Mired in paper and inefficient processes, B2B payments need an overhaul. That’s especially when done cross-border, because tracking fund flows between corporates becomes an onerous undertaking across time zones and currencies. Visa B2B Connect has been billed by the payments giant as a new, tech-driven way...
Visa has announced new product details in anticipation of the first quarter 2019 launch of its new cross-border B2B payments solution B2B Connect. “With B2B Connect, we’re developing a new way for businesses to make cross-border, high-value payments — fixing broken processes and breaking down...
UnionBank has announced that several community banks in the Philippines have signed on as partners to develop the blockchain platform underlying Visa’s B2B Connect solution. Reports from the Philippine News Agency said UnionBank Senior Executive Vice President and Chief Technology and Operations Officer Henry Rhoel...
Visa, the payments company, announced Wednesday (Nov. 15) that it is enabling bank-to-bank test transactions with a handful of partners, including Commerce Bank in the U.S., Shinhan Bank in South Korea, Union Bank of the Philippines and United Overseas Bank in Singapore. In a press...
July 24, 2019
Visa posted fiscal third quarter results that showed a rebound in cross border transactions, and continued gains in payments volumes overall. Management also said on the post earnings conference call Tuesday (July 23) that recent acquisitions to spur cross border transactions are slated on track to close or contribute to results by the end of […]
April 25, 2019
Mired in paper and inefficient processes, B2B payments need an overhaul. That’s especially when done cross-border, because tracking fund flows between corporates becomes an onerous undertaking across time zones and currencies....
October 22, 2018
Visa has announced new product details in anticipation of the first quarter 2019 launch of its new cross-border B2B payments solution B2B Connect. “With B2B Connect, we’re developing a new...
November 16, 2017
Visa, the payments company, announced Wednesday (Nov. 15) that it is enabling bank-to-bank test transactions with a handful of partners, including Commerce Bank in the U.S., Shinhan Bank in South...
