09:20 AM EST, 12/10/2024 (MT Newswires) -- Bank of America ( BAC ) said Tuesday it expects corporate clients to approve over $1 trillion in payments on its CashPro App by the end of 2024, marking a 25% year-over-year increase.

The CashPro App enables about 550,000 users at 40,000 companies globally to handle payments, deposits, loans, and trade finance, the bank said.

Shares were edging 0.1% higher ahead of Tuesday's opening bell.