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BNY Mellon’s Daniela Eder discusses the evolution of global transaction banking

In the wake of the 2008 global financial crisis, transaction banking has made a return to the spotlight thanks to a renewed appreciation of its “back to basics” mind-set and the factors that form its core pillars: stability, transparency and its role as a facilitator of “real” economic activity. In Zeitschrift für das gesamte Kreditwesen, Daniela Eder, product line manager non-USD services, Treasury Services, BNY Mellon, explains that, while these underlying principles are the same as they have always been – and show no sign of changing – the industry is far from standing still.

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