San Francisco, September 30th / PRNewswire / -- Bank of America will host its 15th Annual Technology Innovation Summit in San Francisco on October 7th, with an expected attendance of over 500 technology companies and investors.
This summit will bring together founders, venture capital firms, as well as heads of global technology departments, technology investment banking divisions, and capital markets departments at Bank of America to discuss how emerging technologies can transform the banking industry and the broader economy.
Co-President of Bank of America, Jim DeMare, stated: "For 15 years, we have been bringing people together through Technology Innovation Summits, connecting entrepreneurs, investors, and technology leaders. This is a great event where we share ideas and build partnerships to combine the speed of the startup ecosystem with Bank of America's insights, expertise, and global influence."
Artificial intelligence is at the core of this year's agenda, as an increasing number of companies are moving from pilot phases to enterprise-level deployments and pursuing measurable results. The conference will discuss the foundation of AI in empowering businesses, the impact of AI on the workforce, customer experience and personalization, as well as in which areas future investments may be focused.
The Chief Technology and Information Officer of Bank of America, Hari Gopalkrishnan, stated: "Innovation is inseparable from business strategy and outcomes. This summit allows innovators to interact face-to-face with our technology leaders, enabling us to identify ideas that can be responsibly scaled and bring tangible benefits to our customers and employees."
Connect innovation with investment
Over the past 15 years, Bank of America has organized events attended by more than 7,000 companies and venture capital firms. Over 20% of the companies that presented at these summits have subsequently become suppliers to Bank of America. This year's participants cover innovative fields such as AI, data and analytics, enterprise infrastructure, information security, fintech, and software development.
This year's summit will also discuss the following topics:
- Which sub-sectors within the AI ecosystem will have the greatest impact on businesses?
- Opportunities for startups and other technology companies supported by venture capital to collaborate with Bank of America
- How to sell products to large financial institutions, from proof of concept, procurement to scaled implementation
Bank of America
Bank of America is one of the world's leading financial institutions, providing a comprehensive range of banking, investment, asset management, and other financial and risk management products and services to individual consumers, small and medium-sized enterprises (SMEs), and large corporations. The bank serves over 69 million customers in the United States, with approximately 3,500 retail financial centers, about 15,000 ATM (automated teller machines), and award-winning digital banking services. Around 60 million users have completed verification processes. Bank of America holds a global leadership position in wealth management, corporate and investment banking, as well as in trading across various asset classes, serving businesses, governments, institutions, and individuals around the world. As the largest lender to small and medium-sized enterprises in the United States, Bank of America provides industry-leading support to approximately 4 million small business families through a range of innovative and user-friendly online products and services. The company serves its customers through operations throughout the United States, its territories, and more than 35 countries and regions. Bank of America's stock (NYSE ticker: BAC) is listed on the New York Stock Exchange.
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Journalist contact
Matt Card, Bank of America, Phone: 1.202.579.6879, Email: [ email protected ]
John Yiannacopoulos, Bank of America, Phone: 1.917.750.0570, Email: [ email protected ]
