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BNY Mellon research finds corporate payments are planted in physical, digital worlds.

M2 EQUITYBITES-November 13, 2018-BNY Mellon research finds corporate payments are planted in physical, digital worlds

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BNY Mellon has announced the release of its whitepaper, The Future of Payments - A Corporate Perspective, on trends in the payment space, the company said.

The paper focuses on the needs, pain points, and priorities of corporates, their attitudes toward the wave of new technologies that have impacted payments so far, and their thinking around adoption of those technologies in the future.

In support of its insights on the current state of payments and the likely trends coming into place, BNY Mellon conducted a survey along with in-depth interviews of corporates to understand and quantify their thinking and concerns.

Co-author Carl Slabicki, Director, Product Line Manager for Immediate Payments, BNY Mellon Treasury Services said, "Corporates are moving into the new frontier, and payment providers are helping guide the way toward change. Payment technologies such as APIs, Robotics, AI, and Blockchain/Distributed Ledger are promising further efficiencies, streamlined capabilities, and cost savings that aim to speed payment operations."

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. BNY Mellon delivers informed investment management and investment services in 35 countries. As of September 30, 2018, BNY Mellon had USD 34.5 trillion in assets under custody and/or administration, and USD 1.8 trillion in assets under management.

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Publication:M2 EquityBites (EQB)
Date:Nov 13, 2018
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