Bank Of New York Mellon news and trends

BNY Reportedly Pitched Merger to Northern Trust
Acquisitions // June 22, 2025

Bank of New York Mellon (BNY) has reportedly approached Northern Trust about a merger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Report: OCC Hack Prompts Information Sharing Limits From Big Banks
Bank Regulation // April 14, 2025

A Bloomberg report released late Monday (April 14) says that JPMorgan Chase and Bank of New York Mellon have scaled back electronic information sharing with the Office of the Comptroller of the Currency (OCC) following a significant breach of the regulator’s email system. Get the...

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

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 prepaid debit card to receive monthly federal benefits. Get the Full Story Complete the form to unlock this article and...

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

Back in 2019 — a lifetime ago, before the pandemic uprooted everything — PYMNTS published a report titled “The Trade Credit Dilemma,” spotlighting the $3.1 trillion U.S. firms were owed on any given day. Get the Full Story Complete the form to unlock this article...

Quick Reads
BNY Explores Blockchain Payments Using Tokenized Deposits

October 07, 2025
Bank of New York Mellon is reportedly exploring tokenized deposits as a way to enable its clients to make payments using blockchain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By […]

BNY Reportedly Pitched Merger to Northern Trust

June 22, 2025
Bank of New York Mellon (BNY) has reportedly approached Northern Trust about a merger. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Report: OCC Hack Prompts Information Sharing Limits From Big Banks

April 14, 2025
A Bloomberg report released late Monday (April 14) says that JPMorgan Chase and Bank of New York Mellon have scaled back electronic information sharing with the Office of the Comptroller...

US Treasury Selects BNY as Financial Agent for Direct Express Program

November 21, 2024
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 prepaid debit card to receive...