BofA launches cross-border real-time payments via Swift/CashPro for corporates

Bank of America launched a new product on June 5, 2026.

Primary

Bank of America

Date

June 5, 2026

Sub-sector

B2B Payments

Large incumbent capability deployment in cross-border B2B payments; relevant context for fintech builders in this space but BofA's scale means limited direct competitive threat to sub-$250M fintechs focused on niche verticals or underserved segments.

Primary company

Bank of America

Counterparty

Not disclosed

Amount

Not disclosed

Event date

June 5, 2026

Sub-sector

B2B Payments

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

Finextra

Source: finextra.com