Global Payments & Trade
Move and manage your money, securely.
Real-time, 24/7/365 payments are no longer just an innovation in payments, they are becoming the foundation for a new treasury and working capital ecosystem.
A guide to the rapidly changing landscape of the 24/7/365 payment ecosystem, including how to craft a strategy to meet demand and mitigate risk. Plus, the importance of AI for automating treasury and working capital.
In this rapidly changing environment, connectivity is everything. APIs, open banking and embedded finance are helping organizations unlock smarter, more integrated ways to move, manage and act on money. At the same time, digital assets and AI-powered automation are expanding what is possible across payments, liquidity and financial operations.
As money moves faster, there’s an opportunity to rethink how to manage liquidity, optimize working capital, strengthen resilience and deliver more seamless experiences for clients, customers and counterparties. Success will depend on how effectively firms navigate complexity, build interoperability, embed trust and scale automation across the enterprise.
This e-book features perspectives from BNY leaders and our clients and partners — Swift, The Clearing House, Ripple, Circle, Paxos, and WisdomTree — and is designed to help organizations navigate this transformation, define a clear strategy and execute with confidence.
Key Takeaways
- 24/7/365 payments are reimagining the financial ecosystem, raising expectations not only for payments but across treasury, working capital, trade finance, securities activity and risk management.
- This shift creates a significant opportunity to unlock value through stronger liquidity management, greater capital efficiency and more seamless financial experiences.
- Capturing this value requires new operating models powered by automation, interoperability and integrated risk and compliance capabilities.
- Organizations that act early and think strategically will be best positioned to lead, especially by partnering across the ecosystem and using AI, APIs and digital assets to build scalable, trusted, always-on capabilities.
To thrive, organizations should engage now, within the context of their overall strategic approach to value creation, by identifying use cases, prioritizing them and moving at speed to implementation.
By the numbers
Payments Market Potential
The move to 24/7/365 payments and the infrastructure required to maintain an always-on financial system is expected to generate unprecedented growth in the next decade and beyond.
$285.5B
added to global GDP from real-time payments by 20281
167M
new bank account holders worldwide projected by 2028 2
$3.6T
in stablecoins, tokenized deposits and digital money market funds expected by 2030 3
$19-25B
in estimated tokenized real-world asset (RWA) value4
$85.73B
forecasted banking-as-a-service market (a 4x increase) by 20325
~100
non-traditional rails offering 24/7/365 real-time payments6
Case Study
WisdomTree and BNY: Connecting Banking and Digital Assets
WisdomTree, a top exchange-traded product (ETP) provider with $155 billion under management globally, recently launched blockchain-enabled mutual funds and tokenized assets, as well as a blockchain-native digital wallet, WisdomTree Prime. WisdomTree chose BNY’s banking-as-a-service platform, BNY A.M.P., for its digital asset investment platform, demonstrating how interoperability can connect traditional banking infrastructure with emerging digital asset platforms.
1 "ACI Worldwide Study Reveals Real-Time Payments To Boost Global GDP By $285.8 Billion, Create 167 Million New Bank Account Holders By 2028," Business Wire, ACI Worldwide, October 20, 2024, https://www.businesswire.com/news/home/20241020352057/en/ACI-Worldwide-Study-Reveals-Real-Time-Payments-To-Boost-Global-GDP-By-%24285.8-Billion-Create-167-Million-New-Bank-Account-Holders-By-2028
2 "ACI Worldwide Study Reveals Real-Time Payments To Boost Global GDP By $285.8 Billion, Create 167 Million New Bank Account Holders By 2028," Business Wire, ACI Worldwide, October 20, 2024, https://www.businesswire.com/news/home/20241020352057/en/ACI-Worldwide-Study-Reveals-Real-Time-Payments-To-Boost-Global-GDP-By-%24285.8-Billion-Create-167-Million-New-Bank-Account-Holders-By-2028
3 BNY analysis, using baseline data, including traditional pools/volumes [Federal Reserve of St. Louis, SIFMA, CEIC, ISDA margin survey report (2024), CFTC cleared initial margin (Dec. 2024), NY Fed (June 2025), FXC Intelligence (Jan. 2025)], historical stablecoin and digital MMF market cap data from rwa.xyz. Some numbers may not add up exactly due to rounding.
4 "Real World Assets (RWA) Dashboard & Analytics," DefiLlama, DefiLlama, n.d., https://defillama.com/rwa; RWA.xyz | Analytics on Tokenized Real-World Assets," RWA.xyz, RWA.xyz, n.d., https://app.rwa.xyz/
5 "Banking as a Service Market to Reach USD 85.73 Billion by 2032, Owing to Rising Demand for Digital Banking Solutions and Fintech Innovation," Fintech Futures, SNS Insider, December 6, 2024, https://www.fintechfutures.com/press-releases/banking-as-a-service-market-to-reach-usd-85-73-billion-by-2032-owing-to-rising-demand-for-digital-banking-solutions-and-fintech-innovation-research-by-sns-insider
6 RWA.xyz | Analytics on Tokenized Real-World Assets," RWA.xyz, RWA.xyz, n.d., https://app.rwa.xyz/
