BofA enhances AI-powered tool to resolve client needs faster

July 21, 2026 9:13 AM EDT

Bank of America logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration

NEW YORK, ‌July ​21 (Reuters) - ​Bank of America said on ‌Tuesday it has enhanced ⁠its AI-powered EricaAssist ‌tool, which would ‌help more than 18,000 customer service representatives ​resolve client needs faster by ⁠delivering real-time guidance during conversations.

The new ​generative AI capabilities deliver contextual guidance in ​under three ‌seconds,, the bank said in ⁠a statement.

The move comes as major banks ⁠are ramping up how ​they incorporate digital assistants in their daily operations, determining ‌how such agents interact with ‌human colleagues and ⁠clients as ‌they ​race to get ahead.

(Reporting by Saeed ‌Azhar)



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