Bank of America receives awards from Celent for digital innovation

Bank of America receives awards from Celent for digital innovation

Banking & Finance
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Brian Moynihan CEO of Bank of America | Bank of America

Bank of America has been recognized by Celent for its innovative digital services, receiving accolades in two categories. The financial institution was awarded the 2025 Model Bank Award for Edge in Actionable Analytics for its CashPro platform. This digital banking tool is utilized by 40,000 companies globally to manage treasury, trade, and credit operations. Enhancements to CashPro Data Intelligence have helped corporate clients gain visibility and improve operational efficiency.

Colin Kerr, Principal Advisor at Celent, stated, “Bank of America has demonstrated a commitment to engage with its corporate client community and develop self-service, rich data and analytics tools that help all clients meet their working capital and operational goals.”

Additionally, Bank of America received the 2025 Model Wealth Manager Award for Holistic Wealth Management and Financial Wellbeing for its Private Bank’s Unified Mobile App Experience. This app allows clients to access a comprehensive suite of banking services through a single interface.

Ashley Longabaugh from Celent remarked, “Bank of America is committed to enhancing their client experience through its Unified Mobile App Experience, which serves as a strategic model for streamlining and consolidating interactions across various digital channels.”

The bank invests $13 billion annually in technology with nearly $4 billion allocated to new initiatives in 2025. These investments aim to enhance client experiences across all channels.

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