Bank of America Corp is trading 3.1% up at $54.02 after announcing a new cross-border real-time payments solution targeting gig and remittance markets, accessible via its CashPro platform and Swift rails.
- The move positions the bank to capture high-volume, low-value global payment flows through its existing digital infrastructure.
- The stock is also benefiting from a broader market rotation into value and financials as the Dow outperforms tech-heavy indices.