BofA launches payments intelligence, real-time services at Sibos

At Sibos 2026, Bank of America introduced analytics-led payments intelligence and new real-time services aimed at corporate treasuries and institutional clients. The bank said the offerings combine enriched payment data, machine learning routing and expanded API access to shorten settlement times and improve end-to-end visibility.

The payments intelligence platform analyzes transaction metadata to recommend routing, flag exceptions and automate reconciliation. It applies machine learning to routing decisions and supports API integration with enterprise resource planning and treasury systems.

New real-time features are designed to connect corporate systems directly to instant payment rails and to deliver intraday liquidity updates, push confirmations and faster foreign-exchange execution for time-sensitive flows. Executives noted the services respond to client demand for clearer tracking and reduced manual reconciliations in cross-border and domestic payments.

Additional capabilities include automated exception-handling workflows to reduce manual investigations, a configurable rules engine for routing by cost, speed or partner reliability, and expanded screening that operates in near real time. The bank highlighted tools to improve cash forecasting by sending intraday balances and payment confirmations to corporate dashboards. The platform supports message standards intended to preserve structured remittance data across chains of correspondent banks, including ISO 20022 elements.

Bank of America plans to invite selected corporate clients to pilot the tools in the coming months, with broader availability later in the year. The bank described partnerships with payment networks and fintech providers to connect to domestic instant-pay rails and to extend coverage on cross-border rails where immediate settlement is available. Integration work will focus on preserving ISO 20022 data elements and enabling straight-through processing for high-volume flows.

An executive responsible for transaction services at Bank of America described the intent: “We built these capabilities around the needs of treasury teams that require near-instant certainty on payment status and cash positions.”

Bank executives placed the announcement in the context of rising client demand for payment transparency, wider adoption of richer message formats and regulatory pressure to reduce payment friction. The bank said it will proceed with phased pilots and client onboarding rather than a full rollout timetable.