurate account of data collection can weaken the information used to study mortgage access, compare channels and identify questions for further review.
Payments & financial infrastructureResearch updated Oct 4, 2026
Lockbox collections: converting incoming checks and remittance data into applied cash →
A lockbox connects collection, deposit and remittance processing. Faster cash receipt is only one benefit; a separate challenge is matching the money to the right customer and invoices without hiding exceptions.
Regulatory caseResearch updated Oct 1, 2026
Bank of America’s 2023 cases: account pricing, rewards and durable customer growth →
Repeat fees, undelivered rewards and unauthorized openings expose different breaks in the customer promise, with consequences for acquisition economics and relationship value.
Financial company profileResearch updated Sep 30, 2026
Bank of America: consumer, business and wealth relationships at scale →
How a broad financial franchise connects everyday banking, treasury services and investing, with separate treatment of customer assets, bank deposits and the cost of relationship retention.
Policy & official records
Curated library records that name Bank of America or connect through its linked research. The official source provides full scope and status.
OCC / FDIC / Federal Reserve / NCUA2020-05-20 · Current posted supervisory guidance
Responsible small-dollar lending — interagency principles →
Principles for responsibly offering small-dollar credit, with attention to successful repayment, clear terms and sound risk management. Provides product-design context alongside applicable consumer-credit rules.
Official record ↗OCC / FDIC / Federal Reserve / CFPB / NCUA2019-12-03 · Current posted supervisory guidance
Alternative data in credit underwriting — interagency statement →
Addresses consumer-protection opportunities and risks from alternative underwriting data, including cash-flow data. Encourages analysis of applicable laws and compliance controls before deployment; it does not exempt a model from consumer-protection requirements.
Official record ↗CFPBDate not provided · Codified rule
Credit-card ability to pay — 12 CFR 1026.51 →
Ability-to-pay requirements for opening card accounts and increasing credit limits, including special rules for younger consumers. Separate from the mortgage ability-to-repay and qualified-mortgage framework.
Official record ↗CFPBDate not provided · Current text
Regulation C Appendix B — Demographic data collection →
Instructions for collecting and reporting applicant ethnicity, race and sex, including treatment across application methods.
Official record ↗