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BNY Mellon’s Leda Glyptis examines the rise of fintech activity in the payments space in Fstech

Leda Glyptis -390In a recent article for FStech, BNY Mellon’s Head of EMEA Innovation Centre, Leda Glyptis, discusses how the alignment of banks with fintech firms is transforming the world of payments. Glyptis says the introduction of new entrants in the digital payments space is kick-starting a “whole new way of thinking throughout the finance industry”, and examines the changes that are beginning to take place in corporate payments, with “the sector… poised for fintech to truly make its mark”.

Banks looking to secure their position at the “forefront of the digital age” are responding to the arrival of new players by establishing valuable alliances; two-way partnerships that see banks provide their unrivalled understanding of payment processes, while fintechs, in turn, contribute their digital know-how as unrestrained technology innovators.

To read the full article, please click here.

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