Sales League Table 2020 | Banking Technology Winners

Results Announced!

Stay up-to-date with the latest industry news and analysis.

Subscribe to BankTech Daily News today. Limited time offer.

The Black Swan Opportunity | Get your bank digital ready.

IBSI Special 5 Digital Report Package with Special Offer. Subscribe now

Core Banking Market Dynamics Report 2020

Global analysis of core banking system sales. Subscribe now

Bank of America introduces new digital tool to benefit small businesses

Sharon Miller, Managing Director, Head of small business, Bank of America

Bank of America has introduced the Business Advantage 360, a new digital dashboard designed for entrepreneurs to manage complex financial aspects of their business.

Business Advantage 360 provides a view of business cash flow and access to real-time expertise and guidance.

The new features  include – a new streamlined view of key transactions, major expenses and credits and debits, automatic cash flow projections based on scheduled transactions, manual adjustment of cash flow projections to account for additional data, setting cash flow thresholds as well as the ability to connect with experienced small business bankers for guidance in just one click.

“Business Advantage 360 will help entrepreneurs save time and money, by providing a more complete financial picture of their business,” said Sharon Miller, managing director, head of small business at Bank of America. “This new feature is easily accessible on mobile devices, and will allow our clients to focus on the reasons they opened their business in the first place.”

In addition to Business Advantage 360, Bank of America offers a streamlined small business mobile lending experience and launched Business Advantage Relationship Rewards, the most comprehensive multi-product rewards program available in the small business banking space.

The Business Advantage 360 is built directly in the mobile application of Bank of America and will be available to the consumers by the end of the month.

Bank of America is a financial institution that serves individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services.  Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services.

Related IBS Intelligence Research

Related Posts

BNY Mellon to boost real estate fund administration services for Deka Immobilien

BNY Mellon announced today that Deka Immobilien has selected the former’s services for the provision of global fund administration coordination and oversight for its Special Purpose Vehicles (SPVs). BNY Mellon is expected to coordinate accounting data from the SPVs around the world in which Deka funds invest, review the data, translate it into the required […]

This post is only available to members.

Read More »

PPRO study shows younger generations leading the UK alternative payment method adoption

A new study by PPRO has revealed that younger generations are spearheading the adoption of alternative payment methods (APMs), including bank transfers and e-wallets. The study showed that 42% of the Millennials and 35% of the Generation Z respondents have either used the above-mentioned methods of payments before or are confident using them. UK consumers […]

This post is only available to members.

Read More »