Payments Primers

As more companies are embedding payments into their products, payment flows are changing. More than traditional accounts payable and receivable, or first-party payments, there are now third-party payments, where businesses move money on behalf of customers. This post looks at these two payment flows and why they matter.

Software-integrated payments are fast-becoming the new normal. In this journal, we look at how software infiltrated the payments space, how it enables better experiences, and why this matters.

Whether a business chooses to sit in the flow of funds depends on a number of factors. This journal looks at the cost implications of being inside or outside the flow of funds.

When building a marketplace solution, there are many considerations for how to structure payments to streamline operations. This journal looks at four questions to keep in mind when designing marketplace payment flows.

Modern marketplaces need to consider how to design payment flows to move money between buyers and sellers. In this journal, we outline why it can be beneficial for the marketplace to be directly in the flow of funds.

When a business sits "in" the flow of funds, it means that money will, at some point, pass through the business' bank account. This primer digs into funds flow models and the risks and benefits associated with sitting in the flow of funds.

Modern Treasury uses a field called "Effective Date" to represent the date of a payment. This journal takes a look at payment timelines and why the Effective Date does not mean date of transmission.

Nacha has over 80 codes for ACH returns. In this primer, we look at the ACH return that happens if you debit a blocked account and other common ACH return codes.

Sending money internationally can be complicated. This post explains how to use ACH rails to send money abroad, using the International ACH Transaction (IAT) specification and the FedGlobal ACH program.

Core banking systems revolutionized the way we manage money. In this Payments Primer, we dig into how they work and how they compare to modern day payment solutions.