JP Morgan onboards Modern Treasury to its Payments Partner Network 

Credit: Shutterstock

Payments system provider Modern Treasury is now a member of the JP Morgan Payments Partner Network. 

The membership will allow Modern Treasury to support companies in finding, integrating and scaling solutions that are compatible with the JP Morgan Payments Platform. 

Using Modern Treasury’s software, enterprises can integrate directly with JP Morgan’s treasury offering, embedding payments in the process for increased revenue and streamlined fund flows. 

The news is part of a collaboration between both companies that began in 2019 when JP Morgan became Modern Treasury’s first partner for the rolling out of Real Time Payments capabilities. 

Modern Treasury additionally provides access to JP Morgan’s core banking offerings like domestic and cross-border payments (ACH, Global ACH, Wires, Checks), virtual accounts (VRNs), and enhanced balance and transactions reporting.

Dimitri Dadiomov, CEO of Modern Treasury, commented: “We are excited to continue our strong relationship with JP Morgan in serving some of the most innovative companies around the world.

“The Payments Partner Network is an excellent example of JP Morgan’s commitment to evolving client needs and leadership in the market. Together, we look forward to delivering the best solutions for leading corporate clients as the global payment ecosystem continues to evolve.”