Bank of America says its CashPro App has been used by European companies to approve more than €100 billion in payments in the first seven months of 2026. The bank reports that during that period, payment-related transaction volumes for its European clients rise by about 25%.
The reports frame the growth as evidence of increased adoption of mobile treasury tools in Europe. PR Newswire and PYMNTS both cite Bank of America’s figures from a press release, describing a shift toward using mobile platforms for treasury and payment approvals. While the outlets focus on the same underlying usage and growth metrics, their emphasis differs: PR Newswire highlights broader trends toward mainstream mobile treasury adoption and the idea that security and convenience are both important; PYMNTS centers on the payment volume figure and provides the approximate dollar conversion.
Both accounts attribute the statistics to Bank of America and present the developments as part of a wider trend in how corporate treasury tasks are handled.
