Bank of America processed 213 million payments for corporate clients in the first half of 2026, up 10% from a year earlier. The bank’s answer to that volume is not more headcount. It is a dashboard.
Bank of America launched Payments Insights on September 28, a new capability inside its CashPro Data Intelligence suite that gives corporate and commercial treasury teams benchmarked views of payment efficiency, cross-border flows and working-capital performance on their US accounts. The tool uses AI and proprietary peer benchmarking to let treasury staff compare their own payment patterns against industry norms through dynamic visualizations, rather than exporting raw transaction data into spreadsheets to find the same answer manually.
“Corporate treasury teams are managing enormous volumes of payments and foreign exchange data, but that data only creates value when it is organized and delivered in a way that supports action,” said Jennifer Sanctis, head of CashPro Personalized Technologies in Global Payments Solutions at Bank of America. Laura Fox, director of treasury at Allegis Group and a member of the US CashPro board, said the tool “helps us see patterns and trends, giving our teams greater visibility to make more informed, strategic decisions.”
The launch is a small feature on its face, but it tracks a broader shift already visible in how large banks are building settlement infrastructure: the competitive fight has moved from who can move a payment fastest to who can tell a treasurer what that payment volume actually means for their cash position. Peer benchmarking baked into a bank’s own portal, rather than sold separately by a fintech vendor, also narrows the opening that standalone payments-analytics startups have used to win corporate clients away from their primary banking relationship.
Source: PR Newswire
