{
  "id": 7795074,
  "title": "Bank of America: Transitioning From Spreadsheets to Predictive Treasury",
  "url": "https://urgent.news/2026/09/16/bank-of-america-transitioning-from-spreadsheets-to-predictive-treasury",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-16T13:12:51.000Z",
  "source": {
    "name": "Global Finance",
    "slug": "global-finance",
    "url": "https://gfmag.com/award/winner-insights/bofa-cashpro-ai-transaction-banking-treasury/"
  },
  "original_language": "en",
  "account": "How can banks merge disparate regional instant payment systems without overburdening treasurers as the G20’s 2027 deadlines loom? Mark Monaco explains that connecting payment rails in a simple, scalable manner is the key challenge. Corporate treasurers avoid juggling multiple domestic systems, one per market. They require banking partners to handle that complexity. BofA offers cross-border, real-time payment capability, enabling clients to move high-volume, low-value flows efficiently with real-time tracking and local currency settlement. This flexibility lets clients opt for high-velocity domestic payout options while enjoying a centralized treasury approach. The goal is to expand payment options while decreasing operational hassle. BofA also contributes to industry-wide efforts and partners with market infrastructures to tackle these issues. As new frameworks emerge, BofA utilizes its global reach to advance G20 objectives and facilitate smooth cross-border money transfers.",
  "summary": "Mark Monaco, head of Global Payments Solutions at Bank of America, which won a Most Innovative Digital Bank award, explains how to build digital speed and resilience through integrated payment solutions and real-time insights. The post Bank of America: Transitioning From Spreadsheets to Predictive Treasury appeared first on Global Finance Magazine .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}