BNY Mellon Debuts Online Solutions For FIs

By PYMNTS | March 18, 2013

BNY Mellon, a global leader in investment services, have publicized that their Treasury Services business will present new online solutions. These creative solutions will accommodate their financial institution clients by adhering to disclosure requirements that were revised in the Consumer Financial Protection Bureau, Regulation E under section 1073 of Dodd Frank, according to Finextra. Some of the advancements will authorize disclosure of the transaction’s fees, which include FX conversion fees.

The executive vice president and global head of business strategy and market solutions for BNY Mellon’s Treasury Services group states, “This solution is a great example of how we’re leveraging our strengths in payment processing, information and reporting compliance assistance to help our clients succeed in strategically important markets.”

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