Press Releases
Mellon Global Cash Management Schedules Free Cyberconference on Foreign Currency Payment and Receiving Process
PITTSBURGH, July 23, 2004 — A free cyberconference on "Streamlining Your Foreign Currency Payment and Receiving Process," will be presented by Mellon Global Cash Management (GCM), a treasury services business of Mellon Financial Corporation, on Wednesday, July 28 from 2-3 p.m. Registration for the event can be done online at www.mellon.com/insight04 or by calling 1 800 424 - 3004.
In this presentation, Mellon's foreign exchange (FX) experts will address the issues and concerns inherent in paying and receiving funds in foreign currency. In addition, there will be a discussion on how Mellon IDeal Forex® — our electronic trading platform that incorporates the most proven technology — offers participants a secure and efficient means of executing and managing their FX activities.
Other upcoming cyberconferences to be hosted by Mellon GCM include:
- "Custom Lockbox — What is it and how can it benefit my company" on Wednesday, August 18 from 2-3 p.m. In this presentation, Mellon GCM's business-to-business receivables experts will explain how our unique custom lockbox application combines the benefits of both wholesale and retail lockbox processing into a single receivables stream. This session will describe the criteria for effectively utilizing a custom lockbox and provide information on how such an automated process may yield lower total receivables processing costs and help participants in their efforts to increase focus on their core competencies.
- "Reaping the Benefits of Your Disbursement Image Service" on Wednesday, September 22 from 2-3 p.m. This session will acquaint participants with the disbursement image process, giving them tips on how to best use their image software and Internet image capabilities. Mellon's disbursement product experts will also discuss the impending Check Clearing for the 21st Century Act and its potential impacts for participants.
Mellon Global Cash Management, a payments industry leader synonymous with quality performance and known for its innovation and expertise, designs comprehensive solutions through its broad line of cash management services to meet the specialized treasury needs of corporations, nonprofit organizations and financial institutions. In the most recent Phoenix-Hecht® Quality IndexTM of 33 major cash management providers, Mellon GCM was revealed to be unsurpassed for product quality. In addition, Mellon GCM is the only electronic payments services provider in the U.S. to achieve both Level 3 Capability Maturity Model® (CMM®) Certification for its software engineering practices and ISO 9001:2000 Registration. More information on Mellon GCM is available at www.mellon.com/gcm.
Mellon Financial Corporation is a global financial services company. Headquartered in Pittsburgh, Mellon is one of the world's leading providers of financial services for institutions, corporations and high net worth individuals, providing institutional asset management, mutual funds, private wealth management, asset servicing, human resources and investor solutions, and treasury services. Mellon has approximately $3.6 trillion in assets under management, administration or custody, including more than $675 billion under management. Its asset management companies include The Dreyfus Corporation and U.K.-based Newton Investment Management Limited. News and other information about Mellon is available at www.mellon.com.