BNY Mellon: Launches New Payment Platform Vaia for Payee-Choice Disbursements

BNY Mellon: Launches New Payment Platform Vaia for Payee-Choice Disbursements

  • BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets
  • Launched Vaia, its new aggregated payment platform that gives U.S.-based institutions access to the latest digital payment options
  • Through a single integration, institutions can now provide their payees with access to Vaia’s wide range of payment choices
  • This could significantly reduce the time and resources needed for businesses to connect with all available payment rails
  • The new platform was built in collaboration with Verituity, a cloud-based solution that connects banks, payers
  • Vaia will also continue to add the latest payment innovations to its portfolio of solutions, ensuring that clients
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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