Bank of America Clients' 1 Billion Digital Logins in July Mark the Highest Month Ever – Bank of America Newsroom

Bank of America Clients’ 1 Billion Digital Logins in July Mark the Highest Month Ever
During period of economic uncertainty, consumer, wealth management and business clients leverage digital platforms in record numbers
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Bank of America clients are increasingly relying on the company’s award-winning digital solutions to manage their finances. Clients logged into the company’s digital platforms nearly 1 billion times in July, the highest month ever. This follows a record 2.8 billion digital logins in the second quarter, up 11% year-over-year.  Today, the company has a record 55 million verified digital clients, up 5% year-over-year.
“No matter what the environment, we’re ensuring that our clients have efficient, reliable and easy-to-use digital solutions to navigate their finances today, and to help them plan for tomorrow,” said David Tyrie, Chief Digital Officer and Head of Global Marketing at Bank of America. “Our commitment to and ongoing investment in best-in-class financial technology, along with a culture of innovation, allows us to deliver an integrated and individualized client experience, and solutions that are timely, relevant and secure.”
Many of the digital capabilities available to mid-sized and large corporate clients are delivered through the bank’s proprietary CashPro® platform, which companies use to manage their loans, deposits, payments, receivables, trade finance and reporting:
In 2022, Bank of America has launched Virtual Account Management in the U.S., ACH Positive Pay on the CashPro App, Pay by Bank and CashPro Forecasting to further help clients manage their businesses digitally.
More information on how Bank of America clients are engaging with digital banking is available in the bank’s quarterly Trends in Digital fact sheet.
Bank of America continues to lead the industry in digital, as seen through more than 80 industry awards and accolades received so far in 2022, including:
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Matt Card, Bank of America
Phone: 202.579.6879
matthew.card@bofa.com

Andy Aldridge, Bank of America
Phone: 980.387.0514
andrew.aldridge@bofa.com

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