Tagged: modern treasury

Modern Treasury Joins JPMorgan’s Payments Partner Network

Modern Treasury, the operating system for the new era of payments, has joined J.P. Morgan’s Payments Partner Network. This ecosystem of end-to-end payment solutions is “designed to meet business needs at any scale.” As part of the Payments Partner Network, Modern Treasury is “making it… Read More

Majority of Firms Face Problems with Payment Operations, Modern Treasury Research Claims

Modern Treasury, the operating system for the new era of payments, released survey results from their annual The State of Payment Operations 2023 report showing that legacy payment operations continue to result in high rates of failed payments, slow payments, errors and lost time in… Read More

Fintech Modern Treasury Announces Reconciliation Engine to Enhance Efficiency, Financial Transparency for Firms

Modern Treasury, the operating system for the new era of payments, today announced its expanded Reconciliation Engine, which automates and simplifies end-to-end cash reconciliation for businesses. This enhanced offering reportedly “drives speed and efficiency, accelerates growth, reduces financial risk, and provides real-time insight into payment… Read More

Modern Treasury Announces Global ACH Capabilities, Supports Affordable Cross-Border Payments

Modern Treasury, the operating system for the new era of payments, and Silicon Valley Bank, announced the availability of a new global payment solution, which will “allow mutual clients to send cross-border payments more efficiently, predictably, and at a lower cost by leveraging local payment… Read More

Modern Treasury, Goldman Sachs to Offer Integrated Software, Payments to Corporate Clients

Modern Treasury, a software platform that helps companies modernize money movement, and Goldman Sachs Transaction Banking (TxB) announced a partnership “to accelerate the shift to embedded payments, helping joint customers seamlessly embed and scale domestic and international payments into their products to drive growth.” Modern… Read More

Modern Treasury Acquires $50M from SVB Capital, Salesforce Ventures

Modern Treasury, a software platform that helps companies of all sizes move money with confidence, has announced a $50 million second close of its Series C round from SVB Capital and Salesforce Ventures, “following the $85 million first close announced in October.” Together this amounts… Read More

Payments Fintech Modern Treasury Says it Now Supports Goldman Sachs, HSBC Customers

Modern Treasury, a Fintech powering payments as well as other services, has announced that it is now supporting Goldman Sachs and HSBC clients. According to an update posted today, Modern Treasury said: “We have now added support for HSBC customers in the United Kingdom. We… Read More

Modern Treasury Introduces Virtual Accounts to Improve Payment Reconciliation

Modern Treasury, a payments operations software platform, has announced its Virtual Accounts product in order to make it easy for firms to accurately track and reconcile payments “at scale.” The introduction of Virtual Accounts aims to further solidify Modern Treasury’s leadership in “enabling companies to… Read More

U.S. Payment Operations Software Provider Modern Treasury Scores $38 Million Through Series B Investment Round Led By Altimeter Capital

  Modern Treasury, a U.S.-based payment operations software provider, announced on Tuesday it secured $38 million Series B funding round, which was led by Altimeter Capital with participation from Benchmark and Y Combinator. Modern Treasury states that it enables its clients to marry bank statements… Read More

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