BNY Mellon

FinTech: BNY Mellon, Lunate Invest In Wealth Management Platform Alpheya

FinTech, News / By

Lunate and BNY Mellon (NYSE: BK) are jointly investing in a new financial technology company, Alpheya, based in Abu Dhabi. Alpheya aims to develop a tailored wealth management technology platform for the Middle East and North Africa (MENA) region. With a capital commitment of $300 million, the platform is set to launch in 2024, addressing the increasing demand from wealth and asset managers for a comprehensive digital solution.

FinTech: BNY Mellon Unveils Bankify For Businesses To Receive Payments From Consumers’ Bank Accounts

FinTech, News / By

BNY Mellon (NYSE: BK) has introduced Bankify, an innovative open banking payments solution in collaboration with Trustly. This solution allows organizations to seamlessly receive consumer payments from bank accounts while ensuring guaranteed funds for business receivables. Bankify combines BNY Mellon’s expertise in transaction payments with Trustly’s leading open banking capabilities.

Fintech: BNY Mellon And MoCaFi Join Hands To Extend Digital Payments To Underserved Communities In The United States

ESG and Sustainability, FinTech, News / By

BNY Mellon (NYSE: BK) and MoCaFi, a Black-founded fintech platform, have formed a strategic alliance to bring digital payment options to unbanked and underbanked communities in the U.S. BNY Mellon’s Treasury Services business will provide federal, state, and local governments, as well as corporate clients, with a digital disbursement payment service through MoCaFi’s offering.

Alternative Investments/ESG: BNY Mellon To Launch ETF Focused On Empowerment Of Women

Alternative Investments, ESG and Sustainability, News / By

BNY Mellon (NYSE: BK), a leading investment management company, has announced plans to launch an actively managed exchange-traded fund (ETF) that invests in companies supporting women’s empowerment. The BNY Mellon Women’s Empowerment ETF will focus on investing in companies that aim to improve women’s quality of life, with a particular focus on gender equity in the workplace and products or services that enhance women’s productivity.