Following this integration, the J.P. Morgan Payments Partner Network will allow mutual customers to discover, search, and learn about partner product solutions in order to help build, implement, expand, and optimise payment strategies based on their business needs.
In addition, both financial institutions will continue to focus on meeting the needs, preferences, and demands of clients and users in an ever-evolving market, while also optimising the process of remaining compliant with the regulatory requirements and laws of the industry.
Treasury4 was developed in order to provide a modern, optimised, and secure treasury management system, with open data architecture that designs a single source of truth for all customer treasury data, including cash and cash equivalents. Its participation in the J.P. Morgan Payments Partner Network also builds on the company’s relationship with J.P. Morgan’s Seattle-based Commercial Banking team.
Through the Payments Partner Network, users will also be given the possibility to automate the secure ingress of J.P. Morgan bank account balances and transactions, with the Morgan Money investment holdings and transactions, into Cash4, the powerful global cash management, reporting, and forecasting solution from Treasury4. Cash4 focuses on delivering improved categorisation in the industry, offering treasury teams the opportunity to manage global cash with security.
J.P. Morgan Payments combines treasury services, trade and working capital, as well as card and merchant service tools in order to enable customers to pay employees in different currencies around the world. Treasury4’s participation in the network is expected to accelerate the efforts of delivering deeper data insights and rapid time-to-value for the data-driven treasure and financial professionals present in the current market.
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