BNY Mellon Partners to Launch Digital Hub

BNY Mellon and Conduent Incorporated announced the launch of a new Digital Integrated Payments Hub enabling businesses and public sector agencies to access secure, faster, and cost-effective options to send, request or receive payments according to a story in Crowdfund Insider news. By integrating the payment capabilities of BNY Mellon’s infrastructure, Conduent’s new Digital Integrated Payments Hub speeds up refunds, rebates, and overpayment remediations from as many as 10 days to a matter of minutes, while providing the ability to track transactions conveniently and transparently. The Digital Integrated Payments Hub has a simple API, connecting clients seamlessly with a single connection that allows for sending payment instructions or accessing data for payment reconcilement quickly and securely.