Transaction Services

Awards and Accolades

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

Treasury Management International, Awards for Innovation & Excellence in Treasury, 2021

 

Winner:

  • Technology & Innovation Awards - Mobile Technology Solution

Highly Commended:

  • Technology & Innovation Awards - Solution Innovation

Highly Commended Client Awards:

  • Corporate Recognition Technology Awards - Best AI Solution - Acco Brands
  • Corporate Recognition Awards - Best Working Capital Solution - Kohler
  • Corporate Recognition Awards - Best Cash Pooling Solution - Qualcomm
  • Corporate Recognition Awards - Treasury Team of the Year - Brink's

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

The Digital Banker, Transaction Banking Innovation Awards 2021

  • Best Bank for Cash Management - Asia

Treasury Today, Adam Smith Awards, 2021

 

Overall Winners:

  • Best MME Treasury Solution - Cell Signaling Technology
  • Best Trade Solution - Cummins Technologies India Pvt Ltd
  • First-Class Relationship Management - Hologic

Highly Commended Winners:

  • Best Cash Management Solution - Brink's
  • Best ESG Solution - Avery Dennison
  • Best Liquidity Solution - Qualcomm

Euromoney, Global Awards for Excellence, 2021

  • World's Best Bank for Payments and Treasury

Euromoney, ESG Global Awards for Excellence, 2021

  • Best Bank for Corporate Responsibility

The Banker, Transaction Banking Awards, 2021

  • Transaction Bank of the Year for North America
  • Transaction Bank of the Year for Supply Chain Finance

The Asian Banker, Transaction Finance Awards, 2021

  • Best International Cash Management Bank in Asia Pacific
  • Best International FX Bank in Asia Pacific
  • Best USD Clearing Bank in Asia Pacific

Euromoney, Awards for Excellence, 2021

  • North America's Best Bank for Transaction Services

Treasury Today, Adam Smith Awards, 2021

 

Overall Winners:

  • Rising Star - Angela Brown, Continental Tire of the Americas
  • Best Working Capital Management - RHI Magnesita

Highly Commended Winners:

  • Best in Class Treasury Solution in the Americas - Baker Hughes Company
  • Best New Technology Solution - ACCO Brands Corporation

Global Finance, The Innovators, 2021

  • Outstanding Financial Innovator - Bank of America

Global Trade Review, Leaders in Trade and Best Trade Deals, 2021

  • Leader in Trade for Sustainability
  • Best Supply Chain Finance Deal - Enel Green Power Mexico

Euromoney, Trade Survey, 2021

  • Best Service - Support and Advisory, North America

Global Finance, Treasury & Cash Management Awards, 2021

  • Best Overall Bank for Cash Management, North America
  • Best Bank in Cash Management
  • Best Bank in Payments & Collections
  • Best Mobile Cash Management Software - CashPro

Global Finance, Trade and Supply Chain Finance Awards, 2021

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