Interview: BNY’s Carl Slabicki on RTP – an invaluable payment option for corporate customers
Real-time payment capabilities are transforming how companies manage liquidity and streamline operations and The Bank of New York Mellon (BNY) has form when it comes to payments firsts.On 10 February last year, BNY took centre stage as the new era of real-time, higher-value payments was born. Specifically, The Clearing House and BNY announced the successful completion of the largest instant payment($10m) in US history and the first-ever payment on the RTP network exceeding $1m. This followed the increase i ...