BNY Launches Digital Transfer Agency and Pay-to-Wallet
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AI-assisted source synthesis · not an independent investigation.
In the third quarter of 2026, BNY launched digital transfer agency capabilities and enabled its Pay-to-Wallet service, expanding tokenized fund services and cross-border bank-to-wallet payments. The digital transfer agency platform integrates tokenization, distribution, and custody functions, supporting digital assets and traditional asset funds across jurisdictions and different blockchains. The Pay-to-Wallet service supports banks in sending cross-border payments to retail digital wallets, without requiring clients to build the relevant infrastructure themselves. In addition, through its enterprise AI platform, Eliza, BNY continues to introduce artificial intelligence into internal processes. As of October 16, 2026, reports had not disclosed further information on service scale or clients.
AI-written from reports · updated 3 days ago
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- PYMNTSBNY launches digital transfer agency and Pay-to-Wallet services, expanding tokenized funds and cross-border payments
BNY launched its digital transfer agency capabilities in the third quarter and enabled its Pay-to-Wallet service, expanding tokenized fund services and cross-border bank-to-wallet payments. The digital transfer agency platform integrates tokenization, distribution, and custody, supporting digital and traditional asset funds across jurisdictions and blockchains; Pay-to-Wallet enables banks to send cross-border payments to retail digital wallets without building their own infrastructure. BNY is also continuing to bring artificial intelligence into internal processes through its enterprise AI platform Eliza.
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