{"id":714295,"date":"2022-11-22T08:48:11","date_gmt":"2022-11-22T13:48:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/conduent-collaborates-with-bny-mellon-to-launch-new-digital-hub-that-expands-access-to-faster-easier-and-secure-payments\/"},"modified":"2022-11-22T08:48:11","modified_gmt":"2022-11-22T13:48:11","slug":"conduent-collaborates-with-bny-mellon-to-launch-new-digital-hub-that-expands-access-to-faster-easier-and-secure-payments","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/conduent-collaborates-with-bny-mellon-to-launch-new-digital-hub-that-expands-access-to-faster-easier-and-secure-payments\/","title":{"rendered":"Conduent Collaborates with BNY Mellon to Launch New Digital Hub that Expands Access to Faster, Easier and Secure Payments"},"content":{"rendered":"

\nNew digital platform brings together Zelle\u00ae and the latest request-to-pay options from Real-Time-Payments (RTP\u00ae) to satisfy a range of business use cases from tolling and transit to refund disbursements
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FLORHAM PARK, N.J., Nov. 22, 2022 (GLOBE NEWSWIRE) — Conduent Incorporated<\/a> (Nasdaq: CNDT), a global technology-led business process solutions company, today announced the launch of its new Digital Integrated Payments Hub<\/a> enabling businesses and public sector agencies to access secure, faster, and cost-effective options to send, request or receive payments.<\/p>\n

By integrating the payment capabilities of BNY Mellon\u2019s trusted infrastructure, Conduent\u2019s new Digital Integrated Payments Hub speeds up refunds, rebates, and overpayment remediations from as many as 10 days to a matter of minutes, while providing the ability to conveniently and transparently track transactions.<\/p>\n

Conduent is the first business process outsourcing provider to offer a centralized platform consolidating different payment processes and systems, including the latest solutions such as Real Time Payments from The Clearing House and Zelle\u00ae<\/sup>, reducing the cost of paper checks and creating an enhanced customer experience.<\/p>\n

\u201cWe know that consumers increasingly prefer the convenience, immediacy, and security of established digital payment services. By adding BNY Mellon as our payments infrastructure provider, we can now offer clients across the Government, Commercial and Transportation segments new payment options that reduce costs, mitigate fraud and provide timely benefits,\u201d said Rob Houser, Global Head of Strategy & Corporate Development at Conduent.<\/p>\n

\u201cConduent\u2019s Digital Integrated Payments Hub becomes a natural, technical integrator to our existing suite of services at a time when many commercial and public sector clients are focused on gaining efficiencies and improving the customer experience,\u201d Conduent\u2019s Houser added.<\/p>\n

As the first institution to originate a payment on the RTP network, BNY Mellon\u2019s collaboration with Conduent is the latest example of the bank\u2019s commitment to transforming the global payment system. \u201cBy marrying our 238-year legacy of trust and innovation with investments in the newest capabilities, BNY Mellon is providing the means for businesses to expand consumer access to a range of popular and proven payment technologies,\u201d said Carl Slabicki, co-head of global payments at BNY Mellon. \u201cThe benefits in transportation alone could make commuting a more seamless experience.\u201d<\/p>\n

\n Potential use cases for the Digital Integrated Payments Hub include: <\/strong>\n <\/p>\n