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Stock impact report

FOMO Pay Taps BNY to Deliver Institutional-Grade Business Account Solution for Cross-Border Payments

The Bank of New York Mellon Corporation (BK) 
Last the bank of new york mellon corporation earnings: 4/16 06:30 am Check Earnings Report
Company Research Source: PR Newswire
SINGAPORE, Feb. 6, 2026 /PRNewswire/ -- FOMO Pay, a leading Singapore-headquartered payment institution, today announced a strategic collaboration with BNY (NYSE: BK), a global financial services company, to enhance its cross-border payment and collection capabilities. Through this joint effort, FOMO Pay will utilise BNY's Virtual Reference Number solution to enable its corporate clients to collect and send payments directly within the U.S. domestic banking system.BNY brings deep expertise in clearing, custody, payments and cash management, supporting multinational corporations, financial institutions, and high-volume clients worldwide. By leveraging BNY's U.S. domestic infrastructure and expertise, FOMO Pay expands its banking capabilities and equips clients with advanced corporate treasury solutions in the U.S. market.This integration delivers a significant operational advantage over traditional cross-border USD transfers, which are routed through correspondent banking networks and Show less Read more
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