Full Name
Tom Durkin
Job Title
Managing Director, Global Product Head of CashPro, Global Payments Solutions
Company
Bank of America
Speaker Bio
Tom leads the product management team for CashPro®, an award-winning banking platform that provides digital capabilities in transaction banking across payments, liquidity, foreign exchange, and trade and supply chain finance. The platform has enhanced data & servicing capabilities with an increased focus on client personalization. Available through multiple channels such as mobile app, API, connectivity and online, CashPro supports 40,000 clients and approximately 550,000 users around the world and regularly sets new records in terms of value and volumes of payments processed.
Durkin chairs the CashPro client advisory boards that were created to represent all client segments that use the platform including financial institutions, multinationals, commercial and small to medium sized enterprises.
Under Durkin’s leadership, CashPro has received several points of recognition:
• The World’s Best Bank for Trade Finance 2024 – CashPro Supply Chain Solutions, Euromoney Magazine
• Celent Model Bank Award for Reimagining Trade and Supply Chain Finance 2024 – CashPro Supply Chain Solutions, Celent
• Coalition Greenwich Digital Transformation Benchmarking Study 2023
- No. 1 score in this annual study for its leadership in Digital Channels, for the second consecutive year
- Within the Digital Channels category, No. 1 scores for its Mobile capabilities and Online Portal (tied), each for the second consecutive year and No. 1 score for API Access & Connectivity
• Best Mobile Technology Solution for Treasury 2022 – CashPro QR Sign-In, Treasury Management International
• Impact Innovation Award for Product Development 2022 – CashPro Forecasting, Aite-Novarica Group
• Celent Model Bank 2022 Award for Corporate Digital Banking, Celent
• Best Mobile Cash Management Software 2022 – CashPro App, Global Finance
Durkin is an active member of the SWIFT community and is the bank’s representative on the SWIFT Corporate Advisory Group. He is a regular contributor at industry forums such as Sibos, AFP and EuroFinance, speaking on topics such as open banking, cybersecurity, digital technology trends, global payments standards and ISO XML.
Prior to joining Bank of America in 2007, Durkin worked at ABN AMRO North America for 16 years in a variety of roles within transaction banking including product management, client advisory, solution management and global implementation. Durkin has been a Certified Treasury Professional since 2000.
Durkin chairs the CashPro client advisory boards that were created to represent all client segments that use the platform including financial institutions, multinationals, commercial and small to medium sized enterprises.
Under Durkin’s leadership, CashPro has received several points of recognition:
• The World’s Best Bank for Trade Finance 2024 – CashPro Supply Chain Solutions, Euromoney Magazine
• Celent Model Bank Award for Reimagining Trade and Supply Chain Finance 2024 – CashPro Supply Chain Solutions, Celent
• Coalition Greenwich Digital Transformation Benchmarking Study 2023
- No. 1 score in this annual study for its leadership in Digital Channels, for the second consecutive year
- Within the Digital Channels category, No. 1 scores for its Mobile capabilities and Online Portal (tied), each for the second consecutive year and No. 1 score for API Access & Connectivity
• Best Mobile Technology Solution for Treasury 2022 – CashPro QR Sign-In, Treasury Management International
• Impact Innovation Award for Product Development 2022 – CashPro Forecasting, Aite-Novarica Group
• Celent Model Bank 2022 Award for Corporate Digital Banking, Celent
• Best Mobile Cash Management Software 2022 – CashPro App, Global Finance
Durkin is an active member of the SWIFT community and is the bank’s representative on the SWIFT Corporate Advisory Group. He is a regular contributor at industry forums such as Sibos, AFP and EuroFinance, speaking on topics such as open banking, cybersecurity, digital technology trends, global payments standards and ISO XML.
Prior to joining Bank of America in 2007, Durkin worked at ABN AMRO North America for 16 years in a variety of roles within transaction banking including product management, client advisory, solution management and global implementation. Durkin has been a Certified Treasury Professional since 2000.
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