Bank of America wants AI to do treasury’s grunt work

Share

Bank of America launched Payments Insights, a new AI-powered tool integrated into its CashPro platform, enabling treasury teams to analyze payment efficiency, cross-border flows and working-capital performance. CashPro processed 213 million payments in the first half of 2026, up 10% from the previous year. The tool automatically compares a company’s performance with industry peers. Rather than restructuring teams, companies are seeking to free employees from manual work to focus on higher-value analysis. According to a Deloitte report, agentic AI is moving beyond pilots to orchestrate entire workflows, including cash flow forecasting and fraud detection.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items