BNY Mellon Expands E-billing Solution to Include Text Messaging
BNY Mellon, a provider of investment management and investment services, has expanded its treasury services group’s electronic billing (e-billing) and payment (e-payment) processing capabilities to include notifications via SMS text messaging. BNY Mellon Treasury Services is providing SMS text messaging as part of its ClearTran e-payment acceptance solution.
“Operating efficiency, convenience and the environmental benefits of paperless billing are combining to make e-billing increasingly attractive for our clients,” said Susan Skerritt, executive vice president (EVP) and head of business strategy and market solutions for BNY Mellon Treasury Services. “ClearTran has positioned us as a leader in supporting that transformation, first via desktop PC, and now mobile devices. The ability to provide notifications, and eventually even approvals, via SMS text messaging adds an important new dimension to our bill presentment and payment processing solutions.”