Tagged: bny mellon

June 24, 2020 @ 8:21 am By JD Alois  |  

Vanguard, one of the world’s largest investment management firms with $5.9 trillion in global assets, is testing blockchain tech to improve and accelerate foreign exchange (FX) forward contracts. According to a release, Vanguard has partnered with Symbiont, Bankof New York Mellon, State Street, and Franklin… Read More

January 2, 2020 @ 9:27 am By Omar Faridi  |  

Companies might think that they have to spend more money to generate more revenue, however, many are reportedly spending a lot more than what’s required in order to keep their accounts payable (AP) departments operational. Paper checks are still the main method through which American… Read More

October 25, 2019 @ 2:14 am By Omar Faridi  |  

Laura McGortey, director of strategic partnership solutions at New York-based BNY Mellon (NYSE: BK), a multinational banking and financial services holding company, says that there is more open banking activity in the US business-to-business (B2B) payments industry, when compared to the Eurozone (on the last… Read More

May 1, 2019 @ 8:30 am By Cali Haan  |  

Bakkt COO Adam White has blogged on his company’s efforts to become the go-to Bitcoin futures trading platform and “digital asset” custodian for institutions.  According to the post, Bakkt has acquired Digital Asset Custody Company (DACC) establishing a “commitment to setting a new standard for… Read More

March 22, 2018 @ 12:00 pm By Samantha Hurst  |  

SixThirty, a global fintech venture firm based in St. Louis, announced on Thursday it has reached agreements with, BNY Mellon’s Pershing, Detalus, Enterprise Bank & Trust and World Wide Technology to join its roster of premier global financial services and technology partners. Founded in 2013, SixThirty… Read More

September 15, 2016 @ 8:00 am By Erin Hobey  |  

 Team “Utility Settlement Coin,” comprised of UBS, Clearmatics, Deutsche Bank, Santander, ICAP and BNY Mellon, has issued a brief update about its use blockchain technology to allow financial markets to complete financial transactions more quickly and smoothly.  In late August,  UBS Head of Strategic Investment & Fintech Innovation Hyder Jaffrey… Read More

August 25, 2016 @ 12:44 pm By Erin Hobey  |  

UBS and Clearmatics have  joined with BNY Mellon, Deutsche Bank, Icap and Santander to advance the Utility Settlement Coin, an asset-backed digital cash instrument implemented on distributed ledger technology, according to a statement. “Digital cash is a core component of a future financial market fabric… Read More