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AYR gets selected for BNY Mellon’s Accelerator program

by techsterhub bureau
December 14, 2022
Reading Time: 1 min read
AYR gets selected for BNY Mellon’s Accelerator program

AYR (formerly Singularity Systems Inc.), the next generation intelligent document processing (IDP) company, has been selected for BNY Mellon’s accelerator program. The BNY Mellon program seeks out and partners with the best emerging technology companies to create innovative solutions that address emerging business challenges for the global financial industry.

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“Across our organization, unlocking value from data is an integral part of the products and services we offer to our clients across the financial industry,” said Matt Wells, Managing Director, Global Payments, Markets, Issuer Services, and Treasury Services Operation at BNY Mellon. “We look forward to working with companies like AYR as we explore intelligent automation opportunities to unlock the value of next-generation document and data processing solutions, give employees time back and improve customer satisfaction.”

The BNY Mellon Accelerator Program was created to facilitate innovation and collaboration with the fintech ecosystem and its emerging leaders. The program offers a streamlined approach to testing and validating new technologies and their use cases. Using a proof-of-concept-based approach, participants focus on real business problems with the goal of meeting the evolving needs of BNY Mellon’s customers. Underpinned by the entrepreneurial spirit, founders and their teams benefit from opportunities to inform their product roadmaps and better scale their businesses with insights from BNY Mellon leadership, leading venture capitalists and the larger BNY Mellon ecosystem. The program focuses on providing exceptional leadership to the technology and financial ecosystem and supporting businesses created by diverse entrepreneurs.

“The AYR team is honored to be part of the BNY Mellon Accelerator program. We are working to solve customer challenges that were previously considered unattainable,” said Tianhau Wu, co-founder and chief technology officer at AYR. “With a focus on innovating next-generation solutions, we continue to see growing customer interest in the intelligent document processing and automation markets.

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