APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    Visa Partners with Chain to Improve Global B2B Payment Methods Using Blockchain Technology

    Visa announces the launch of Visa B2B Connect, built on the blockchain technology of Chain to give financial institutions a simple, fast and secure way to process B2B payments globally.  

    Visa Partners with Chain to Improve Global B2B Payment Methods Using Blockchain Technology

    By

    Apac CIOOutlook | Wednesday, October 26, 2016

    Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

    SAN FRANCISCO, CA: Visa announces the launch of Visa B2B Connect, built on the blockchain technology of Chain- a technology company that partners with various organizations to build, deploy, and operate blockchain networks that enables financial products and services. Visa B2B Connect is a platform by Visa giving financial institutions a simple, fast and secure way to process B2B payments globally.  

    The platform provides a real-time transaction system that is bases on Chain Core, an enterprise blockchain infrastructure that facilitates financial transactions on scalable, private blockchain networks. Visa B2B Connect, managed by Visa end-to-end, is designed for the exchange of high-value international payments between participating banks onbehalf of their corporate clients.

    Visa aims to improve the international B2B payment methods by offering clear costs, improved delivery time and visibility into the transaction process.  The process is predictable and transparent, offering banks and their corporate clients receive real-time notification and finality of payment. It reduces the investment and resources required by banks and their corporate clients to send and receive business payments. Also it’s signed and cryptographically linked, ensuring an immutable system of record and providing secure transactions. All parties in the Visa B2B Connect network are known participants within the private blockchain architecture that is operated by Visa.

    "The time has never been better for the global business community to take advantage of new payment technologies and improve some of the most fundamental processes needed to run their businesses," says Jim McCarthy, Executive Vice President, Innovation and Strategic Partnerships, Visa Inc. "We are developing our new solution to give our financial institution partners an efficient, transparent way for payments to be made across the world."

    More in News

    The Journey Towards Smart City Development

    The Journey Towards Smart City Development

    Harnessing Big Data Analytics to Enhance Business Strategies

    Harnessing Big Data Analytics to Enhance Business Strategies

    AI's Role in Apac's Digital Transformation Journey

    AI's Role in Apac's Digital Transformation Journey

    Impact of Digital Transformation on Retail

    Impact of Digital Transformation on Retail

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/visa-partners-with-chain-to-improve-global-b2b-payment-methods-using-blockchain-technology-nwid-3298.html