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Bank of America to Launch Cross-Border Real-Time Payments, Expanding Global Payment Choice

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Launching next quarter: Bank of America’s global cross-border real-time payments solution will enable corporate, commercial and financial institution clients to send and receive funds instantly via Swift or CashPro®.Built for high-volume, low-value flows such as person-to-person (P2P) and business-to-consumer (B2C) transactions that are expected to increase by 58% and 131%, respectively, by 2032.More speed and transparency: real-time tracking, full-principal delivery and lower costs—aligned to the G20 cross-border payment objectives.

LONDON and NEW YORK and MEXICO and SINGAPORE, June 4, 2026 /PRNewswire/ — Bank of America today announced plans to launch a cross-border real-time payments solution that will enable its corporate, commercial and financial institution clients to send and receive funds instantly through Swift or the bank’s flagship digital platform, CashPro®. The service will offer real‑time payment tracking, full-principal preservation and lower costs.

The service is expected to launch next quarter and will support high‑volume, low‑value international payments. Designed to address rising demand for faster and more transparent global payments, the new capability will support use cases such as international remittances, gig‑worker payouts, and e‑commerce marketplace vendor payments, among others. These P2P and B2C payment flows are expected to increase by 58% and 131%, respectively, by 2032.1

“Around the world, policymakers and financial institutions share a common goal: making cross‑border payments faster, more transparent, more affordable, and more accessible,” said Mark Monaco, head of Global Payments Solutions (GPS) at Bank of America. “This new capability directly supports the G20 payment objectives while giving our clients a scalable, reliable way to move money globally—without adding operational complexity.”

Solution leverages existing real-time networks
The offering will connect to several real‑time payment networks, including SPEI in Mexico, the Faster Payments Service in the United Kingdom, and Unified Payments Interface in India. Clients will also be able to receive inbound real‑time payments into the United States, where Bank of America serves approximately 70 million consumer and small-business clients. Funds will be delivered to beneficiaries in local currency, supporting improved certainty and usability.

Seamless connectivity
Corporate and financial institution clients will be able to access the service via Swift or their existing CashPro connectivity, whether through application programming interfaces (APIs) or host‑to‑host channels. This approach minimizes technical overhead while enabling rapid adoption across client segments.

Additional benefits include:

Payment tracking: Real‑time status visibility and confirmation once funds are credited.Principal preservation: No lifting fees or deductions—the full payment amount reaches the beneficiary.Reduced returns: Pre‑validation of recipient account information to help minimize failed payments.Precision timing: Payments can be initiated at any time, with funds typically delivered within seconds or minutes.

“We designed this solution with simplicity, trust, and scale in mind,” said Daniel Stanton, Payments Product Head in GPS at Bank of America. “By combining established payment rails with real‑time capabilities and seamless integration, we’re giving clients a practical new option for global payments.”

Frequently asked questions

Question: How does Bank of America’s new solution differ from traditional cross‑border payments?
Answer: Traditional cross‑border payments can involve intermediaries and longer settlement times or require costly investments into new technologies. This solution will leverage existing bank connectivity to domestic real‑time payment systems, requiring no investment in new technologies.

Question: What is the G20 cross‑border payments initiative?
Answer: The G20 cross‑border payments initiative, led by the Financial Stability Board (FSB) in collaboration with global standard‑setting bodies, was launched in 2020 to address long‑standing frictions in international payments. The initiative aims to make cross‑border payments faster, cheaper, more transparent and more inclusive, with global targets focused on improving speed, cost, access and transparency by 2027.

Question: What is CashPro?
Answer: CashPro is Bank of America’s digital banking platform for corporate and institutional clients. It provides a single point of access for payments, receivables, liquidity, foreign exchange, investments and trade services, and supports multiple connectivity options—including online, mobile, API and file‑based channels—to help clients manage global treasury operations securely and efficiently.

Question: What role does Bank of America play in global payments?
Answer: Bank of America is a global leader and innovator in payments. The bank helps companies and institutions process more than USD450 trillion in payments annually and invests approximately USD1 billion each year in payments technology.

