MEDIUMVulnerability
Global
BNY unveils Pay-to-Wallet technology option for banks
·Source: Finextra
Updated:
Executive Summary
BNY has unveiled a Pay-to-Wallet capability, making it possible for banks to send cross-border payments from bank accounts to participating retail digital wallets, using existing Swift payment messages and correspondent banking infrastructure.
Analysis
BNY has unveiled a Pay-to-Wallet capability, making it possible for banks to send cross-border payments from bank accounts to participating retail digital wallets, using existing Swift payment messages and correspondent banking infrastructure.