Bank of America's CashPro App has reached a milestone of $1 trillion in payment approvals by the end of 2024, highlighting the increasing digitalization of treasury management.
The app has experienced significant growth, with a more than 25% year-over-year increase in payments approved.
Clients rely on the app for routine payroll as well as high-value transactions, showcasing its versatility and reliability.
Bank of America plans to further enhance the CashPro App by focusing on security, data intelligence, and personalized experiences, aiming to stay ahead of industry trends.