Question: What is Swift?
Answer: Swift (Society for Worldwide Interbank Financial Telecommunication) is the world’s leading secure financial messaging service, connecting over 11,500 financial institutions and corporates across 200+ countries and territories. It enables, but does not physically move, funds for international transactions, ensuring secure, standardized communication.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million clients with approximately 3,500 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. As the #1 small business lender in the United States (FDIC), Bank of America offers industry leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Reporters may contact
Louise Hennessy, Bank of America
Phone: 1.646.858.6471
louise.hennessy@bofa.com

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SOURCE Bank of America Corporation

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TUTTOFOOD EXPANDS STRATEGIC PRESENCE ACROSS LATIN AMERICA

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Southern Europe’s leading food business platform strengthens investments and strategic partnerships across Latin America amid growing EU–Mercosur trade relations

MILAN, June 4, 2026 /PRNewswire/ — TUTTOFOOD, Southern Europe’s leading food business platform, is strengthening its strategic focus on Latin America amid growing trade relations between Mercosur and the European Union. As part of this broader international expansion strategy, Brazil has been announced as the “Country Focus” of the 2028 edition of the event, scheduled for May 8–11, 2028, in Milan.

The initiative reinforces the increasing relevance of Latin America within global agrifood supply chains and highlights the region’s growing role in international trade and food industry development.

The decision comes at a time of growing expectations surrounding the advancement of the trade agreement between Mercosur and the EU, considered one of the world’s most significant economic partnerships in terms of market size, population, and agribusiness potential. Industry projections indicate that the agreement is expected to expand trade flows, reduce tariff barriers, and strengthen global supply chains, particularly in sectors related to food, proteins, ingredients, beverages, and processed products.

Within this context, TUTTOFOOD aims to position itself as a strategic gateway for Latin American companies seeking access to European and international markets through high-value business connections and global distribution opportunities.

This objective is further supported by one of the sector’s most advanced and efficient matchmaking platforms, the “Buyers Program”, developed by TUTTOFOOD in partnership with ITA – Italian Trade Agency, and aimed at connecting international buyers with selected suppliers in strategic markets.

As part of its broader international growth strategy, TUTTOFOOD is also increasing its investments across Latin America through enhanced buyers programs, media activities, strategic partnerships, and dedicated business development initiatives aimed at strengthening the region’s integration with global food markets.

“Brazil represents a strategic entry point for TUTTOFOOD’s broader development across Latin America, one of the most dynamic agrifood regions in the world,” said Antonio Cellie, CEO of Fiere di Parma.

“As trade relations between Europe and Mercosur continue to evolve, we see growing opportunities for companies across the region to strengthen their international presence and access new markets through global business platforms such as TUTTOFOOD.”

The growing relevance of Latin America within global food supply chains is reflected in the region’s expanding agrifood exports and increasing international competitiveness. Brazil alone accounts for approximately 24% of its GDP through agribusiness activities and remains one of the world’s leading exporters of soybeans, coffee, sugar, meat, and other agricultural commodities.

Latin America continues to strengthen its position as one of the world’s key agrifood production hubs, driven by large-scale agricultural output, growing industrial capabilities, and increasing global demand for food products and ingredients.

The 2026 edition of TUTTOFOOD recorded a 30% increase in visitors, gathering 123,000 participants over four days, including 27,000 international attendees.

It also registered a strong increase in participation from Latin American operators, particularly from Brazil, which more than doubled its number of professional visitors compared to the previous edition. More than 100 buyers attended from major retail groups, importers, distributors, and food service operators across the region.

The event also featured exhibitors and institutional delegations from several Latin American countries, including Chile, Peru, Costa Rica, Ecuador, Argentina, Cuba and Brazil.

The trade show occupied 10 pavilions and 82,000 square meters of fully sold exhibition space, bringing together 5,000 brands and 4,000 international buyers. Organized by Fiere di Parma in partnership with Fiera Milano and Koelnmesse, TUTTOFOOD has been consolidating its position as one of the world’s leading business hubs for the food and beverage industry, connecting agrifood production, industry, retail, and global markets.

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DRAI Health Announces Strategic Partnership with WellTra.AI to Advance AI-Driven Healthcare Globally

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DRAI Health and WellTra.AI unite AI-powered health intelligence and contactless vital monitoring to deliver proactive, scalable, and personalized healthcare worldwide.

