BofA's CashPro App facilitates more than €100 billion in payments approved European companies
Article excerpt
European clients increasingly rely on mobile treasury tools, with payment volumes rising 25% in the first seven months of 2026 LONDON and BARCELONA, Spain, Sept. 17, 2026 /PRNewswire/ -- European companies are increasingly turning to Bank of America's CashPro App to manage time-sensitive treasury tasks. In the first seven months of 2026, clients in the region used the app to approve more than €100 billion in payments, as transaction volume rose 25% and payment value increased 21%[1]. The shift reflects how mobile access is becoming embedded in corporate treasury workflows, particularly for secure authentication and payment approvals. Bank of America has continued to expand the app's functionality and simplify its design so treasury teams can complete more tasks securely from a mobile device. Mobile becomes the preferred way to access CashPro CashPro mobile token, Bank of America's mobile authentication solution, replaces the need for a physical token. Together with biometrics, QR Sign-In and push authentication, it enables corporate treasury users to access CashPro and approve transactions securely from their mobile devices. Across Europe, 74% of CashPro users now choose a CashPro mobile token as their preferred way to authenticate and access the platform, underscoring the growing role of the app in day-to-day treasury management. "Mobile is an integral part of the daily...
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As clients conduct more business through the app, Bank of America recently enhanced the payment approval experience to provide greater visibility into payment details and make approvals more efficient.
