Tag: fintech

Announcement of RiskFirst and STOXX launching LDI indices covered by the specialist press

RiskFirst and STOXX Ltd, the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, have announced the launch of the new iSTOXX RiskFirst LDI index family. The innovation – released on 23rd April 2018 – provides independent benchmarks for liability-driven investments (LDI), providing a new solution to …

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BNY Mellon examines the rise of real-time payments in The Paypers

Writing for The Paypers’ 2018 edition of its “B2B Fintech: Payments, Supply Chain Finance and E-Invoicing Market Guide”, BNY Mellon’s Karen Braithwaite, Head of Global Product Management, Treasury Services and Carl Slabicki, Director, Immediate Payments, Treasury Services, discuss the momentum behind the adoption of real-time payments (RTP) across the world. Sparked by client demand for …

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BNY Mellon’s Sindhu Vadakath discusses the arrival of open banking in International Banker

In a commentary article for International Banker, Sindhu Vadakath, Senior Product Manager, Global Payment Services and Asia Payments, Treasury Services, BNY Mellon, takes a look at the introduction of the Second Payment Services Directive (PSD2) and the impact it will have on the core of traditional banking. PSD2 requires banks to share their closely guarded …

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BNY Mellon discusses the revolution in payments seen across the last 20 years in GTNews

As part of a series of articles celebrating the 20th anniversary of GTNews, Daniel Verbruggen, Michael Bellacosa, Fred DiCocco and Matt Wells from BNY Mellon Treasury Services, come together to discuss the pivotal developments in the payments industry across the last two decades. Increased regulation resulting from events such as 9/11 and the 2008 global …

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PNC adoption of RiskFirst’s digital solution “PFaroe” covered by the specialist press

PNC Institutional Advisory Solutions, part of the asset management branch of the Pittsburgh-based PNC Financial Services Group, has adopted RiskFirst’s digital solution PFaroe – to help structure better solutions, improve reporting efficiency and deepen engagement with its defined benefit (DB) pension plan clients. PFaroe will allow increased interactivity with clients, provide forecasting tools to model …

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BNY Mellon’s Dominic Broom discusses how technology can be used to plug the Asian trade finance gap in Asia Outlook

Increased banking regulations and higher compliance costs have led to a culture of de-risking, where many banks have been forced to withdraw from perceived “riskier” markets – with local businesses in developing Asia being particularly affected. Indeed, Asia and the Pacific bears 40% of the US$1.5 trillion global trade finance gap, representing the difficulty that …

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BNY Mellon’s Fred DiCocco explains how bank-led collaboration is driving payments transformation in Global Banking & Finance Review

The rapid growth of fintech influence, increasingly sophisticated technological capabilities, growing client expectations, and new regulatory requirements, are fuelling the need for modernised payment systems. Undoubtedly, the payments space is experiencing a period of rapid evolution, with technology presenting opportunities for the industry to transform how transactions are processed. In a commentary article for Global …

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BNY Mellon’s Fred DiCocco explains that collaboration can optimise digitalisation for clients in Sibos Online

During Sibos, banking’s largest annual conference, BNY Mellon’s Fred DiCocco, Global Head of Cash Management Business Development, Treasury Services, tells Sibos Online that banks can deliver an enhanced payments experience to clients and harness the power of new technology through collaboration. Although fintech innovation brings immense opportunity to transform the payments space, technology alone is …

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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 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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