CashPro® Platform

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QR Sign-Ins Surge 60% on BofA's CashPro® Platform
Prnewswire· 2025-05-20 13:05
Core Insights - Bank of America enhances client experience through the CashPro platform with the introduction of QR sign-in technology, which improves security and convenience for users [1][7] - The QR sign-in feature is particularly popular among European clients, who utilize it more than twice as frequently as clients in other regions [1] - The CashPro platform is regularly updated with innovative features, including the recent launch of Push Authentication to simplify mobile token usage [4] Company Overview - Bank of America is a leading global financial institution, serving approximately 69 million consumer and small business clients in the U.S. through around 3,700 retail financial centers and 15,000 ATMs [5] - The bank is recognized for its digital banking capabilities, with approximately 59 million verified digital users [5] - Bank of America operates in over 35 countries, providing a full range of banking, investing, asset management, and risk management products and services [5] Industry Recognition - The CashPro platform has received multiple third-party accolades, including a top score for overall leadership in Digital Channels for three consecutive years from Crisil Coalition Greenwich [8] - Awards for Innovation and Excellence include recognition for Best Customer Experience and Best Mobile Technology Solution for Treasury [8]