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For Payments, Banks Should Use Technology as a ‘Bridge’ for Client Needs, BNY Mellon Says

February 9, 2018

EXCLUSIVE— Banks are juggling a lot of change when it comes to the world of payments, but in order to be successful, banks should avoid getting bogged down in one specific technology trend, BNY Mellon told Bank Innovation.

Michael Bellacosa, head of global payments product management with BNY Mellon, told Bank Innovation in an emailed statement that a constant in the payments space (currently experiencing “an enormous wave of innovation,” he said), is “the level of uncertainty among the corporate and bank clients we serve.”

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