European Companies Shift Treasury to Mobile With Bank of America CashPro

Bank of America’ s digital platform for treasury tasks, CashPro App , was used by European companies to approve more than €100 billion (about $115 billion) in payments in the first seven months of the year, the bank said in a Thursday (Sept. 17) press release emailed to PYMNTS. During that period, European companies’ transaction volume rose 25% and payment value increased 21%, according to the release.