BNY has tapped Nvidia to build an AI factory to increase its computational power and deploy gen AI more efficiently within its operations. Nvidia AI factories are a…
Read more Inside look: BNY’s Nvidia-built AI factoryFinancial institution leaders have prioritized innovation and efficiency efforts in 2024 while navigating continually evolving technologies. This year, bank executives have been tasked with keeping up with generative…
Read more 11 bank tech execs to watch in 2025BNY has joined forces with Commonwealth Bank of Australian to provide its customers with near real-time payments for cross-border transactions. By working with CBA, BNY customers can make…
Read more Transactions: BNY, CBA join for cross-border near real-time payments | Bank Automation NewsNEW YORK — BNY is developing a cross-border instant payments solution to keep up with demand for real-time payments. There are 90 real-time payments networks across the…
Read more BNY developing cross-border solution | Bank Automation NewsCarl Slabicki, managing director and co-head of global payments at BNY treasury services, is focused on keeping up with client demand by monitoring industry trends, innovating with the…
Read more 5 questions with BNY Treasury Services’ Carl Slabicki | Bank Automation NewsBNY is unifying products and solutions on its platform to ensure its investment capabilities are readily available to clients in one place. With BNY’s capabilities all in…
Read more BNY unifies tech solutions in Q2 | Bank Automation NewsBNY looks to client feedback and demand when planning the product pipeline within its technology arm, Pershing X. “We’re hearing feedback from our clients, and we’re delivering solutions…
Read more Inside look: BNY Pershing X product pipeline | Bank Automation NewsBNY Mellon’s technology arm Pershing X’s clients are looking to the tech provider for improved wealth management capabilities. Clients want to upgrade their internal wealth management technology…
Read more Pershing X modernizes API strategy | Bank Automation NewsBNY Mellon’s automated smart routing solution decides which payments rail to send transactions through behind the scenes, without burdening clients with the decision. “We don’t want our clients…
Read more BNY Mellon adds PayPal, Venmo to automated routing solution | Bank Automation NewsShows like Downtown Abbey, Palm Royale, and more have showed the big, big rich lives – and a few even touched the marijuana counterculture movement. It seems we…
Read more The Gilded Age Heiress Who Helped The Marijuana MovementBNY Mellon has selected technology services provider Accenture to enhance the bank’s data and analytics services. The bank will use Accenture’s AI and data expertise to introduce new…
Read more Transactions: BNY Mellon, Accenture team up to boost data and analytics services | Bank Automation NewsBNY Mellon has appointed Julie Gerdeman as its global head of data and analytics. Gerdeman will be responsible for managing software and data for nearly $47 trillion of…
Read more BNY appoints Gerdeman as global head of data and analytics | Bank Automation NewsBNY Mellon has expanded its use of Microsoft for cloud services and AI models, according to a Feb. 5 release from the bank. The $30 billion bank will…
Read more BNY expands use of Microsoft for data management | Bank Automation NewsIn 2023, financial institutions continued to look to third-party vendors for innovative solutions to enhance their offerings. A December report by Scottdale, Ariz.-based bank and fintech advisory company…
Read more Ally, Microsoft team up on gen AI | Bank Automation NewsBNY Mellon’s technology spend accounted for nearly 30% of noninterest expenses in 2023 as the bank embraced new technology during the year. The bank spent $3.8 billion on…
Read more BNY Mellon spent $3.8B on tech in 2023 | Bank Automation NewsMajor U.S. banks invested in AI and automation while pulling back on headcount as cost reductions remained a priority during the third quarter. Bank of America, BNY Mellon,…
Read more Q3 earnings roundup: Tech spend up, headcount down | Bank Automation NewsBNY Mellon is investing in automation, AI and new technologies to increase efficiency and drive innovation. Automation of processes, digitization and AI across the firm will make it…
Read more BNY invests in AI for innovation | Bank Automation NewsNatWest is deepening its ties with Amazon Web Services to leverage the IT solutions provider’s generative AI capabilities. By the end of 2027, the $886 billion bank aims…
Read more NatWest taps AWS for AI banking tool | Bank Automation NewsNatWest has selected fintech Icon Payments Framework to modernize its payments capabilities. Icon Payments Framework (IPF) is a low-code, cloud-native platform that allows financial institutions to enhance…
Read more NatWest modernizes payments | Bank Automation NewsBNY Mellon technology arm Pershing X is collaborating with cloud-based software provider Salesforce to automate data exchange for a unified platform for wealth management firms. Combining the…
Read more BNY taps Salesforce for productivity | Bank Automation News
