Latest Journal Entries

08
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18
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Guides
How Neobanks Can Use Virtual Accounts

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.

08
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05
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Payments Primers
Why are Lockboxes Still Popular?

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.

08
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02
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Changelog
July Changelog

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.

07
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29
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21
Guides
How Marketplaces Use Modern Treasury

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.

07
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18
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21
Behind The Scenes
Modern Treasury on the Acquired Podcast

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

07
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12
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21
Guides
How Does Bank Onboarding Work?

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.

07
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09
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21
Changelog
Add MetaBank Support

Modern Treasury has now added support for customers of MetaBank.

07
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01
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Changelog
June Changelog

In June, we shipped several new updates on our dashboard, such as notifications for approval rule changes, configuration options for NetSuite integration, in-dashboard support for international accounts, and more.

06
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29
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21
Guides
When and How to Set Up an FBO Account

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.

06
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17
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Behind The Scenes
Why We Built Ledgers

On Monday, we announced Ledgers, our new product that helps businesses manage their books. Here's the story behind why we built it.