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BNY Mellon’s Ross Jones talks STP optimisation in GTNews

RossJonesTechnological advances and emerging market growth have stimulated client demand for faster and more efficient payments. Writing for GTNews, Ross Jones, Product Line Manager, Global Payments, Treasury Services EMEA, BNY Mellon, discusses how straight-through processing (STP) plays a crucial role in decreasing transaction times and facilitating the global payments market at a time of rapid expansion. Jones suggests that through investment and collaboration with clients, banks have the ability to optimise STP capabilities, resolve discrepancies and substantially reduce payment delays – with even 100% STP rates attainable.

The full article can be read here.

 

 

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