This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Modern Treasury , the leading payment operations platform built for the Instant Economy, and Brico , the first automated financial licensing platform, announced a partnership to accelerate the shift to embedded payments. We also know that it’s imperative, as embedded payments are the future of many products across industries.
Modern Treasury , the leading payment operations platform for businesses, today introduced Modern Treasury AI to deliver the first AI Platform purpose-built for the unique demands of enterprise payments. ” Modern Treasury AI The AI Agent is the first enterprise-grade Agent that understands payments.
A Treasury Department official sought to allay a senator’s concerns about DOGE staffers gaining access to the U.S. payments system, but sidestepped questions Tuesday. The issue escalated at a Wednesday hearing.
Modern Treasury , the payment operations platform for the Instant Economy, has announced its partnership with Blankfactor. This partnership builds upon an existing collaboration and will strengthen Modern Treasury’s professional services offering, particularly for enterprise customers requiring specialized technical resources.
Ramp debuts Ramp Treasury to help businesses earn interest on idle funds. Business finance automation platform Ramp unveiled a new product today called Ramp Treasury that helps businesses earn more interest on their idle funds without sacrificing liquidity. The free, FDIC-insured account offers 2.5%
Over the years, Ramp has built a name for itself in the corporate card and expense management space. Its branched out into travel, bill pay, and more, while raising over $1.2 billion in venture funding.
DBS has announced the pilot launch of DBS Treasury Tokens, a next-generation treasury and liquidity management solution, in collaboration with Ant International. DBS Treasury Tokens enables Ant International to reduce the settlement of intra-group transactions from potentially days to seconds.
Modern Treasury , essential infrastructure for the new era of payments, has announced that it has expanded instant payments support for mutual customers of six leading banks — Bank of America, Cross River, JPMorgan Chase, PNC Financial Services, U.S. Today, Modern Treasury’s customers move over $1 billion in instant payments volume annually.
Vietnam’s Lien Viet Post Joint Stock Commercial Bank (LPBank) has partnered with financial software provider Finastra and NGS Equipment and Communication Joint Stock Company (NGS) to enhance its treasury operations. With this rapid progress, the treasury business of each bank is increasing in importance.”
The UK's Treasury Committee has floated the idea of introducing legislation to force shops to accept cash in the future, warning that a lack of action from the Government to tackle declining cash acceptance could lead to a two-tier society with the most vulnerable bearing the cost.
Finastra, a global financial software provider, has teamed up with OpenFin to enhance the user experience in treasury management systems. This partnership focuses on upgrading Finastra’s Kondor system , widely used by banks for treasury management. ” said Adam Toms, Chief Operating Officer at OpenFin.
Treasuries to the XRP Ledger (XRPL), expanding the breadth of institutional-grade products onchain. Ondo Finance, a leading tokenized real-world asset (RWA) issuer, is bringing tokenized U.S.
In her first Mansion House speech , the Chancellor announced a package of reforms that the Treasury hopes will ensure the UK’s status as a global powerhouse for financial services. Here are some of the key announcements that may have an impact on the payments and e-money sectors and that the Treasury is hoping will help fuel growth.
DBS has initiated the pilot of the “DBS Treasury Tokens”, a blockchain-based solution designed for next-generation treasury and liquidity management, in collaboration with Ant International. DBS Treasury Tokens aim to address the needs of large corporations like Ant International, which operate across multiple markets.
Responding to a call from the US Treasury, the Consumer Financial Protection Bureau (CFPB) and the American Fintech Council (AFC) have both weighed in on the use of AI in financial services.
Morgan Payments has announced new and enhanced product integrations connecting to the Oracle ecosystem, making it easier for clients to streamline their payments across treasury, trade and commerce. Morgan Payments to help corporate treasury make informed and smarter decisions. Since 2021, J.P. ” J.P. The post J.P.
To meet this demand, FIS , the global fintech, has launched its next-generation enterprise treasury platform, Treasury and Risk Manager Quantum Cloud Edition. Treasury and Risk Manager Quantum Cloud Edition is the latest edition in FIS Treasury & Risk Management solution suite.
Integrated healthcare services provider KindlyMD has entered into a definitive merger agreement with Nakamoto to establish a Bitcoin treasury strategy.
