“Fintech-fuelled change offers unprecedented opportunities for banks”: BNY Mellon launches new fintech report

BNIS0008-FINTECH-Twitter-1024x512pix-FAW-1BNY Mellon’s paper, “Innovation in Payments: the Future is Fintech” examines the growing influence of fintech in transaction banking. It assesses the direct and indirect impact of the new technology on payments and the way in which it is moulding client behaviour and fuelling expectations for better, faster and more innovative solutions across the payments spectrum. Importantly, the report explores how venture capital investment, accelerator programmes and a proactive focus on the deployment of new technologies through allegiances with fintech companies should be priorities for banks as a multiplicity of new payment capabilities come to the fore.BNY logo

Following Moorgate’s outreach, the news was covered by bobsguide, FX-MM, FStech, TMI, Finextra, Fintech Finance and FTSE Global Markets

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