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US Treasury Proposes Sweeping New Disclosure Rules On Bitcoin, Other Cryptos 

PYMNTS

Treasury Department proposed sweeping new rules late Friday (Dec. The proposed limits for reporting digital transactions are $10,000 for non-wire transactions and $3,000 for wire transactions – the same as with cash. Another provision of the measure would let the secretary of the Treasury add additional requirements.

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Modern Treasury Drives Growth of Instant Payments with Leading Banks

Fintech Finance

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.

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Thunes Launches New Global Business Payments Service

Fintech News

Businesses can also process US dollar wire transfers to more than 170 countries and make payments in over 30 currencies, including USD, EUR, and CNY. The solution is supported by Thunes’ SmartX Treasury System, which provides real-time visibility into fund locations and enhances liquidity management.

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BNY Sends Largest Instant Payment in U.S. History, $10 Million Following Transaction Limit Increase

Fintech Finance

This landmark payment from Computershare highlights the growing demand for higher value instant payments, providing a seamless alternative to traditional wire transfers and checks while improving liquidity management in todays fast-paced economy.

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ACH Payment vs Wire Transfer: What’s the Difference and Which Payment Method Should You Use?

Stax

If you’ve been accepting and using electronic payments in your business, you’ve probably come across two of the most popular terms in the digital payments scene— automated clearing house (ACH) and wire transfer. International wire transfers can take up to 7-10 days Costs and fees Around 1% of the payment amount.

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B2B Payments Firm Modern Treasury Lands $38 Million

PYMNTS

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. However, Modern Treasury says it digitizes every phase of the workflow while its software supplants legacy infrastructure. 12) announcement. The company says that over $18.5

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CashWire And Workday Partner For Quicker, Safer Wire Transfers

PYMNTS

FinTech software vendor IntegriDATA has announced a new integration between its CashWire system and Workday Financial Management, which the company says will help to speed up B2B payments by allowing the automatic generation of wire transfers.