Modern Treasury Joins U.S. Bank's Network

<p>Modern Treasury, a company that’s changing the payments game and U.S.
Bank are coming together in a partnership that aims to make payments headache-free.</p><p>We're living in a world where payment processes are going through a
dramatic makeover, with lightning-fast payment rails like the FedNow® Service
and an abundance of embedded solutions. This is where <a href="https://www.financemagnates.com/tag/payments/" target="_blank" rel="follow">payment</a> products take center
stage, pulling the strings of strategic growth. Now, for those lucky souls who
are already in working with both <a href="https://www.usbank.com/index.html">banking
holding firm</a> U.S. Bank and <a href="https://www.moderntreasury.com/">payments
firm</a> Modern Treasury, this partnership is about to make life even sweeter.</p><p> Modernizing Payments</p><p>Nick Farrow, Head of Bank Partnerships at Modern Treasury, showed his
enthusiasm for the agreement, "Modern Treasury is thrilled to be among the
first batch of partners in the U.S. Bank Connected Partnership Network as we modernize
<a href="https://www.financemagnates.com/terms/p/payments/">payments</a> for companies large and small. With the Connected Partnership Network,
our joint clients will be able to more efficiently manage their payment and
treasury processes."</p><p>The U.S. Bank Connected Partnership Network is all about making the lives
of corporate treasury teams much, much easier. It's like a treasure trove of
connected technologies that you can easily grab from the bank's arsenal. This
means fewer headaches and more time for businesses to implement top-tier treasury
management services.</p><p> Removing Friction from the Payment Process</p><p>Anu Somani, the head of global payables and embedded payments at U.S.
Bank, said, "The aim of the Connected Partnership Network is to make it
seamless for companies to connect to U.S. Bank and remove friction from the
payment experience. With the Network, clients can connect U.S. Bank payments
within their own systems, avoiding the need to use numerous platforms."</p><p>Modern Treasury isn't playing favorites here; they're cozying up to
over 30 other banks, including big shots like <a href="https://www.bmo.com/en-ca/main/personal/" target="_blank" rel="nofollow">BMO</a>, <a href="https://www.financemagnates.com/tag/goldman-sachs/" target="_blank" rel="follow">Goldman Sachs</a>, and <a href="https://www.financemagnates.com/tag/jpmorgan/" target="_blank" rel="follow">J.P.
Morgan</a> Payments Partner Network.</p><p>Payments, ever the pain, might just be becoming
a little less of a hassle.</p>

This article was written by Louis Parks at www.financemagnates.com.