Bank of New York Mellon (BNY Mellon), the world’s largest custodial bank, is testing tokenized deposits to modernize its global payment infrastructure. The $55.8 trillion custodial bank seeks to keep ...

The Bank of New York Mellon Corp. BK is exploring tokenized deposits to accelerate its efforts to modernize its payment ...

BNY is reportedly developing tokenized deposits backed by commercial bank money to upgrade its $2.5 trillion daily payments ...

Bank of New York Mellon Corp., the world’s largest custodian bank with $55.8 trillion in assets under custody and ...

BNY’s treasury unit handles about $2.5 trillion in payments each day and oversees $55.8 trillion in assets under custody or ...

The effort aims to enable near-instant settlement and potentially reduce transaction costs, with tokenized deposits moving over a blockchain.

Custodial bank BNY (BK) is testing tokenized deposits -- blockchain-based representations of commercial bank money -- as part ...

The initiative would enable clients to make blockchain payments with digital funds BNY Mellon is reportedly piloting ...

Bank of New York Mellon Corp. (BNY) is actively piloting tokenized deposits to integrate blockchain technology into its vast ...

SYDNEY, Oct. 22, 2018 /PRNewswire/ -- BNY Mellon and Bank of the West announced agreement today where BNY Mellon is providing Bank of the West extended capabilities to help deliver faster payments ...

Real-time payments are gradually gaining traction in the U.S, though adoption in America still trails countries such as Brazil and India. Making real-time payments more accessible to American users is ...

BNY Mellon Pershing has appointed Colin Murphy as chief commercial officer for its EMEA business. Based in London, he reports to EMEA CEO Cécile Nagel. Murphy will be responsible for the company’s ...