LOS ANGELES and DUBAI, UAE, June 4, 2026 /PRNewswire-PRWeb/ — DRAI Health, Inc., a leader in AI-powered healthcare intelligence, today announced a strategic partnership with WellTra.AI, a U.S.-based innovator in next-generation contactless vital monitoring technology with expanding operations across the Middle East. This collaboration brings together two advanced platforms to accelerate the shift toward more proactive, scalable, and data-driven healthcare worldwide.

“Together, we’re transforming real-time health data into actionable intelligence—enabling earlier intervention, more personalized care, and better health outcomes at a global scale.”

The partnership combines DRAI Health’s AI-driven healthcare ecosystem—designed to aggregate, analyze, and deliver actionable health insights—with WellTra.AI’s proprietary contactless vital intelligence platform. Together, the companies aim to enhance preventive care, enable scalable remote patient monitoring, and drive more personalized health outcomes across clinical, enterprise, and consumer environments.

By integrating real-time vital data with advanced AI analytics, the joint solution is designed to support earlier detection of health risks, improve clinical decision-making, and expand access to high-quality care. The platform will operate across hospitals, clinics, workplaces, and home care settings, helping healthcare systems become more efficient, intelligent, and responsive.

“This partnership represents an important step forward in our mission to redefine healthcare through AI and intelligent data,” said Dr. Mohan Ananda, Founder and Chairman of DRAI Health, Inc. “By combining our AI-powered ecosystem with WellTra’s innovative contactless monitoring technology, we are creating a powerful, scalable solution that enables earlier intervention, enhances patient engagement, and improves outcomes across the care continuum.”

“Contactless monitoring generates the signals. DRAI’s AI turns them into decisions. This partnership closes the gap between data and action — and that’s where lives are saved,” said Anees Abdullateef, Founder and CEO of WellTra.AI.

The collaboration reflects a shared vision to advance healthcare systems that are more proactive, accessible, and personalized—leveraging real-time health intelligence and AI-driven insights to deliver better care at scale.

This partnership also supports the growing global demand for digital health innovation and aligns with significant investments in healthcare transformation across both the United States and the Middle East.

About DRAI Health, Inc.

DRAI Health is a next-generation healthcare AI company focused on transforming how health data is captured, analyzed, and utilized. Through its integrated AI ecosystem, DRAI empowers patients, providers, and enterprises with actionable insights that drive better outcomes and more efficient care delivery. Learn more: www.draihealth.com

About WellTra.AI

WellTra.AI is a U.S.-based pioneer in contactless health intelligence, powered by clinically validated rPPG technology and an expanding suite of AI-driven capabilities including voice analysis and computer vision. With FDA-approved metrics and a growing global footprint spanning enterprise, clinical, and government healthcare systems, WellTra.AI is redefining what’s possible in remote patient monitoring and proactive care. Learn more: www.welltra.ai

Media Contact
Jay Kilberg, DRAI Health, Inc., 1 (917) 543-6285, jay.kilberg@draihealth.com, www.draihealth.com

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SOURCE DRAI Health, Inc.

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Netflix and HBO Max Dominate Streaming AI Visibility, According to 5W AI Intelligence

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New 5W research finds AI engines pick streaming services based on metadata depth and editorial authority over subscriber count — meaning Apple TV+ outscores larger services and Peacock ranks behind even niche platforms.

NEW YORK, June 4, 2026 /PRNewswire/ — Netflix, HBO Max, and Disney+ lead 5W’s inaugural Entertainment & Streaming AI Visibility Index 2026, released today. The index is the first research-grade ranking of how generative AI engines surface streaming services and entertainment platforms to consumers. The full report is available free at 5wpr.com/research/entertainment-streaming-ai-visibility-index-2026.

The most consequential finding: Apple TV+ ranks #5, ahead of Hulu (#6) and Paramount+ (#8), despite operating with a fraction of either competitor’s subscriber base. The data also shows Peacock ranks #11 — behind Apple TV+, Hulu, Paramount+, Max, and even The Criterion Channel and Mubi (#9 and #10) on certain query categories. The pattern is consistent: streaming services with depth-of-metadata content, critic-grade title pages, and structured editorial infrastructure outscore services that hide content discovery behind authentication walls.

