commercial payments

Bank of America now allows companies to lock in foreign exchange (FX) rates for up to one year. The Guaranteed FX Rates offering simplifies the management of FX risk associated with cross-border payments and receipts, mitigates…

Visa has introduced a way for customers to tap the multitrillion-dollar commercial payments market. The Visa Commercial Solutions (VCS) Hub, announced Thursday (Oct. 3), is designed to help financial institutions and businesses…