Bank of America

‘We’re Capable of Extraordinary Things’: Conference Shows Why Dallas Has Become a ‘North American AI Powerhouse’

by | May 6, 2025
More than 750 business leaders turned out for the Dallas Regional Chamber’s Convergence AI conference in Irving—drawn by 75 expert speakers and a firsthand look at how North Texans are shaping the future of AI, from agentic AI and data innovation to predictive maintenance and gauging ROI.
MORE
Patented: McWane’s Remote Monitoring of Water Distribution and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 9 for patent activity out of 250 metros for the week of Jan. 14 with a total of 154 patents granted.
MORE
Report: Visionary Developers Plan ‘Moonshot’ Transformation of Bank of America Plaza in Downtown Dallas
by | Sep 20, 2024
First reported by D CEO, Mike Hoque and Mike Ablon have the iconic 72-story tower and four surrounding city blocks under contract, planning a $350 million redevelopment that includes a luxury hotel, street-level enhancements, and a potential new financial district in downtown Dallas.
MORE
Patented: Netflix’s Streaming Media Techniques and More North Texas Inventive Activity
Dallas-Fort Worth ranked No. 9 for patents out of 250 metros for the week of June 4, 2024. 153 patents granted include: 7-Eleven's feedback and training for a machine learning algorithm configured to determine customer purchases during a shopping session at a physical store, Apple's enhanced RACH (random access channel) design for 5G CIoT (cellular internet of things), ATT Intellectual Property I's facilitation of voice over new radio for 5G or other next generation network, Avohdah's automated gesture identification using neural networks, Bank of America's dynamic unauthorized activity detection, and more.
MORE

The Last Word: JPMorgan’s Elaine Agather on DFW’s Growing Global Financial Impact

by | Jan 18, 2024
In a recent end-of-2023 article titled Wall Street’s Seismic Shift Propels Dallas Past Chicago, LA, Yahoo! Finance noted that "Dallas saw three of Wall Street’s largest banks start on new campuses this year, cementing their bets on one of the fastest-growing metros in one of the fastest-growing states."
MORE
Bank of America Awards $1M Grant to Fort Worth’s National Juneteenth Museum
by | Jul 25, 2023
"The National Juneteenth Museum will be a social and economic anchor in Fort Worth that will serve as a catalyst for community education and growth," Mike Pavell, Bank of America Fort Worth president, said in announcing the $1 million grant.
MORE
Grammy-Winning Rapper and Entrepreneur ‘Killer Mike’ to Speak at The DEC Network’s State of Entrepreneurship Event
by | Mar 14, 2023
The DEC Network, which marks its 10th anniversary this year, is gearing up for its 2023 State of Entrepreneurship event—the first-ever in Frisco. Dubbed 'the Super Bowl for Entrepreneurs' in North Texas, the annual gathering brings together game-changing startups and innovative business leaders.
MORE
Home Loan Servicer Mr. Cooper Appoints EVP/Chief Legal Officer
by | Feb 23, 2023

Carlos M. Pelayo has been appointed executive vice president and chief legal officer of Coppell-based Mr. Cooper Group Inc.

Pelayo will lead the company’s legal department and corporate governance functions and will serve on the executive leadership team....

MORE

Bank of America Contributes Nearly $4M to North Texas Nonprofits in 2022

by | Dec 28, 2022
Bank of America has donated nearly $4 million to North Texas nonprofits this year, including local food banks and two 2022 Bank of America Neighborhood Builder® awardees.
MORE
Bank of America Invests $900K to Support North Texas Nonprofits
by | Nov 9, 2022

Bank of America announced that it has invested nearly $900,000 to support nonprofits in North Texas that focus on community needs such as affordable housing, community revitalization, small business, and the arts.

The funds should help nonprofits already beleaguered by the COVID-19 pandemic to overcome the effects of inflation.

“Dallas nonprofits dedicate their time and energy to solve the complex societal challenges, build up our neighbors in need, and promote economic advancement,” Jennifer Chandler, Bank of America Dallas president, said in a statement....

MORE
Bank of Montreal Taps North Texas for its Newest Tech Hub
by | Jul 25, 2022
With 50,000 employees and $820 billion in assets, the Bank of Montreal plans to add 50 new employees to its 250-person DFW workforce. Placing its newest tech hub in North Texas is part of the bank's plan to make the U.S. a major focus of its business. BMO joins JPMorgan Chase, Bank of America, and PNC Bank in having a significant tech presence in the Dallas-Fort Worth region.
MORE
Follow the Money: Fort Worth Biotech Raises $16M, VC Firm Raises $25M for Debut Fund, S2 Capital Surpasses Blackstone as Region’s Most Active Multifamily Investor, and More
by | Jul 15, 2022
Plus, Dallas real estate startup Nada raises $5.7M, Arlington's Wonder Works Studios raises $5.53M, Exela Technologies in talks to sell off $200M-revenue business unit, PE firm Crossplane Capital closes $325M second fund, and more North Texas deals.
MORE

Texan by Nature CEO Says ‘The Future Is Innovation.’ Here’s Why Today Is Our Slowest Day

by | Dec 16, 2021
The nonprofit is uniting industry and conservation as we move faster and faster towards progress.

How do we radically shape the future? In November, the Laura Bush-founded Texan by Nature hosted a conservation summit to tackle the topic. CEO Joni Carswell urged an audience of innovators, collaborators, and changemakers to “Ask yourself ‘what if?’ Do something different and new and more.”

Here are takeaways.
MORE
Bank of America Invests $200K to Continue Dallas’ B.U.I.L.D. Collaborative Small Business Grant Program
by | Nov 30, 2021
Broadening Urban Investment to Leverage Dallas (B.U.I.L.D.)—launched last year by the City of Dallas, DEC@Redbird, and more than 200 Dallas County business service organizations—will continue its grant program that serves as a catalyst to Southern Dallas’ small business owners of color and women business owners.
MORE
Pam Seagle, Bank of America's manager of global women’s programs
New Bank of America Platform Helps Women-Owned Businesses Find Funding Sources
by | Oct 29, 2021
Women entrepreneurs in North Texas and across the U.S. have long faced challenges in finding funding for their businesses. Now Bank of America is stepping in to help "bridge the capital gap" with its new Access to Capital platform. The online resource educates women entrepreneurs on ways they can fund their businesses, and covers more than 350 sources of capital.
MORE
Metro Dallas Homeless Alliance Raises $10M for Historic ‘Rapid Rehousing’ Program
by | Oct 18, 2021
The private donations by local companies and foundations are for the Dallas R.E.A.L. Time Rapid Rehousing initiative. Its goal: house more than 2,700 homeless people and families over the next two years. The $10M in private funds will complement $62M in federal funds allocated by local governments and DHA, the North Texas housing authority.
MORE