SPONSORED STATEMENT
Transforming Business as Usual
into Innovation as Usual
By Al Briand Jr., Managing Director, BNY Mellon Treasury Services Product Management
No matter what business you’re in or where you operate, your treasury solution must help you do more than move,
track and invest your money. It must also equip you to pursue adequate liquidity, manage risk, address tightening
regulations and incorporate technologies that deliver speed, cost effectiveness and convenience. You already know
that BNY Mellon offers cash management, global payments, trade and liquidity management services that aim for
these goals. But you may not be aware that we’ve added some fresh capabilities aimed at transforming your trea-
sury from “business as usual” to “innovation as usual.” Take a look at a few of our new and enhanced solutions:
Cash and Accounts payable:
Comprehensive Working Capital Management
Our cash management products and
services include comprehensive AR
and AP solutions, as well as trans-
action initiation and reporting for
the full range of cash management
needs. Our receivables solutions
include wholesale, retail and whole-
tail lockbox services. Payables
capabilities include paper and elec-
tronic disbursement methods, image
capabilities and fraud protection
tools such as Positive Pay and Posi-
tive PayeeSM. Recent innovations
include:
• This fall, we’re launching a new
information reporting / transac-
tion initiation service. Treasury
EdgeSM will offer access to some
of our industry’s most advanced
reporting capabilities, enhanced
security features, broader file
transmission tools, better bal-
ance reporting, expanded user
entitlements and streamlined user
functionality. The new gateway
will provide access to more than
50 modules.
• An Image Cash Letter process
for Retail Lockbox eliminates the
need for check transport to cor-
respondent banks by clearing pay-
ments via a BNY Mellon depository
account in Pittsburgh, PA. Clients
can centralize receivables records,
accelerate processing and avoid
future Federal Reserve and corre-
spondent bank price increases.
• Electronic Bill presentment &
payment gives billers a cost-effi-cient method for providing customers with electronic bills and
invoices that can be paid over the
Internet via ACH or credit/debit
card, facilitating faster delivery
and payment processes and reducing bill/statement production
costs.
• pINless debit enables billers to
allow consumers to pay their bills
by entering their card-based debit account numbers through biller
call centers, Web sites or interactive voice response systems.
global payments — Manage Cash
Flow, Liquidity and Risk
As businesses seek to conduct business globally, BNY Mellon can help.
We combine advanced technology,
innovative products and industry
expertise to help our clients make
and receive cross-border payments,
navigate international regulations
and mitigate risk while efficiently
and cost effectively reaching their
customers, vendors, employees and
investors around the world. Today:
• we process approximately
100,000 International ACh (IAT)
transactions per month under recent
NACHA requirements--a 30 percent
share of activity during the first 6
months of IAT compliance.
