Tag: BNY Mellon

BNY Mellon partnership with ADB’s Trade Finance Program covered by press

In a signing ceremony that took place at Sibos, BNY Mellon became partner to the Asian Development Bank’s (ADB) Trade Finance Program (TFP). The program enables companies throughout Asia to engage in import and export activities through the provision of loans and guarantees by partner banks, such as BNY Mellon. Steve Beck, ADB’s Head of Trade Finance, …

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BNY Mellon’s Bana Akkad Azhari discusses the Middle East’s transition to a digital future in TXF

In a commentary article for TXF, Bana Akkad Azhari, Head of Relationship Management CIS & MEA, BNY Mellon, explains that fintech is transforming the financial landscape in the Middle East, increasing the potential to significantly enhance existing payments processes and deliver new technological solutions that promote efficiency, transparency, and accessibility. However, continued bank-fintech collaboration and partnerships …

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BNY Mellon’s Dominic Broom talks to The Banker on the digitalisation of trade at Sibos

During banking’s biggest week, Dominic Broom, global head of trade business development, Treasury Services, BNY Mellon talks to Joy Macknight, editor at The Banker, regarding the major challenges that global trade is facing today as well as how banks should be responding to the digitalisation of trade. The full interview can be seen here.

BNY Mellon’s Dominic Broom and Joon Kim discuss leveraging technology to fuel global trade in TFR’s sibos issue

At the end of 2016, the World Trade Organisation (WTO) predicted that, for the first time in 15 years, world trade grew slower than global GDP. Much of this slowdown is due to Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements that have made financing trade costlier and more complex, inhibiting expansion. In a commentary article for …

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BNY Mellon’s Daniel Verbruggen joins the debate on the future of transaction banking in FX-MM

From managing the demands of regulatory compliance, to navigating the opportunities and threats presented by financial technology, it takes a lot to thrive in the fast-changing transaction banking sector. FX-MM asks BNY Mellon’s Daniel Verbruggen, Head of Relationship Management Europe, Treasury Services, his thoughts on how blockchain and real-time payments hold the potential to forever …

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FX-MM uncovers how Polish banks are adapting to increasing regulation and new technological developments at BNY Mellon-hosted roundtable

The financial landscape continues to evolve at a rapid rate. Following a BNY Mellon-hosted roundtable, FX-MM reports how a number of Polish banks are adapting to increasing regulation, new emerging technologies, as well as a growing number of non-bank actors. Participants include Monika Aminiova, Cash Management Business Development Manager, Treasury Services EMEA, BNY Mellon, who explains that …

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BNY Mellon’s Daniel Verbruggen speaks to EMEA Finance on the value of local-global bank partnerships

A growth in regulatory requirements and in the cost of compliance, have had a massive impact on the traditional correspondent banking model, with many global banks now reconsidering their relationships with regional and local banks from a compliance, credit and operational risk perspective. However in an interview with EMEA Finance, Daniel Verbruggen, managing director, head of …

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BNY Mellon’s Dominic Broom and Joon Kim explain how digitalization can support global trade growth in Banking Technology

In a commentary article for Banking Technology, BNY Mellon Treasury Services’ Dominic Broom, global head of trade business development, and Joon Kim, head of global trade product, discuss how bank-led collaboration can drive new digital solutions that help support trade growth. Broom and Kim explain that in the current “fintech era” of digital innovation, it …

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BNY Mellon’s Dominic Broom explains how digitalisation can transform trade in GTR

In a commentary article for GTR, Dominic Broom, BNY Mellon’s Head of Trade Business Development explains that with new regulatory challenges, a widening trade finance gap and an evolving digital landscape, banks must ensure they are well positioned to support global trade opportunities and provide an optimised client experience. Broom explains that technology can play …

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BNY Mellon’s Ross Jones explains that industry collaboration is a key component to payments transformation in TMI

In a commentary article for Treasury Management International (TMI), Ross Jones, BNY Mellon’s Product Line Manager, Global Payments Treasury Services EMEA, explains that industry collaboration is a key component of the global payments transformation. Undoubtedly, fintech innovation is enabling significant advancements in the world of payments. Yet although new innovation brings significant potential to enhance …

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