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NEW YORK, Jan. 13, 2022 /PRNewswire/ — Bank of America today announced the launch of CashPro Forecasting, a tool that uses artificial intelligence (AI) and machine learning (ML) technology to more accurately predict future cash positions across clients’ accounts at Bank of America and other financial institutions. The solution was developed in collaboration with a fintech that specializes in applying machine learning to cash forecasting to help solve a top pain point for companies: how to measure future cash needs without a significant manual effort or a costly technology investment.
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