New Financial Infrastructure Enables Mid-Market Firms to Earn on Idle Cash

Lorum, a specialist transaction banking and correspondent infrastructure provider, has launched a major upgrade to its institutional cash management suite. The new yield-bearing capability allows corporate treasurers to earn returns on active operational cash balances through a single API and ledger—expanding beyond traditional clearing, custody, and FX services.

Addressing Fragmentation in Corporate Treasury

Managing cross-border capital typically requires navigating a fragmented patchwork of legacy relationships: asset managers for yield, separate transactional banks for clearing, specialized custodians, and wholesale brokers for FX. Traditional banks often prioritize their lending metrics over maximizing returns for clients with smaller balances.

Lorum’s architecture unifies these functions into a single relationship, allowing institutional clients to generate yield from capital that would otherwise sit idle in payment pipelines. This includes:

• Execution Pools: Balances held on standby for FX transactions
• Operational Buffers: Liquidity reserves for managing settlement variances
• Settlement Gaps: Capital locked during cross-border payout processing

Targeting the Mid-Market Financial Ecosystem

The new service specifically addresses a gap in the market—mid-market financial firms, payroll operators, marketplaces, and global employment platforms often lack direct access to short-term U.S. Treasury bills or high-grade money market funds.

“We’re basically building a new-age BNY tailored for these underserved players,” stated George Davis, founder and CEO of Lorum. “Treasurers want their cash working while retaining control—with no hidden incentives from the provider.”

A Trust Bank in Progress

The expansion follows aggressive scaling at Lorum, which already powers high-volume institutions like dLocal, RemotePass, and TerraPay. The company recently applied for a national trust bank charter with the OCC to secure direct access to the Federal Reserve—a strategic step toward becoming an independent financial infrastructure provider.