Transaction Services

Awards and Accolades

Global Finance, Treasury and Cash Management Awards, 2023

  • Best Bank for Payments and Collections in North America

Global Finance, Trade and Supply Chain Finance Awards, 2023

  • Best Trade Finance Bank in the US
  • World's Best Bank for Supply Chain Financing

Global Finance, Gordon W. Platt Foreign Exchange Awards, 2023

  • Best Global Trade Finance FX

Treasury Management International, Awards for Innovation & Excellence in Treasury, 2022

Winners:

  • Technology & Innovation Awards - Best Mobile Technology Solution for Treasury
  • Treasury4Good Bank and Fintech Awards - Best Social Innovator
  • Technology & Innovation Awards - FinTech Collaboration with Banked

 

Highly Commended Client Awards:

  • Corporate Recognition for Tech Innovation - Best Automation Project - Sitel
  • Corporate Recognition for Innovation in Treasury - Best Treasury Transformation Project - Vibrantz

Treasury Today, The Adam Smith Awards, APAC, 2022

Winners:

  • Best in Class In-Country Treasury Solution - McKinsey & Company
  • Best Funding Solution - ST Engineering

 

Highly Commended:

  • Best Transaction Management Solution - Rio Tinto
  • Best Sustainable Treasury Solution - PureCircle
  • Best Risk Management Solution - Hypertherm
  • Harnessing the Power of Technology - Abbott Malaysia

Aite-Novarica Group, Cash Management & Payments Impact Awards, 2022

  • Impact Award for Product Development – CashPro Forecasting
Impact award Image

2022 Aite-Novarica Group Impact Innovation Award winner

Aite-Novarica Group, a global advisory firm providing mission-critical insights on technology, regulations, strategy and operations to the Financial Services industry, has recognized Bank of America and CashPro® Forecasting as a winner of the 2022 Impact Innovation Award for Product Development.

Learn how CashPro Forecasting uses machine learning to solve for the time-consuming challenges of accurately forecasting your cash flows

The Banker, Transaction Banking Awards, 2022

  • Best in Region for Latin America
  • Best in Product Globally for Supply Chain Finance (2nd consecutive year)

The Asian Banker, Transaction Finance Awards, 2022

  • Best International Transaction Bank in Asia Pacific
  • Best Treasury Management Solution - CashPro® Forecasting
  • Best Cash Management Bank in Asia Pacific
  • Best Treasury Management Solution in Asia Pacific - Bank of America and Brink's

Euromoney, Awards for Excellence, 2022

Regional Awards

  • North America's Best Bank for Transaction Services
  • Latin America's Best Bank for Transaction Services
  • Best Bank in the US

 

Global Awards

  • World's Best Bank
  • World's Best Bank for Payments and Treasury

Global Finance, The Innovator Awards, 2022

Overall

  • Global Most Innovative Financial Institution

 

By Category

  • Outstanding Innovation in Payments: Recipient Select
  • Outstanding Innovation in Treasury: Bank of America CashPro API Connectivity as a Service
  • Outstanding Innovation in Supply Chain Finance: CashPro Trade - Supply Chain Finance Digitization

FinTech Futures, Banking Tech Awards USA, 2022

Highly Commended:

  • Best Mobile Initiative: CashPro App: ACH Positive Pay

Celent Model Bank Awards, 2022

  • Celent Model Bank Award for Corporate Digital Banking for the CashPro® App

Global Finance, World's Best Treasury & Cash Management Provider Awards, 2022

  • Global Best Bank for Payments & Collections
  • Best Bank for Cash Management in North America
  • Best Bank for Cash Management in the US

Global Finance, World's Best Treasury & Cash Management Provider Awards, 2022: Systems and Services

  • Best Mobile Cash Management Software for CashPro App

Global Finance, Trade and Supply Chain Finance Awards, 2022

  • Best Trade Finance Bank in US
  • Best Supply Chain Finance Bank in North America