An innovative pay-by-bank solution to improve the customer value chain.
Frictionless API-powered account linking and data retrieval. Help strengthen your fraud mitigation efforts by authenticating accounts and validating ownership in real-time.
A secure and convenient way for your customers to pay you via our trusted ACH services for a lower cost alternative solution to card payments.
Sole provider of innovative open banking payments solution in the U.S. with optional guarantee services designed to reduce settlement risk by protecting you against ACH returns due to insufficient funds and administrative errors.
Systemic two-factor authentication boosts account linking and data-retrieval accuracy. API connections feature bank-grade data.
Avoid costly card payments via lower-cost ACH transaction processing that allows for Same Day settlement, a more cost-effective payment option than others currently available in the market.
Frictionless user interface that encourages fast and easy sign ups with no bank account or routing numbers needed can help lower abandonment rates.
Reducing friction in your customers’ payment process without compromising your efforts to maintain their payment data integrity is key. Through an API-enabled user interface, BNY’s Bankify solutions immediately authenticate accounts and bank-sourced data with end-user permission.
With perspectives that go beyond common knowledge, our deeper level of market insight can help equip you for what lies ahead—whether it's facilitating faster, frictionless payments, offering intelligent cash management solutions, forward-minded FX, or simplifying cross-border transactions and global trade finance solutions.
Sumner Francisco, head of BankifySM for BNY Treasury Services, explores the growing trend towards open banking, and how the technology promises to modernize the consumer pay-by-bank journey and redefine how businesses get paid.