BNY’s North American cash management business has continued to improve liquidity efficiency, accelerate payments and make banking infrastructure more accessible to financial institutions. Its work in the review period addressed the operational demands of faster payments and the infrastructure needed to support digital financial services.
The bank expanded its account services to better accommodate dollar balances moving outside traditional banking hours. Its seven-day US dollar interest solution now calculates accruals using end-of-day positions across every calendar day, including weekends and holidays.
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