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Sam Altman’s World Network Reportedly in Talks With Visa for Stablecoin Payments

Fintech News

The plan would link Visa card functionality to World Wallet, part of a broader push to offer foreign exchange, fiat on- and off-ramps, and crypto payment tools in a single app. The effort is being led by Tools for Humanity, the company behind Worldcoin and World Network, which was co-founded by OpenAI CEO Sam Altman.

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The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. to allow the challenger bank to become a commercial card issuer.

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FinTechs Tout Corporate Cards’ Working Capital Opportunity

PYMNTS

With corporate card products offering an opportunity for businesses to manage their working capital, service providers have explored new opportunities to promote adoption of the payment tool. Some FinTechs are targeting small businesses directly with technology to ease card payment and acceptance capabilities.

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The Economic – And Ergonomic – Value Of Commercial Card Optimization

PYMNTS

But according to Leavitt, more often than not, a company already has a commercial card program in place, yet has failed to fully optimize the value of those cards, with much of their credit lines going unused. “We’re seeing a lot more of that mentality.”

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Corporate Cards Tackle Industry-Specific Pain Points

PYMNTS

This week, Mastercard announced a partnership with Danish FinTech Cardlay in an initiative to expand Mastercard’s commercial card presence throughout Europe by connecting card issuers with technology that augments their own corporate card offerings. Cards Tackle Event Planning Expenses.

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Commercial Cards Still Face Adoption Barriers

PYMNTS

The research group announced last week the release of its newest report, “Supplier Enablement of Cards in B2B E-Payments Requires Persistence, Data and Technology.” The report explores how card issuers and corporate buyers are approaching this challenge to convince suppliers to accept cards in B2B payments.

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New EMV Standard Could Reduce Abandoned Shopping Carts

PYMNTS

A new payment tool promises to ease a good deal of that friction. As for EMVCo, it spent last year acquiring feedback from across the payment ecosystem on the specifications. The organization wants to allow merchants, payment networks and card issuers, among other payment industry participants, to contribute to version 1.0.

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