BNY Mellon

Artificial Intelligence

MAS-led consortium releases version 2.0 of open-source framework on responsible use of AI in finance

The consortium is made up of 32 industry players and is meant to provide guidance to firms on how to use AI responsibly.

US Economy

Economists see Powell’s message as 'hawkish'; 50 bps increase 'consistent' with forecasts

"Real interest would rise considerably next year, which could hurt economic growth and affect financial stability": DBS
Fresh Off the Block: BNY Mellon launches crypto custody platform in the US and more - THE EDGE SINGAPORE

Cryptocurrency

Fresh Off the Block: BNY Mellon launches crypto custody platform in the US and more

Coinbase forms a strategic partnership with Google Cloud while Amber Group has launched an equity investment product.
Brian Shea, vice chairman and CEO of investment services at BNY Mellon

How a 232-year-old bank is remaking itself for the fintech age

SINGAPORE (May 24): Financial markets are often at the leading edge of transformation in a world where change is the only constant. In only one generation, many exchanges have progressed from “open outcry” trading by people on the floor of a bourse to
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