Tag Archive: fintech

Specialist press covers appointment of Christopher Mager as Head of new Global Innovation Group within BNY Mellon’s Treasury Services business

BNY Mellon Treasury Services has named Christopher Mager as Head of its newly created Global Innovation Group. The group was launched to ensure the continual incorporation of new ideas and technologies into BNY Mellon’s client services, and secure BNY Mellon’s position as a global leader in financial innovation. Anthony Brady, Managing Director and Global Head …

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“Banks spearheading global payments modernisation” writes BNY Mellon’s Chris Mager in Global Banking and Finance Review

Financial technology has become a huge mobiliser of change in the transaction space. A key catalyst for the recent innovation surge has been the rise of fintech providers, whose exceptional digital know-how, affinity with the needs of millennials, and distinct lack of regulatory boundaries, made them well-positioned to create experience-changing concepts. However, writing in Global …

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ICC Banking Commission discusses the growth of digitisation of trade finance in GTNews

In a recent article for GTNews, David Bischof, Senior Policy Manager at the International Chamber of Commerce (ICC) Banking Commission, explains why trade finance must move towards digitisation in the industry. Indeed, according to ICC’s latest Global Survey on Trade Finance, there has been a slow uptake of digitisation, in part due to the size …

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BNY Mellon’s Dominic Broom features in FX-MM’s debate on “The Future of Transaction Banking”

Without doubt an enormous amount of change is occurring in the payments space. In recent years, transaction banks have been forced to grapple with new challenges such as the growth in regulatory hurdles, a surge in agile fintechs offering new technological solutions, and expanding economic uncertainty (particularly in China and the EU). In FX-MM’s special transaction …

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BNY Mellon discusses how industry collaboration is essential if a new global payments eco-system is to be realised in Sibos Online

New technological developments are creating capabilities that could reinvent the way transactions are undertaken in the corporate space. However, in an article produced for Sibos, BNY Mellon’s Anthony Brady (Global Head of Business Strategy and Market Solutions) and Christopher Mager (Head of Global Innovation) argue that while technology can provide the building blocks, it is …

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BNY Mellon’s Chris Mager discusses ‘The Power of Fintech’ in International Banker

Fintech is having a huge impact on the transaction sector, presenting new capabilities that have the potential to redefine the very culture of payments. In International Banker, Chris Mager, Head of Market Segments at BNY Mellon, discusses how fintech is not only altering payments, but transforming banks’ whole approach to innovation. Indeed, the influx of new non-bank …

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BNY Mellon features in EMEA Finance correspondent banking article

Providing services across borders can present significant challenges to transaction banks operating in the EMEA region. In EMEA Finance, Dominic Broom, Head of Treasury Services EMEA at BNY Mellon, describes the obstacles that banks face and the importance of maintaining a thorough understanding of all legal and regulatory specifications in the countries involved in order …

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“Technology and team-work” will drive transformation of the trade space says BNY Mellon’s Joon Kim and Lucille Mayer in TFR

Technology innovation is driving change across the financial industry. Indeed, while fintech innovation was initially focused on enhancing payments, attention has increasingly turned to trade finance, with a growing number of vendors developing new propositions to enhance the efficiency, security and network of trade transactions. Writing in TFR, BNY Mellon’s Joon Kim (Head of Global …

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In Banking Technology’s Sibos edition, BNY Mellon’s Anthony Brady explains the importance of collaboration for enhancing global payments

Fintech companies dedicated to the renovation of outdated payment systems using cutting-edge technology have emerged across the globe. Whilst initially banks viewed fintech with trepidation and uncertainty, increasingly banks are embracing the “fintech revolution”. In Banking Technology, BNY Mellon’s Anthony Brady (Global Head of Business Strategy and Market Solutions, Treasury Services) discusses how banks are …

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Andrew England, iGTB, tells TFR that banks are sprucing up their legacy systems

In a 60 Second Interview with the October edition of TFR, iGTB’s Head of Strategy Andrew England says he sees the trade finance and cash management landscape broadening out as banks review whether they want to build or buy trade and cash solutions going forwards. Andrew talks about the challenges facing banks, having looked at …

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