Browsing: BNY

Key insights: BNY and Standard Chartered are both predicting digital assets will play a major role in payments and finance in the short term. What’s at stake:…

Key insight: The new BNY fund is not a tokenized product; it’s a traditional money market fund designed specifically to hold the cash and Treasury reserves…

Key Insight: Distributed ledger blockchains can help banks like BNY process transactions in real-time.What’s At Stake: BNY processes trillions of dollars of payments and transactions every…

Key Insight: Fifth Third’s appointment by the Treasury Department reverses its prior selection of BNY and signals a push to modernize Direct Express.Supporting Data: The program…

The $439 billion-asset Bank of New York Mellon plans to offer free technical training to 1,000 community bank executives as part of a wider effort aimed…

A screen displays the the company logo for Goldman Sachs on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May…

As artificial intelligence sweeps through the financial services industry, startups are preparing to help banks with mitigating the potential risks of applying AI to their workflows.Five…

Bank of New York Mellon enjoyed a record quarter at the start of 2025 but remained watchful as the tumult over President Donald Trump’s trade policies…

Bess Adler/Bloomberg News A day after The Clearing House raised the transaction size limit on its real-time payments network from $1 million to $10 million, The…

The Treasury Department has named Bank of New York Mellon to take over the lucrative contract previously held by Comerica Bank to operate the Direct Express…