Visa takes on larger cross-border payments: No cards involved

Katharine Morton

Head of Trade, Treasury and Risk

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In mid-June, Visa made the bold call that it was taking on SWIFT on facilitating direct, bank to bank transactions and going head on in the cross-border payments space for larger corporate payments. TXF asked Kevin Phalen, head of global business solutions at Visa, to go into more detail about Visa B2B Connect. It’s very much not about cards.