—Cross-border transactions are growing rapidly, thanks to digital transformations and new international settlement rails. But there still exist a host of international payment frustrations and reconciliation frictions due to ongoing and historical round-peg, square-hole operational bottlenecks between those businesses transacting across borders with each other....
A lot changes in just a few months. Through the past few weeks, several banks have failed. Businesses have been roiled by concerns about their cash, about being able to access funds when needed. Inflation, of course, has been running rampant, lending an extra sense...
Modern Treasury has expanded its Reconciliation Engine designed for businesses with high-volume, complex funds flows. The newly enhanced offering automates and simplifies cash reconciliation for lenders, insurance companies, payroll providers, software companies, healthcare and Health Savings Account (HSA) providers, investment platforms and marketplaces, the provider...
Macroeconomic dislocations have highlighted the need for organizations to future-proof their businesses against uncertainty. Times of turmoil generally provide firms with a key opportunity to focus, or refocus, on the fundamentals. Dimitri Dadiomov, co-founder and CEO at money movement application programming interface (API) Modern Treasury,...
May 26, 2023
—Cross-border transactions are growing rapidly, thanks to digital transformations and new international settlement rails. But there still exist a host of international payment frustrations and reconciliation frictions due to ongoing and historical round-peg, square-hole operational bottlenecks between those businesses transacting across borders with each other. Not the least of which is how long it takes […]
May 11, 2023
A lot changes in just a few months. Through the past few weeks, several banks have failed. Businesses have been roiled by concerns about their cash, about being able to...
April 14, 2023
Macroeconomic dislocations have highlighted the need for organizations to future-proof their businesses against uncertainty. Times of turmoil generally provide firms with a key opportunity to focus, or refocus, on the...
December 20, 2022
The growing adoption of real-time analytics is affecting nearly every aspect of banking and payments. “If you don’t know where your money is, you can’t make good financial decisions,” said...
September 14, 2023
BMO and Modern Treasury have partnered to simplify the management and tracking of complex payment flows for their shared commercial banking clients. This collaboration combines BMO’s banking capabilities with Modern Treasury’s financial operating system, offering faster and more flexible payments, automated reconciliation, real-time financial data, pre-built reporting capabilities and customized operational support, the companies said in a […]
April 17, 2023
Modern Treasury has expanded its Reconciliation Engine designed for businesses with high-volume, complex funds flows. The newly enhanced offering automates and simplifies cash reconciliation for lenders, insurance companies, payroll providers,...
March 02, 2023
San Francisco-based financial services platform Modern Treasury is introducing a product called “Global ACH” which it bills as “a new payment service” that enables lower-cost cross-border transfers than options like...
September 15, 2022
Money movement FinTech Modern Treasury and Goldman Sachs Transaction Banking (TxB) are collaborating to advance the move to embedded payments and help collective clients leverage the capabilities for their own...
