BNY Mellon Launches Bankify
Portfolio Pulse from Benzinga Newsdesk
BNY Mellon has formed a strategic alliance with Trustly to launch an open banking payment solution called Bankify, which guarantees settlement.

September 07, 2023 | 12:59 pm
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POSITIVE IMPACT
BNY Mellon's new strategic alliance with Trustly to launch Bankify could potentially enhance its product portfolio and increase its market competitiveness.
The launch of Bankify, an open banking payment solution, could potentially enhance BNY Mellon's product portfolio and increase its market competitiveness. This could lead to increased customer base and revenues, positively impacting its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100