Tagged: fernando iraola

Bank of America Expands Virtual Account Management to Firms in the US

Bank of America‘s (NYSE: BAC) Virtual Account Management (VAM) solution is coming to companies operating in the US. The geographical expansion “follows last year’s addition of the Netherlands to the existing UK and Ireland capabilities.” Through VAM, companies can “open virtual accounts that act as sub-ledger… Read More

Frequent Payments Solution Introduced by Bank of America, Giving Consumers More Options for Getting Paid

Bank of America (NYSE: BAC) has introduced a new solution, which enables firms with frequent payments to consumers to offer their beneficiaries with the option to choose how they “want to be paid.” Called Recipient Select, the solution from Bank of America aims to address… Read More

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