1. 1 1 Innovation in Banking John E. Scully Managing Director, Digital Channels Executive April 2016

2. 2 Today’s Presenter John E. Scully Managing Director, Digital Channels Executive 20 years in Banking 2 Patents Granted 7 Patents Pending 19 Marathons Run

3. Why Banks Innovate

4. 4 Top 10 Patents Issued in 2015* Astrium’s Satellite for Retransmitting Sunlight to Earth for Growing Crops Amazon’s On-Demand 3D Printing System for Quick Response to Internet Sales Google’s Emergency Medical Response Drone #5 Intel’s Autonomous Driving Tech Highlights This Year’s Self-Driving Tech Trend Bank of America’s Mobile Banking Platform Underscores Digital wallet Trends *IPWarchdog #1#2#3#4#5

5. How Banks Innovate

6. 6 What do clients want? Why do they want it? How can we give it to them better than anyone else? Listen and Challenge

7. 7 A simple example

8. 8 A simple Example

9. 9

10. 10 A simple Example

11. 11 Matching transactions to general ledger accounts Ability to have a global view into all bank accounts with Bank of America and other banks Making a bad decision because of a re-keying or formula errors Reconciling transactions Spending four to 20+ hours monthly entering data into various cash positioning and reporting spreadsheets Cash positioning/ cash flow forecasting Re-keying data into Excel Spending too much time gathering data Looking through reports to verify transactions Client challenges A more complex one…

12. 12 A More Complex One

13. What lies ahead?

14. 14 Virtual Reality Banking Blockchain App Deep Linking Digital Wallet Mobile Life Voice is Back! Predictions, prognostications, and the future

15. 15 QUESTIONS?