Latest Journal Entries

Last month, Shruthi Murthy joined the team as head of engineering, and in this Behind the Scenes journal she describes what drew her to Modern Treasury.

This month we shipped new updates including support for testing failed payments in the sandbox, search capability for "other" payment types, and virtual accounts for Wells Fargo.

Modern Treasury has now added support for customers of BankProv.

Optimistic Locking is a control method that assumes multiple transactions can complete concurrently without conflict. We built our ledgers API with concurrency control semantics to better manage transaction volume.

A virtual account doesn't hold any funds, despite having a unique account number and can perform payments as physical accounts. They can be a popular solution for neobanks to scale payment operations and manage large transaction amounts.

Despite the availability of electronic payments, paper checks remain a popular payment method. This primer details why lockboxes remain a beneficial way of managing paper checks for businesses.

This month we shipped several new updates including permissioning updates for better risk control, RTP automatic payment retries, and sandbox testing for processing originated returns.

Marketplaces are a growing industry, and their payment operations can get increasingly complex. This guide explores the ways Modern Treasury can help streamline processes for all types of marketplaces as they scale.

A few months ago we conducted a reverse interview with one of our favorite business podcasts: Acquired. Today, we're excited to share it.

The bank onboarding process can be long and confusing. In this guide, we hope to demystify the process and help you go live with your bank faster.