BofA sees 60% surge in QR sign-ups for CashPro platform

CashPro has surpassed 2 million users globally.

Bank of America (BofA) has reported a 60% year-on-year (YoY) surge in adoption of its QR sign-ups for its CashPro platform.

CashPro is a digital banking platform that is now used by 40,000 corporate and commercial clients of BofA globally to manage their treasury, trade, and credit operations.

It had recently surpassed 2 million users.

Through the QR code, users no longer need to remember their password; instead, they only need to scan the QR code that appears on the computer screen then sign in using biometrics.

Users can also use the app to access a mobile token.