In a year when traditional ways of managing corporate cash flows, trade and retail payments faced their biggest challenge yet, one bank continued its relentless investment, building upon years of success. Bank of America once again wins the award for North America’s best bank for transaction services.
The bank’s global transaction services (GTS) unit facilitates $1.5 trillion of transactions per year in the region. In 2020 its CashPro app was used to approve $174 billion of payments, ahead of the $159 billion processed by Venmo, PayPal’s mobile payment service.
Thanks for your interest in Euromoney!
To unlock this article, enter your e-mail to log in or enquire about access:
