FOMO Pay Collaborates with BNY to Enable 24/7 USD Settlement

Press Releases
October 28, 2026

SINGAPORE — October 28, 2026 — FOMO Pay, a leading Singapore-headquartered payment institution, today announced a new collaboration with BNY (NYSE: BNY), a global financial services company, becoming one of the first financial institutions globally to adopt BNY’s innovative 24/7 USD Book Transfers solution and extend round-the-clock USD settlement capabilities to eligible payments.

With BNY’s 24/7 USD Book Transfers solution, FOMO Pay can better support business payment needs beyond conventional banking hours, including weekends and U.S. public holidays. This provides businesses operating across markets with greater flexibility in managing USD payment flows and meeting time-sensitive financial obligations.

As businesses increasingly operate across jurisdictions and time zones, the ability to access reliable and responsive financial infrastructure is becoming essential to global growth.

“The future of financial services will be defined not only by how quickly money moves, but by how seamlessly businesses can operate across borders,” said Louis Liu, Founder and CEO of FOMOPay. “We believe the next generation of payment infrastructure must be built around the realities of a global economy, where connectivity, reliability and access are fundamental to growth. Our collaboration with BNY reflects this vision as we continue to bridge financial systems and build the foundations fora more connected global financial ecosystem.”

“We are proud to welcome FOMO Pay as one of the early adopters of our 24/7 USD settlement capabilities, building on our earlier work together to support U.S. payment and collection needs,” said Fabian Khoshbakht, Head of Asia Pacific,Global Payments & Trade, BNY. “Through our global network and cross-border payment capabilities, we continue to help clients move funds efficiently and bridge payment requirements across borders.”

The collaboration represents a further enhancement to FOMO Pay’s cross-border payment infrastructure, reinforcing its commitment to connecting businesses with reliable and flexible payment capabilities across international markets.

 

About FOMO Pay

Founded in 2015, FOMO Pay is a payment institution licensed in Singapore, Hong Kong and the Middle East. The firm has become a leading one-stop digital payment, digital banking, and digital asset solution provider. It is currently building Asia's fully licensed financial platform, helping institutions and businesses connect between traditional and next-generation financial services. The firm offers its three flagship products:

  • FOMO Payment – One-stop digital payment solution for merchants, corporates and financial institutions
  • FOMO iBiz – Facilitate businesses' everyday requirements for transactional banking needs
  • FOMO Treasury – One-stop digital asset services provider bridging Web 2.0 & Web 3.0

Visit www.fomopay.com for moreinformation. For media inquiries, contact marketing@fomopay.com.

 

About BNY

BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of September 30, 2026, BNY oversees $63.4 trillion in assets under custody and/or administration and $2.2 trillion in assets under management.

BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BNY). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.

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