Modern Treasury
Payment operations: ledgering, reconciliation, and bank connectivity in one layer.
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Overview
Modern Treasury is a payment operations platform covering ledgering, bank connectivity, reconciliation, and approval workflows.
It provides a double-entry ledger for tracking balances, connections to major US banks, automated reconciliation against bank statements, and payment orchestration over ACH, wire, RTP, and cheque. It works alongside existing bank relationships rather than providing the underlying accounts.
Common use cases
- Keep a double-entry ledger of customer balances
- Reconcile bank statements against internal records
- Send ACH, wire, and RTP payments from one API
- Require approvals before money leaves an account
Key Features
- Double-entry ledger designed for money movement
- Bank connectivity across major US institutions
- Automated reconciliation against bank statements
- Payment orchestration over ACH, wire, RTP, and cheque
- Approval workflows and audit trails
- Virtual accounts and counterparty management
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