Bank of America Recognized for Digital Innovation with Top Rankings in 2024 Digital Transformation Study

16 February 2025 | Sunday | News

CashPro earns No. 1 spots in multiple categories, highlighting the bank’s commitment to enhancing client experiences through innovation, mobile accessibility, and seamless connectivity.
Picture Courtesy | Public Domain

Picture Courtesy | Public Domain

Bank of America's commitment to digital innovation that enhances client experiences has been recognized by Crisil Coalition Greenwich in its 2024 Digital Transformation Benchmarking Study in which the bank received numerous No. 1 rankings. CashPro is the company's digital banking platform accessed by more than 40,000 corporate and commercial clients around the world to manage their treasury, trade and credit operations and perform self-service requests.

The company was also named Best Bank in several Corporate Banking, Cash Management and Capital Markets categories in the 2025 Crisil Coalition Greenwich Awards.

Commenting on the Digital Transformation Benchmarking Study, Tom Durkin, Global Product Head of CashPro in Global Payments Solutions at Bank of America said, "These top rankings reflect our single-minded focus on working to deliver the best possible experience for our clients – whether that's enabling them to do more on their mobile device, enhancing connectivity through our network of TMS and ERP providers, or providing them with leading insights from their own data. We continue to innovate and strive to exceed our clients' expectations."

"We are honored to be consistently recognized as a share leader in the corporate banking space where we continue to invest in our clients through robust market leadership and holistic solutions to help our clients succeed," said Lisa Clyde, head of Global Corporate Banking and Leasing at Bank of America.

"The CashPro team's focused approach to data, insights, and reporting continues to drive an outstanding digital experience for clients. Bank of America is paving the way for innovation, especially in TMS and ERP integration, which is a critical enabler of customer service and client success," said Chris McDonnell, Head of Commercial and Digital Banking Analytics at Crisil Coalition Greenwich.

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