BNY Mellon’s Global Payments Infrastructure
BNY Mellon’s Global Payments Infrastructure
This article discusses BNY Mellon’s influence and impact as an integrated global payment infrastructure. Since BNY Mellon’s beginnings in January 2014 with its first payment offerings, BNY Mellon’s London branch has significantly expanded the number of global currencies it can provide and process through a single system, with the total predicted to exceed 120 currencies over time. The new infrastructure operates as a single platform fit to process payments regardless of their value, initiation method, settlement mechanisms or location.