By Anita Hawser
BEST WHITE-LABEL SYSTEM PROVIDER
BNY Mellon Enterprise Treasury Services
A consistent winner in this category, BNY Mellon is one of the few banks with a business dedicated solely to providing other financial institutions with white-label solutions, which they can then sell to their corporate customers. The bank’s Enterprise Treasury Services unit has a client base of more than 150 financial institutions who benefit from BNY Mellon’s investment in a broad range of capabilities, including payments processing, international funds transfer and check clearing, without the upfront investment and operational risk that developing those services themselves entails. BNY Mellon has been providing white-labelled solutions to financial institutions via its Enterprise Treasury Services unit since 1989.