TriumphPay announced that in January, the payment platform division of TBK Bank, SSB, had successfully beta tested TriumphPay’s full open payments network, leveraging recent technology investments to provide an undisclosed number of remittances between two payors and five payees from initial invoicing to final payment.
After TriumphPay acquired cloud-based automation software Hubtran in April for $97 million, its plan was to use that back-office technology to create a single, integrated payments...