This marks a major step towards instant and 24/7 treasury management for both companies, optimising treasury and working capital management for Ant International and its entities.
Additionally, many treasury management systems (TMS) and enterprise resource planning (ERP) providers also host CashPro APIs. CashPro APIs is the ideal solution—it’s brought automation to our treasury and increased efficiency for my team.” This network of 55 TMS and ERPs has helped fuel the surge in API adoption.
The company has more than doubled its headcount over the past year to meet demand for its payments software from clients like Marqeta and Gusto. Now, it plans more expansion for real-time services.
WorldFirst’s clients will be able to access payment schemes under SEPA in real-time and automate treasury payments to optimise their operations. In addition, BNP Paribas will explore innovations in tokenised deposits for global treasury management with Ant International, through the latter’s Whale platform.
Ondo Finance , a player in onchain finance, has announced that it now offers tokenized US Treasuries to the XRP Ledger (XRPL), in turn expanding the range of institutional-grade products onchain.
Treasury Prime , an embedded banking software provider, has announced that KeyBank has entered the Treasury Prime Bank Network, aiming to optimise its financial tech solutions.
1.5 % unlocked yield on idle cash: Digitising treasury balances via our Treasury Management tools frees up extra yield. < . $269 annual remittance savings: Migrant workers sending $400/month keep ~$269 more per year versus 6.6 % legacy fees.
Floris de Kort Welcoming PayPals Hyperwallet into our Direct Global Network underscores our ability to provide powerful new capabilities to top-tier fintechs. said Floris de Kort, CEO of Thunes.
Treasury teams are under fire. Meanwhile, without dedicated treasury management software, outdated systems and spreadsheet chaos make it harder than ever to see where the money actually islet alone manage it effectively.
Symes previously served as CFO of Visa Europe for 10 years, responsible for pricing and treasury, he told Bank Automation News. Payments service provider Checkout.com has appointed Philip Symes as its interim chief financial officer, according to a release from the company on Dec.
Stripe Treasury Powers embedded financial services by enabling platforms to create bank accounts, move money, and manage compliance. Treasury Prime Provides direct bank relationships combined with a flexible API platform for deposits, payments, and ledger services. Here are the top players: 1.
With Wise Platform, Standard Chartered gains access to Wise’s global payments infrastructure, including our extensive licence network, 6 direct connections, payment operations expertise and proven capabilities in treasury management.”
As the first tokenized RWA integrated into the MTN, Ondo’s Short-Term US Government Treasuries Fund (OUSG) will allow participating businesses to earn daily yield via tokenized assets with 24/7 subscriptions and redemptions, without the need for stablecoins onramps or settlement windows.
The department’s undersecretary for domestic finance, Nellie Liang, suggested state oversight of money transmitters was outdated in an era of electronic payments.
By the end of 2024, Bank of America corporate clients will have made over $1 Trillion in payment approvals on the banks CashPro App, the mobile application that companies use to manage their treasury operations.
While talk of a digital dollar has mainly focused on creation of a central bank digital currency through the Federal Reserve, a group of House Democrats on Monday proposed legislation that pivots in a different direction, creating an electronic dollar through a new program administered by the Treasury Department.
Modern Treasury, the leading payment operations platform for businesses, today introduced Modern Treasury AI to deliver the first AI Platform purpose-built for the unique demands of enterprise payments.
Real-Time Workforce Payments give treasury and finance managers the option to make workforce payments directly on the platform – with no need to export pay-ready files to other third-party providers. data accuracy and instantly converting worker data to pay-ready files.
RLUSD is designed for various financial applications, including cross-border payments, DeFi integration, liquidity access for remittance and treasury operations, and collateralisation for trading tokenised assets. Ripple Payments will also utilise RLUSD to facilitate global payments for enterprise customers starting next year.
FIS (NYSE: FIS), a global leader in financial technology, today announced the launch of its next-generation enterprise treasury platform, Treasury and Risk Manager Quantum Cloud Edition.
By integrating next-generation infrastructure, we’re shaping the future of treasury with purpose and precision. ” In February 2025, Saudi National Bank (SNB) also went live with KDP, to bring real-time programmable payments to its Treasury.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content