Thursday, November 21, 2024
Brian Moynihan CEO of Bank of America | Bank of America

Bank of America recognized globally for digital leadership in 2024

Bank of America has been recognized by several influential industry groups and global banking award organizations for its digital leadership. The company, which continues to see record growth in digital engagement among clients, recently received accolades from Euromoney, Global Finance, Celent, The Asian Banker, and others for its commitment to innovation and delivering digital experiences.

“We’re focused on making it easier and more convenient than ever for our clients to manage their full financial lives through industry-leading digital capabilities,” said David Tyrie, Chief Digital Officer and Chief Marketing Officer for Bank of America. “This recognition showcases the expertise of our team and their commitment to delivering for our clients.”

Currently, 58 million clients use Bank of America’s digital capabilities. Last year, these clients digitally connected with their finances a record 23.4 billion times, an 11% increase year-over-year.

“Our approach to technology focuses on delivering capabilities that help our clients build better financial lives – enabled by a culture that empowers our teammates to explore and develop innovative solutions at scale for our clients around the world,” added Aditya Bhasin, Chief Technology and Information Officer.

In 2024, Bank of America received numerous accolades including:

**Euromoney Awards for Excellence**

- North America's Best Digital Bank

- Western Europe's Best Digital Bank

- World’s Best Bank for Trade Finance

- North America's Best Bank for Transaction Services

**Global Finance**

- Most Innovative Bank in North America

- World’s Best Bank for Transaction Banking

- World’s Best Bank for Collections

- Western Europe’s Best Bank for Payments

**Celent Model Bank Awards**

- Customer-Centered Innovation Award

- Reimagining Trade and Supply Chain Finance Award

**The Asian Banker: Transaction Finance Awards**

- Best International Cash Management and Transaction Bank in Asia Pacific

- Best Treasury Management Initiative

- Best Cash Management Project in Asia Pacific

**Treasury Management International (TMI) Awards**

- Best Mobile Technology Solution for Treasury

**Coalition Greenwich Digital Transformation Benchmarking Study**

BofA received top scores in leadership in Digital Channels.

**The Global Private Banker**

Best Private Bank for Digital Innovation

**Private Wealth Management Wealth Tech Awards**

Best Use of Technology recognizing Merrill and Bank of America Private Bank.

Bank of America is one of the world’s leading financial institutions serving individual consumers, small businesses, middle-market businesses, and large corporations with a range of banking products. It serves approximately 69 million consumer and small business clients with approximately 3,800 retail financial centers and approximately 15,000 ATMs. The company operates across the United States as well as more than 35 countries worldwide.

For media inquiries:

North America: Andy Aldridge - +1.980.387.0514 - andrew.aldridge@bofa.com

EMEA: Megan Pearson - +44.20.7995.6977 - megan.n.pearson@bofa.com

APAC: Tiffany Chen - +852.3508.3753 - tiffany.chen@bofa.com

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