The top ten streaming services by AI citation share, in order: Netflix, HBO Max, Disney+, Amazon Prime Video, Apple TV+, Hulu, YouTube Premium / YouTube TV, Paramount+, The Criterion Channel, and Mubi. The full top-20 ranking, with query-category breakdown across service-selection, title-recommendation, family-friendly programming, and live-sports queries, is published in the report.

The index analyzed more than 60 viewer-intent queries across “what should I watch tonight,” “best streaming service for families,” “where can I watch [specific title],” “best documentaries on streaming,” “best live sports streaming service,” and similar formulations. Queries were tested across ChatGPT, Claude, Perplexity, and Google AI Overviews.

“The streaming wars are now an answer-box war,” said Ronn Torossian, Founder and Chairman of 5W. “Viewers are no longer scrolling Netflix to decide what to watch. They are asking ChatGPT to decide which streaming service to buy and what to put on tonight. The streamers that have built robust editorial metadata, critic-grade descriptions, and structured content authority are winning the answer. The streamers that built their content discovery purely inside their own apps are invisible at the moment of decision. The viewer never opens the app because the AI never tells them to.”

The report identifies four query categories where AI behavior most diverges from market-share expectations:

Service-selection queries (“which streaming service should I subscribe to”) favor Netflix, HBO Max, and Disney+ overwhelmingly. Apple TV+ outperforms expectations on these queries because Apple’s catalogue pages contain unusually deep editorial metadata.

Title-recommendation queries (“what should I watch tonight”) favor services with critic-grade title pages and structured genre/mood metadata. The Criterion Channel and Mubi punch dramatically above their commercial weight on these queries because both operate Letterboxd-style editorial infrastructure that AI engines preferentially cite.

Family-friendly programming queries are dominated by Disney+, Netflix, and Paramount+, with Disney+ leading by a wide margin on parental-control and age-rating queries.

Live-sports streaming queries are dominated by YouTube TV, Hulu + Live TV, and ESPN+. The data reveals that traditional streamers — Netflix, HBO Max, Disney+ — barely register on live-sports queries despite each having sports-content investments, because live-sports queries operate on a different AI citation logic that prioritizes guide depth and channel-package transparency.

The report also documents a striking content-strategy implication. Streaming services that publish externally accessible, structured catalogue pages — pages an AI can scan without authentication — outscore services that gate content discovery behind login walls. Apple TV+, despite a smaller catalogue, has invested in indexable title pages with deep editorial metadata. Peacock and certain other major services keep more content behind authentication, with the result that AI engines effectively cannot see those catalogues.

For streaming operators reading the data, the strategic implication is straightforward: catalogue-depth-as-public-content is a GEO asset. Catalogue-depth-as-walled-content is invisible to AI.

The full report is available free at 5wpr.com/research/entertainment-streaming-ai-visibility-index-2026.

5W is the AI communications firm behind the AI Visibility Index Series, with a dedicated Generative Engine Optimization practice helping the world’s leading brands earn citation authority across ChatGPT, Claude, Perplexity, and Google AI Overviews. The agency is a leading PR and digital media agency.

About 5W

5W is the AI Communications Firm — building brand authority across the platforms where decisions now happen: ChatGPT, Claude, Perplexity, Gemini, and Google AI Overviews, alongside earned media, digital, and influencer channels. 5W combines public relations, digital marketing, Generative Engine Optimization (GEO), and proprietary AI visibility research to help clients measure and grow their presence in AI-driven buyer research.

Founded in 2002, 5W is recognized as a Top U.S. PR Agency by O’Dwyer’s, named Agency of the Year in the American Business Awards®, honored as a 2026 Top Place to Work in Communications by Ragan, and named to Digiday’s WorkLife Employer of the Year list. 5W serves clients across B2C sectors — Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, and Nonprofit — and B2B specialties including Corporate Communications, Reputation Management, Public Affairs, Crisis Communications, and Digital Marketing across Social, Influencer, Paid Media, GEO, and SEO.

Learn more at 5wpr.com

Media Contact
Chris Bergin
cbergin@5wpr.com

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SOURCE 5W Public Relations

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