TL;DR
- Trimont will use JPMorgan’s Kinexys platform to automate loan payments and accelerate fund flows to lenders.
- The system reduces transaction settlement times from two days to minutes by identifying payments, verifying amounts, and distributing funds automatically.
- Kinexys enables 24/7 programmable payments, operating outside traditional banking hours, and Trimont plans to expand its use to fully automate loan operations.
Trimont LLC, an Atlanta-based commercial real estate loan servicing firm, began using JPMorgan’s Kinexys Digital Payments platform to speed up and automate loan payment processing.
The company manages roughly $730 billion in loans and previously faced settlement times of up to two days to complete transactions between lenders. With Kinexys, this process can now be completed in minutes, as the system automatically identifies incoming payments, verifies amounts, and distributes funds to recipients. This allows clients to receive payments faster, generating tangible financial benefits.
Kinexys was launched in 2019 and currently handles around $3 billion in daily transactions, a fraction of JPMorgan’s total daily payment volume of approximately $10 trillion. The network supports programmable payments, activated in 2023, which automate cash movements based on pre-set conditions. This functionality makes payments flexible and efficient, allowing them to operate outside traditional banking hours and behave more like data than conventional financial systems.
Trimont Plans to Deepen Payment Automation with Kinexys
Bill Sexton, CEO of Trimont, stated that the company plans to expand the use of Kinexys over the next year, further automating payments in its daily operations. Naveen Mallela, global co-head of Kinexys, highlighted that programmable payments allow “embedding software into money and making money smart,” emphasizing blockchain’s potential to transform financial infrastructure by combining speed, control, and flexibility.
Corporate interest in blockchain-based payment systems has grown due to new regulations in the United States and other regions, particularly around stablecoins—cryptocurrencies pegged to less volatile assets like the dollar that enable more secure and predictable transactions. Trimont joins a growing list of companies integrating cryptocurrencies and decentralized technologies into their operations, following examples set by platforms like Mesh and Stripe.
Trimont’s adoption of blockchain technology demonstrates a clear shift in commercial finance, where efficiency, automation, and continuous payment availability have become essential factors
