Innovation in global payments, cash management and trade solutions.
BNY is sparking innovation in global payments, cash management and trade solutions by unlocking new ways to do business that enhance services for clients.
For more than 240 years, BNY has served as a connection point for global money movement and an innovator at the forefront of change. Our bank has served as a proven haven in times of turbulence and stability, built a legacy of client and industry trust that puts resiliency at the cornerstone of our business.
BNY creates value for our clients by building platforms that complement evolving economic conditions, establishing strategic alliances addressing the needs and expectations of the markets we support and enhancing and modernizing infrastructure.
BNY leverages advanced technology and a data-driven approach to offer secure, fast and customizable solutions, ensuring that clients can navigate the complexities of modern finance with agility and confidence.
The demand for instant payments has grown exponentially in recent years but business adoption has been slow to follow demand in the United States. There are mutual benefits for both consumers and businesses to adopt instant payment options: faster payments can help address a business’s cash flow issues while delivering funds at speed and more securely to their customers.
In today’s fast-paced, competitive environment, businesses are seeking resources that support strategic decision-making to enable more efficient and seamless workflow processes. Our global payments solutions help enhance the speed and convenience of transactions and are critical for supporting modern commerce demands and improving cash flow management while keeping funds safe and secure.
Playing an active role in key financial markets and strategic business hubs is crucial for operating in today’s global economy. BNY’s transaction banking solutions and global trade network offer clients the opportunity to extend global reach and facilitate payments more seamlessly across borders. With strategic trade centers and a robust correspondent bank network, clients can seamlessly do business where it matters the most.
Harnessing the power of data analytics to unlock key insights to deliver actionable intelligence is critical to help uncover opportunities for differentiation, digitalization and commercialization. Our Treasury Advisory team provides an in-depth analysis of market trends and business opportunities for our clients.
As business and consumer demands continue to accelerate, the expectations for a seamless client experience are on the rise. BNY's digital channels can provide a frictionless, personalized journey for our clients. These self-service options can eliminate the burden associated with countless administrative and high-volume tasks and enable a collaborative environment with our clients.
Efficient global cash management is vital in today’s macroeconomic landscape. Corporate treasurers want more visibility and control over their working capital and are constantly looking for new ways to enhance their liquidity. Financial institutions want to manage the day-to-day administration of operating in/outflows, typically on an inter/intra basis, both domestically and globally. BNY offers a comprehensive front-to-back cash management suite of virtual and physical account solutions to optimize cash, maintain adequate liquidity, rationalize accounts and maximize yield to help customers meet the challenges of today’s sophisticated global marketplace.
We can deploy a variety of short-term investment options using various instruments and distribution channels and provide a holistic account view with robust data analytics to enable effective decision making that ensures funds are in the right place at the right time to survive and thrive in unpredictable market conditions.
A global leader in providing access to money market funds (MMFs) for over 25 years, LiquidityDirect supports $15 trillion in annual MMF transaction flows for more than 6,000 clients across every segment and region.* LiquidityDirect has evolved beyond a digital portal to a complete, short-term investment platform, helping deliver the best investment and liquidity options through a big-picture portfolio view.
As the exchange of goods and services grows, the need for reduced risk and more efficient processes involved in trade finance continues to increase. BNY's global trade network and products help facilitate the flow of cross-border goods and services, help clients transition from traditional to more innovative forms of settlement mechanisms, and delivers more efficient working capital solutions.
SOLUTIONS STRUCTURING
We are committed to understanding and anticipating our clients' unique needs, delivering tailored strategies that help drive their success. By prioritizing client satisfaction, product innovation and operational efficiency, we set the standard for excellence in trade finance, fostering long-term, mutually beneficial relationships.
As a global bank, we provide fundamental financial services and products such as letters of credit and trade finance loans. These solutions play a central role in supporting the flow of goods and payments between buyers and sellers across borders, contributing to the stability and efficiency of global trade.
With strong and stable fundamentals, BNY can serve as strategic advisor to customers during periods of macroeconomic turbulence. Our synergistic product offering can help customers optimize their balance sheets, minimize risk and achieve desired investment objectives.
BNY plays a crucial role in providing working capital solutions to businesses, ensuring they have the funds necessary for their operations and to help sustain their activities on an international scale.
