"We're committed to making it easier for banks to participate in the growing remittance market, and the continued growth of Remit Worldwide reflects our success adding important features and functionalities," said Wendy Miller, director of remittance services with The Bank of New York Mellon. "Some of these innovations, notably the compliance enhancements announced earlier this [November], make Remit Worldwide an even better solution for our client banks. Others, like the new text messaging feature that allows remitters in the U.S. to send text messages to payees overseas alerting them to remittance transactions, are making Remit Worldwide even more attractive to the clients of banks that use our service."
BofNY Mellon Inks Remittance Deal with IBERIABANK
BofNY’s Remit Worldwide will be used by IBERIABANK to provide clients with global remittance services.