03:31 PM
Connect Directly

Bank of NY Mellon Adds SMS to Remit Worldwide Service

The Bank of New York Mellon has rolled out a new texting feature for its Remit Worldwide application, a white-label service provided by BNY Mellon's client banks to deliver remittance services to their retail customers.

Remit Worldwide Alert uses SMS functionality to facilitate text message notifications to nearly 200 countries worldwide. It provides information about incoming payments for beneficiaries to pick up the remittance at Remit Worldwide-authorized payout locations. The bank says the new SMS service allows for easier communication regarding remittance payment information without the need for voice or e-mail communication.

BNY Mellon's treasury services group provides Remit Worldwide as part of an its portfolio of enterprise treasury services solutions, which includes cash management, trade and back-office outsourcing services.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology
BS&T's 2014 Elite 8 executives are leading their banks to success, whether it involves leveraging the cloud, modernizing core systems, or transforming into digital enterprises.
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.