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Boston Medical Center Selects Bank of America to Assist with Payments Transformation
Date:6/3/2009

Comprehensive Payables suite includes the ePayables and PayMode(R) solutions. ePayables is a payment option that can integrate card payments seamlessly into a user's accounts payable process and converts checks to efficient card payments. With one of the few fully integrated "many-to-many" vendor networks, PayMode, a digital online payment system, can enable users to send and receive electronic payments in a preferred digital format, including ACH and wire, with unlimited digital remittance capabilities for disbursement and collections. PayMode also transfers funds, using robust security features like digital signatures with 1024-bit encryption, client access controls, user-specified transaction limits and multi-party authentication ensuring each payment is authorized.

Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 55 million consumer and small business relationships with more than 6,100 retail banking offices, more than 18,500 ATMs and award-winning online banking with nearly 30 million active users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries. Bank of America Corporation stock (NYSE: '/>"/>

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