Payments Industry News

General

Payment Innovation

The Role of Open Banking in Modern Payment Systems

July 9, 2025

TransCard

Companies with complex payment flows lose time switching between systems, tracking transactions, and relying on outdated reports. Open banking removes these delays by giving businesses secure, real-time access to their bank data through authorized applications. Read More

General

Cost-Savings

Payment Innovation

Still Relying on Checks? It Might be Time to Reconsider

June 24, 2025

TransCard

Even the United States’ federal government is moving to modernize payments. In a recent executive order, the White House outlined plans to shift away from paper-based systems toward faster, more secure digital methods. Last year alone, maintaining checks cost the federal government over $657 million. Yet many businesses continue to rely on checks, facing the same inefficiencies and avoidable costs that the government is now working to eliminate. Read More

General

Partnership

Transcard Partners with Thredd to Accelerate Global Expansion

May 27, 2025

Transcard

PRESS RELEASE: Read More

General

Cost-Savings

Payment Innovation

Virtual Cards Are Growing for a Reason

May 19, 2025

TransCard

Virtual cards are not new, but their adoption is accelerating. Read More

General

Cost-Savings

Payment Innovation

Trade Finance Without the Headaches: How Finance Leaders are Gaining Control

April 30, 2025

Transcard

Trade finance supports 80-90 percent of global trade, yet outdated processes create cash flow bottlenecks and inefficiencies. With the market expected to reach 79.4 billion dollars by 2026, finance leaders are shifting to smarter, embedded lending solutions to improve liquidity, reduce risk, and strengthen supplier relationships. The shift toward embedded trade finance is solving these challenges, making payments faster, more flexible, and more cost-effective. Read More

General

Payment Innovation

Technical

Converting Payment Data into Action with AI

April 9, 2025

Transcard

Finance teams have long relied on slow, outdated payment processes and static reports that offer little real-time insight. But what if payments could be more? Artificial Intelligence (AI) is turning transactions into actionable insights, helping businesses optimize cash flow, reduce risk, and make smarter financial decisions. Read More

General

Payment Innovation

Technical

AI in Action: The Role of Generative and Agentic AI in Financial Decision Making

April 2, 2025

Transcard

What if your payments could do more than just move money? Behind every transaction is a stream of data that, when analyzed effectively, holds the key to stronger financial decisions. Artificial Intelligence is helping finance and treasury teams uncover patterns, surface risks, and generate insights no human could process manually at the scale and speed that today's business demands. Read More

General

Payment Innovation

Transcard Modernizes B2B Payments with Agentic AI

March 31, 2025

Transcard

PRESS RELEASE: Read More

General

Payment Innovation

Platform Features

Transcard Announces New Insights Report on Payments

March 11, 2025

Transcard

For finance leaders, the challenge isn’t keeping up, it’s staying ahead. From inefficiencies in payment processes to the rising costs of outdated systems, businesses face real risks if they don’t adapt and modernize. The payment ecosystem continues to evolve with market changes, customer demands, and new technologies. These changes can be perceived as challenges or opportunities. To capture a better understanding of the market, Transcard conducted surveys and executive interviews with a variety of customers and subject matter experts across verticals and partners including Microsoft, Mastercard and Monex. Data was collected on current payment operations, digital transformation, and the use of payment APIs. The research explored hot topics such as AI adoption and the impact of trade finance. Additionally, future development outlooks were collected through questions focusing on the next three to five years. Through their research, Transcard learned how organizations are navigating changes, tackling new standards, what they think about AI and the future landscape. Transcard’s new Insights Report captures valuable findings and includes quotes and opinions of prominent partners and treasury leaders. Here are just a few of the solutions covered in the report: Read More

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