BNY has been named one of America’s Most Innovative Companies™ for the third time since the award’s inaugural year in 2023. The firm ranks among the 300 companies across 20 industries leading in innovation, based on accomplishments including innovation in products, processes and culture.
“Innovation is at the core of what we do at BNY, and this recognition speaks to our dedicated colleagues who continue to advance our history of innovation at scale as we deliver new solutions to clients,” said Jayee Koffey, BNY Chief Enablement and Global Affairs Officer. “As the first company to originate a real-time payment in the United States, as well as one of the first global banks to deploy an AI supercomputer, our commitment to innovation is deep. BNY is adopting AI-powered solutions across our platforms. We are focused on innovating by using technology, including AI, to better serve our clients.”
Fortune ranked companies against three dimensions of innovation:
- Product innovation: Innovation in new products or services and the improvement of existing products and services
- Process innovation: The development and use of new and innovative technologies and production processes, as well as the innovative use of digitization
- Innovation culture: This primarily includes the introduction of a corporate culture that promotes creativity and entrepreneurial spirit
For the full list of World’s Most Innovative Companies™ and survey methodology, please visit fortune.com.
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