US Faster Payments Council reports on Instant Recurring Payments [Yahoo! Finance]
The Bank of New York Mellon Corporation (BK)
Last the bank of new york mellon corporation earnings: 4/16 06:30 am
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Source: Yahoo! Finance
the implementation of instant recurring payments, focusing on the unique perspectives of consumers, businesses, and financial institutions. The research is spearheaded by the FPC Real-Time Recurring Work Group (RTRWG), sponsored by BNY Mellon. The report delves into key components essential for the successful deployment of instant recurring payments. It highlights the importance of features such as Request for Payment (RfP) and standing approval. And it provides a robust foundation for seamless and secure transactions in the dynamic landscape of instant payments. "Instant recurring payments represent a significant evolution in the payments landscape, offering unprecedented speed, convenience, and security,” said Josh Karoly, Director of Payments at Netflix and FPC Real-Time Recurring Work Group Chair. Report lays the groundwork for adoption and innovation “Our report aims to address the diverse needs and expectations of consumers, businesses, and financial institutions.” The
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BK
Earnings
- 4/16/24 - Beat
BK
Sec Filings
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- 5/9/24 - Form 4
- 5/8/24 - Form 144
- BK's page on the SEC website