Bank of New York Mellon

US Treasury Selects BNY as Financial Agent for Direct Express Program
US Treasury Selects BNY as Financial Agent for Direct Express Program
November 21, 2024  |  Payment Methods

The Bank of New York Mellon (BNY) will serve as the financial agent for the Direct Express program, which provides 3.4 million Americans with a...

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Digital Upstarts Set Sights on Impacting Trade Finance
Digital Upstarts Set Sights on Impacting Trade Finance
October 22, 2024  |  Supply Chain

Back in 2019 — a lifetime ago, before the pandemic uprooted everything — PYMNTS published a report titled “The Trade Credit Dilemma,” spotlighting the $3.1...

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Russian Court Freezes $372 Million in BNY and JPMorgan Chase Assets
Russian Court Freezes $372 Million in BNY and JPMorgan Chase Assets
October 02, 2024  |  International

Reuters reported late Wednesday that a Moscow court has frozen $372 million in assets held by Bank of New York Mellon and JPMorgan Chase. The...

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BNY and CBA Launch Cross-Border Payments Partnership
BNY and CBA Launch Cross-Border Payments Partnership
August 22, 2024  |  Cross-border Payments

BNY and Commonwealth Bank of Australia (CBA) launched a cross-border payments partnership. The collaboration lets businesses and individuals who receive international payments from BNY customers get...

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BNY Mellon Rebrands as BNY
BNY Mellon Rebrands as BNY
June 11, 2024  |  Banking

Say goodbye to BNY Mellon and hello to BNY. The bank — America’s oldest — is updating its logo and taking BNY as its new name, it announced...

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BNY Mellon Leads Big Banks Into Crypto Custody
BNY Mellon Leads Big Banks Into Crypto Custody
October 11, 2022  |  Cryptocurrency

Bank of New York Mellon announced that it is offering cryptocurrency custody services for clients, bringing digital assets into the fold alongside the trillions of...

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As Bill Requiring 100% Cash Reserves for Stablecoins Debuts, USDC Picks BNY Mellon as Custodian
As Bill Requiring 100% Cash Reserves for Stablecoins Debuts, USDC Picks BNY Mellon as Custodian
April 01, 2022  |  Cryptocurrency

A bill introduced in both the House and Senate Thursday (March 31) seeks to set quality standards for the cash reserves backing many stablecoins while...

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BNY Mellon’s Robin Vince Promoted to President, CEO
BNY Mellon’s Robin Vince Promoted to President, CEO
March 10, 2022  |  Personnel

Bank of New York Mellon has said that vice chair Robin Vince will be the company’s new CEO, a Reuters report said Thursday (March 10)....

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BNY Mellon Names Thomas Gibbons CEO
BNY Mellon Names Thomas Gibbons CEO
March 30, 2020  |  Personnel

Thomas Gibbons, the interim CEO at Bank of New York Mellon (BNY), has been named permanently to the position, according to a report by Reuters....

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