Every day, thousands of CFOs and treasurers are utilizing QR code technology to access CashPro, Bank of America’s digital banking platform. This platform is used by over 40,000 corporate and commercial clients globally for managing treasury, trade, and credit operations along with self-service requests. Introduced in 2022, the identity and authentication technology has now exceeded two million uses, experiencing a 60% growth in adoption over the past year.
Jennifer Sanctis, head of CashPro App and Personalized Technologies in Global Payments Solutions at Bank of America, stated: “Nearly every business client uses CashPro as the front door through which they view and take action on their Bank of America accounts.” She added that “QR Sign-In makes that entry point even more secure and further enhances the client experience.”
The QR sign-in feature addresses two main challenges linked with traditional login methods.
