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News 2026-10-16 13:22 UTC

BNY Partners With SFA, Snapdocs to Develop VeriCORE Registry for ABS Market

BNY is partnering with the Structured Finance Association and Snapdocs to form VeriCORE, a digital collateral registry for U.S. consumer lending and asset-backed securities. An initial launch is targeted for 2027, with support for auto loans and lease agreements. The registry aims to digitize loan transfers, strengthen