Every day, thousands of financial responsible for companies around the world access their accounts through Cashpro, the Bank of America digital banks, using authentication technology through QR codes. Since this functionality was implemented in 2022, its use has grown in a sustained way, recently reaching the two million accesses and registering a 60 % increase in the last year.
Cashpro, used by more than 40,000 commercial and corporate clients at the global level, allows to manage treasury, trade and credit operations, as well as make self -service requests. Authentication with QR code represents a safer and more comfortable alternative to traditional login methods, eliminating the need to remember passwords or carry physical tokens.
“Almost all business customers use Cashpro as the entrance door to consult and manage their Bank of America accounts. The login with QR makes the access point even safer and even more improve the customer experience,” says Jennifer Sanctis, director of the Cashpro application and personalized technologies in the bank’s global payments.
Europe leads for adoption
One of the most striking data is that Cashpro European customers use this functionality more than double frequency than their counterparts in other regions. Karen Davis, director of Treasury and Commercial Financing for Petroleum and Gas in Glencore, and a member of the Cashpro Board of Directors in the United Kingdom, is clear: “The login with QR facilitates access to cashpro. I would use. ”
Authentication without passwords is consolidated as standard among corporate clients, especially in Europe
Cashpro de Bank of America
Bank of America continues to expand cashpro’s capabilities with new functionalities that seek to optimize their clients’ financial processes. One of the latest additions has been Push authentication, designed to simplify payment approval and reduce unnecessary steps.
Bank of America’s innovative effort has been recognized consistently by independent organisms. In the 2024 Digital Transformation Study of Crisil Coalition Greenwich, Cashpro shared first position in general leadership in digital channels for the third consecutive year, being an absolute leader in 2022 and 2023. In addition, in the awards for innovation and excellence 2025 of Treasury Management Internationalthe platform was awarded in three key categories:
- Bank of the year for the best customer experience
- Best mobile technology solution for treasury
- Better innovation in solutions: data analysis
