How is the US payments landscape changing? BNY Mellon’s Carl Slabicki explores in a video interview with FinTech Finance

For some years, the payments landscape has been experiencing a shift from paper to digital solutions, with developments, including new real-time payments systems, the emergence of innovative overlay services, and the modernization of legacy rails, coalescing to meet evolving client needs.

Speaking on Fintech Finance’s Virtual Arena, Carl Slabicki, Head of Strategic Payment Solutions, BNY Mellon Treasury Services, explains how the Covid-19 pandemic has acted as a catalyst to drive forward this digital transformation. “As more and more businesses made the move to a remote working environment, BNY Mellon has had to adapt to better support their clients with accessing data, to afford capabilities from remote settings, and to provide increased assurances” says Slabicki.

To watch the full interview, please click here.

ICC Banking Commission’s Olivier Paul explains the growing interest in supply chain finance in Documentary Credit World

In an article for Documentary Credit World, Olivier Paul, ICC Banking Commission Head of Policy, explains that banks are increasingly embracing supply chain finance solutions and digitalisation of the trade finance sector.

Expanding on findings from the ICC’s 10th Global Survey on Trade Finance, Paul says that the overall outlook for trade finance generally, and supply chain finance specifically, is one of growth and optimism, despite regulatory and compliance concerns.

The full article can be read in the June edition of Documentary Credit World, pages 22-24.

ICC Banking Commission’s Olivier Paul discusses supply chain finance and digitalisation in Treasury Management International

In an article for Treasury Management International, ICC Banking Commission’s Head of Policy Olivier Paul expands on results from the ICC’s 10th Global Survey on Trade Finance.

Findings from the survey, which gathered responses from over 250 banks in 91 countries, revealed that while traditional trade finance provision is on the up, there is now a corresponding growth in SCF. What’s more, most banks are taking steps towards embracing digitalisation, with over 60% of respondents indicating they have implemented or are in the process of implementing technology solutions as part of their trade finance processes.

The full article can be read here.

BNY Mellon’s Anthony Brady talks to EMEA Finance on digitalising payments and optimising opportunities

Technology is creating a plethora of opportunities to enhance payments. And with client expectations for new capabilities growing – spurred by the abundance of high-tech gadgets in the wider market – banks must ensure they adapt and cater to expanding digital demands.

In a commentary article for EMEA Finance, Anthony Brady, Head of Global Product Management, Treasury Services, BNY Mellon, discusses some of the changes taking place, and how it is through industry collaboration that banks can truly leverage the benefits of technology, and deliver new, value-added capabilities to clients.

The full article can be read here (subscription is required).

Delivering a Digital Future: conclusions from BNY Mellon’s latest roundtable are published in Treasury Management International

The finance industry is undergoing significant change, with technology creating opportunities to transform the payments space. Following a BNY Mellon-hosted roundtable in Frankfurt, TMI writes on how banking experts from Europe’s largest economy are adapting to an increasingly digital landscape, and how collaboration is crucial if banks are to meet the evolving client needs

Conclusions from the roundtable can be read here.

BNY Mellon’s Fred DiCocco explains that collaboration can optimise digitalisation for clients in Sibos Online

During Sibos, banking’s largest annual conference, BNY Mellon’s Fred DiCocco, Global Head of Cash Management Business Development, Treasury Services, tells Sibos Online that banks can deliver an enhanced payments experience to clients and harness the power of new technology through collaboration.

Although fintech innovation brings immense opportunity to transform the payments space, technology alone is not enough to address global payment needs. This is why continued bank-fintech and cross-industry collaboration will be fundamental to framing the next payments era.

The full article can be read here.

BNY Mellon’s Bana Akkad Azhari discusses the Middle East’s transition to a digital future in TXF

In a commentary article for TXF, Bana Akkad Azhari, Head of Relationship Management CIS & MEA, BNY Mellon, explains that fintech is transforming the financial landscape in the Middle East, increasing the potential to significantly enhance existing payments processes and deliver new technological solutions that promote efficiency, transparency, and accessibility.

However, continued bank-fintech collaboration and partnerships will be key to harnessing new innovative opportunities still unfolding in the region.

The full article can be read here.