Modern Treasury

Interesting deep dive into how Modern Treasury solved race conditions in payment systems. Thanks to Alvaro Duran who explored what we call "event locking" — an elegant approach to handling multiple transactions hitting the same account at once. The solution? A separate versioning system that maintains data integrity while improving code quality. Read the full analysis: https://lnkd.in/giMumBCt

Launching new products drives growth—but scaling payments to match can be a challenge. Whether you're embedding payments into a platform, launching a card program, or incorporating payments some other way, robust payment operations are essential. Explore how Modern Treasury helps businesses like Procore Technologies streamline payment operations as they grow and innovate: https://lnkd.in/g2RdQQNC

We're excited to welcome Paul Auvil to the Modern Treasury Board of Directors. Paul brings deep enterprise leadership experience, having served as the CFO of both VMware and Proofpoint. His expertise will be invaluable as we continue to scale our business and serve customers across a broad sector of the economy. Welcome, Paul!

We're thrilled to be joining?Cross River’s?webinar today at 1pm ET to discuss FDIC’s proposed FBO record-keeping rule and what it means for fintechs and banks. Our very own Kojiro M. will join Plaid’s?Dana Weinstein, Bank Director’s?Kiah Lau Haslett, and?Cross River's?Keith Vander Leest?for a thoughtful conversation. There's still time to register: https://lnkd.in/gszqFePJ

As more companies embed payments into their products, they’re moving from first-party to third-party payment flows, where businesses move money on behalf of customers. Here’s why it matters: Seamless integration: Unlike first-party or operational/financial payments, third-party payments are product payments embedded within the product application. They’re considered part of the company's COGS (Costs of Goods Sold). Revenue lift: Third-party payments deliver significant product and revenue benefits, allowing companies like Airbnb and Starbucks to embed payments in their platform, reach new markets, and create new revenue streams thanks to simplified payment structures. Ten years ago, few companies embedded payments within their applications. But as software and payment innovation continue to converge, embedded payments have become one of the most dynamic payment areas.

?Discover how Wholesail launched a B2B payments platform using Modern Treasury.

Curious about the ROI of instant payments? Businesses that use FedNow/RTP can save up to 10x on wire payments! Get your personalized savings estimate: https://lnkd.in/gmXyFsEK

Fun way to kick off Money 2020 with Mark Gould of Federal Reserve Financial Services - we live at such a historic moment. The first new payment rail introduced since the 1970s. Truly a once-in-a-generation opportunity to innovate in payments with FedNow and bring forth the instant economy.

The energy at Money20/20 is electric! We love connecting with the fintech community and sharing how we help companies adapt and thrive in a real-time world. From packed speaking sessions to great conversations at our booth, we're excited to shape the future of payments with this great community. See what we're up to at booth #9001!

Managing payroll has never been more complex, but AI and automation are changing the game. As Patrick Harrington, Head of AI at Modern Treasury, notes: "Now is the time to leverage AI for productivity enhancement. This technology is not just a future concept; it's a present tool that can significantly enhance efficiency and accuracy." Ready to unlock the benefits of AI for your payroll operations? Learn more about how Modern Treasury’s platform is helping companies save time, cut costs, and boost employee satisfaction. Read more: https://lnkd.in/gPnvNXgz