The value exchange between financial services providers, businesses and consumers is evolving. With a growing need for digital transformation, global connectivity, speed and transparency, banks and other payment providers are enabling innovation through new products and relationships that deliver interconnected solutions.
The momentum of change in payments continues to accelerate and BNY has served as a pioneer in the industry for decades. By delivering more integrated services, enhancing products and serving as a consultative advisor alongside industry participants, we are working to anticipate our clients’ needs and solve them in a more efficient and transparent manner.
As the transition from paper-to-digital inches forward across the payments landscape, the market demand for faster, safer money movement has increased. Through a single integration with BNY’s Vaia® – a digital payments platform – clients can offer their payees a variety of real-time payments and digital disbursement options to receive funds securely and efficiently via their payment method of choice.
Automation, security, digitization and payer optionality are influencing how businesses operate their accounts receivable function. Understanding and executing a comprehensive receivables strategy that takes these factors into account and optimizes corporations’ cash flow is critical. Identifying the right priorities, roadmap and ways to speed up and enhance remittances is key to this success.
BNY’s suite of receivables services support a variety of channels from online and mobile biller-direct solutions, aggregation and collection of payment from home banking options all the way through to traditional paper receivables. Our holistic view of multi-channel and multi-payment type remittances helps manage customers’ working capital and reconciliation by payer choice.
Across industries, businesses are exploring Banking-as-a-Service solutions to grow and deepen customer relationships. BNY A.M.P. provides you with the building blocks to deliver banking services to your customers under your own brand, backed by the highest standards of security and compliance.
Payment fraud is a growing market concern as the industry transitions from a traditional to a more digitized world. BNY’s fraud prevention services provide robust tools to help our clients validate account status, account ownership, identity verification and other self-service controls which help to mitigate potential fraud for a safe and efficient payment process.
Across the globe, organizations are making significant investments in combatting payments fraud to keep up with the ever-evolving threat. From the sheer growth of scams inducing account holders to authorize payments to the scaling-up of fraud techniques, including AI-powered attacks, financial institutions have their work cut out for them but are fighting back.
.jpg)
Stephanie Modar, Senior Vice President, Product Management for ACH and Validation Services, BNY, discusses key considerations when fighting payments fraud, and how the combination of regulatory and technology enhancements enables effective fraud mitigation and secure transactions.
Digital banking transformed the financial landscape, including Asia-Pacific (APAC). As banks adopt digital solutions, they face new challenges, especially as transactions process faster.
Through collaborations with best-in-class providers, we are committed to co-innovating, leveraging collective strengths and extending our mutual reach to advance a shared mission of delivering unparalleled value to our customers.
By integrating both the FedNow Service® and The Clearing House’s Real-Time Payments (RTP®) Network via a single solution, we are now providing a comprehensive offering for clients across both U.S. digital payment networks.
In collaboration with fintech Trustly, BNY launched Bankify, a new, safe and cost-effective payment method that merchants can offer their clients to pay with their bank account through a seamless experience within their online or mobile platforms.
ISO 20022 is a harmonized messaging standard that creates a common language between financial institutions across the globe to help enable faster processing and improved reconciliation of high-value and cross-border payments.
The transition promises significant impacts on financial institutions over the coming years. BNY understands the strategic implications of ISO 20022 and is helping clients navigate the terrain of cross-border payments transformation.
The global economy relies on the banking system, and its resilience is reinforced when increased access to capital and financial services extends to a broader audience, especially those in underserved communities.
BNY is here to help government treasury professionals navigate fast-paced change and evolving trends to carry out their responsibilities and further opportunities to the communities they serve.
Explore real-time payments, regulatory trends, liquidity management and the modern infrastructure needed to support them. BNY provides some insights.
Unlock the potential of digital payments as demand skyrockets. Gain insights into innovative payment strategies for business growth.
Discover how BNY is contributing to the transformation in payment investigations, reducing inefficiencies, and enhancing transparency for financial institutions.
Amid a volatile economic landscape, corporate treasurers are responding by adapting their day-to-day operations to better manage risk, maximize liquidity and leverage new technology. All this is happening alongside pressure from management for treasurers to take on a more strategic role within their organizations.
RTP is a registered service mark of The Clearing House Payments Company L.L.C.
FedNow is a registered service mark of the Federal Reserve Banks.