BNY Mellon Unveils Cash Management Solution for Treasury Services Clients
BKThe Bank of New York Mellon(BK) PYMNTS·2024-01-30 03:24

BNY Mellon has unveiled its new cash management solution, called Virtual Account-Based Solutions.This offering aims to provide clients with enhanced access and control over their cash administration activities and reporting capabilities, the bank said in a Monday (Jan. 29) press release.The Virtual Account-Based Solutions provided by BNY Mellon use virtual accounts linked to physical accounts within the bank, according to the release. These virtual accounts enable real-time reflection of incoming and outgoi ...