PYMNTS-MonitorEdge-May-2024

BNY Mellon

BNY Mellon’s AI-Based Fraud Detection Initiative
BNY Mellon’s AI-Based Fraud Detection Initiative
June 13, 2019  |  Security & Fraud

With the speed and volume of digital transactions increasing every year, fraudsters have become better at concealing their tracks. Hunting cybercriminals has become much like...

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BNY Mellon’s AI Fix For Reducing False-Positives
BNY Mellon’s AI Fix For Reducing False-Positives
June 12, 2019  |  Security & Fraud

With 83% of consumers in the U.S. owning laptops and 91% owning mobile devices, there’s never been greater opportunity for digital fraud. Total losses due...

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Trade Finance Rejection Rates Accelerate
Trade Finance Rejection Rates Accelerate
April 22, 2019  |  B2B Payments

The massive global trade finance gap is the topic of conversation for many banks and FinTech firms looking to strengthen their position in the market....

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On The Hill, Banking’s Biggest Get Grilled
On The Hill, Banking’s Biggest Get Grilled
April 11, 2019  |  Bank Regulation

The biggest names in banking came to the Hill, repping seven of the largest financial firms in the United States. Ten years after the financial crisis,...

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BNY Mellon Adds Three Executives To Its Digital Team
BNY Mellon Adds Three Executives To Its Digital Team
April 09, 2019  |  Digital Banking

BNY Mellon announced  Tuesday (April 9) the appointment of three executives to help oversee the digitization strategy at the bank. In a press release, BNY...

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Corporates Compile Their Payments Innovation Wish Lists
Corporates Compile Their Payments Innovation Wish Lists
November 12, 2018  |  B2B Payments

Corporate decision-makers are seeing more choices in technology and services when it comes to the ways they pay suppliers, employees and business partners. However, these...

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BNY Mellon’s Scharf Appoints New Digital Head
BNY Mellon’s Scharf Appoints New Digital Head
September 06, 2018  |  Personnel

BNY Mellon has announced Roman Regelman as its new senior executive vice president and head of digital. Regelman will start his position on Sept. 17, reporting...

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Starbucks Sizzles, Sears Fizzles And Pixel Shows Sizzle Potential
Starbucks Sizzles, Sears Fizzles And Pixel Shows Sizzle Potential
December 09, 2016  |  Sizzle/Fizzle

Starbucks had a big week with expansion plans and bots, while Sears saw its bottom line losses grow by 65 percent (!) year over year....

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BNY Mellon Unable To Run Payments For 19 Hours
BNY Mellon Unable To Run Payments For 19 Hours
December 08, 2016  |  Bank Regulation

Bank of New York (BNY) Mellon Corp. was unable to process payment instructions sent over the Swift Network from clients for a 19-hour stretch earlier...

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