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 outg ...