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FILTERED RESULTS
Amsted Industries explores sale of Baltimore Aircoil on data center demand - Bloomberg
FedEx, Advent-led consortium secures over 89% of InPost shares in takeover offer
Westinghouse Aims for Over $50 Billion Valuation in Upcoming IPO
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Europe Oil Supply Pressure Mounts After Attack Cuts Saudi Sales
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Trump to Sign Russia Sanctions Bill Today
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Specialty Insurer Orion180 Falls 4.8% After $240 Million IPO
Canada's Industry Minister Demands Stellantis Reopen Ontario Plant or Repay Funds
Major US airlines oppose Air China bid to schedule additional US flights
Musk bets AI will double US economic growth next year
Wall St mixed as benchmark Treasury yields reach 5%, oil takes a pause
Dollar Surges to Best Week Since June on Higher Rate Outlook
Troubled Australian developer Bathla granted one-year extension to complete projects
AirAsia's Fernandes says carrier can withstand jet fuel cost spike
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GXO Logistics options sweep points to asymmetric bullish bet through January 2027
US Military Faces Near Miss from AI-Generated Intelligence Error
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Germany Gets First US Fighter Jet Amid Worry Over Dependency
CENTCOM Forces Direct 105 Commercial Ships for Compliance Checks
Berkshire Hathaway looks to keep culture intact as Howard Buffett ascends
Wendy’s shares slip after US franchisee files for bankruptcy
Immigrants using food stamps or Medicaid can now be denied green cards
Explosion Reported Near Strait of Hormuz
New York Times options flow points to institutional calendar roll with hedged upside
Lam Research and MicroStrategy among market cap stock movers on Friday
60 Million Barrels of Oil Believed to Be from Iran Trapped on Sanctioned Ships
Ant International Unveils 100 Products to Drive Agentic Financial Operations
The Highest-Returning Stock of the Last 45 Years Is Home Depot
Bank of Japan Conducts FX Rate Check Amid Market Speculation
Westinghouse said to seek over $50 billion valuation in planned IPO
Caviar and champagne: Air France’s luxury shift helps ride out Iran war impact
Fed’s Bowman Challenges Social Media Story Behind SVB Collapse
SpaceX Secures $950 Million Contract Extension from NASA for Crewed Flights to ISS
Stellantis, Union Urged to Resume Talks by Canada’s Joly
S.E.C. Seeks to End Shareholder Proposals Process Commonly Used by Activists
Keir Starmer looked at softening £100,000 ‘tax trap’ for higher earners
U.S. Lawmaker Calls for Stricter AI Chip Export Controls to China
Amazon Rolls Out AI Agents That Interview Job Applicants 24/7
Euronext wheat drops as traders weigh Black Sea export disruption
European diesel margins dip but stay near record highs
Westinghouse said to seek over $50B valuation in U.S. IPO - Bloomberg
U.S. stocks slip at end of eventful week marked by Fed rate hike, AI safety uproar
Explainer-Why France’s budget problems have driven its bond risk premium to 2012 highs
Grok releases Voice Transcribe 2.0 with improved accuracy
A Converse sneaker ad provokes horror and backlash
Weil, Gotshal & Manges eyes merger options after rainmakers exit, Bloomberg News reports
Orion180 Insurance valued at $1.14 billion as shares fall in debut
AI error nearly sparked US-China military collision in Middle East - CNN
Federal Reserve Official Highlights Economic Growth and AI Investment Challenges
Copper Notches 11th Weekly Gain in Twelve on Chinese Buying
Earnings, Not the Fed, Are Driving Stocks: UBS's Lovell
Citigroup CEO Expected to Attend State Dinner for Chinese President
Volkswagen crisis worsens with profit warning over Porsche-led $11.5 billion hit
Dutch Telecom Builds an AI System for Millions of Customer Calls
PizzaExpress cooks up sale at up to £500mn valuation
Gavin Newsom advances AI ‘kill switch’ in response to safety fears
JPMorgan CEO Jamie Dimon to Attend State Dinner for Chinese President Xi
Odd Lots: How Beer Distributors and Other “Little Guys” Got Rich
SpaceX to fly more NASA crews to space station under expanded $5.92 billion deal
European Companies Shift Treasury to Mobile With Bank of America CashPro
Bank of America’s digital platform for treasury tasks, CashPro App, was used by European companies to approve more than €100 billion (about $115 billion) in payments in the first seven months of the year, the bank said in a Thursday (Sept. 17) press release emailed to PYMNTS.
During that period, European companies’ transaction volume rose 25% and payment value increased 21%, according to the release.
Bank of America attributed this growth to European companies turning to CashPro App to manage time-sensitive treasury tasks and mobile access becoming embedded in corporate treasury workflows.
Seventy-four percent of European CashPro users now choose a CashPro mobile token to authenticate and access the platform, per the release.
“Mobile is an integral part of the daily treasury workflow, giving clients the flexibility to manage critical tasks securely wherever they are,” Matthew Davies, head of Global Payments Solutions EMEA at Bank of America, said in the release.
Heath Bergman, CashPro App product executive at Bank of America, said in the release that client feedback is informing updates the bank makes to the platform.
“Clients around the globe have embraced mobile and continue to ask us to expand what they can accomplish through the app,” Bergman said.
CashPro is used by more than 35,000 companies around the world, according to the release.
Bank of America announced in December that over the previous 12 months, its CashPro Forecasting solution helped more than 3,000 companies save upwards of 250,000 hours. This tool is accessed from CashPro and automates what is typically a highly manual effort, the bank said at the time.
In October, Bank of America reported record adoption of its CashPro Chat and transaction search capabilities as corporate clients sought real-time insights and operational efficiency in treasury management. The bank said that usage had risen 21% year over year and that almost 70% of its corporate clients were employing the tool to access account information for transaction tracking and service resolution.
Tom Durkin, global product head of CashPro in Global Payments Solutions at Bank of America, told PYMNTS in August 2025 that the platform was undergoing a transformation fueled by artificial intelligence, real-time data and digital capabilities.
“Clients … are looking for more productivity and efficiency out of tools that help them manage cash, payments and receivables,” Durkin said.
Source: PYMNTS.com