Guides

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.

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.

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.

An FBO account is a custodial account that lets a company manage funds on behalf of, or "for the benefit of" their users without assuming legal ownership of that account.

Digital wallets are some of the most widely-used financial products today. This guide describes the bank and payments infrastructure underlying digital wallets and how you could build one using Modern Treasury.

Escrow is a payment setup where the payer sends funds to a third party rather than directly to the payee. If certain conditions are met, the third party routes the funds to the recipient; if not, the funds get returned to the sender. Escrow is particularly useful for high value payments because the payer can rely on the escrow provider as a responsible intermediary of the funds.

Last week, we announced support for self-serve sign up. When signing up, customers can now pick between three options for bank connection: Instant Bank Partners, Supported Bank Partners and Custom Bank Partners. 

The process of tying a payment to a transaction is called reconciliation and it is essential for a business to understand how completed and in-progress transactions add up to the cash balance in its bank account. 

This is where two goals can sometimes come in conflict: responding to customer requests as fast as possible, and managing the financial controls around payments. So we’ve built tools for a customer support team to get access to the information they need while creating flexible controls to ensure a business is safe and protected.

This post is a guide to the operational, money movement aspects of private investing. While the specifics of the investments and the horizon for repayment might vary widely, we hope that this guide is useful in simplifying and demystifying how a fund might automate some of its internal operations.