Visa Launches Global AI Platform for Commercial Payments

Visa officially introduced the VCS Hub, designed to simplify and accelerate corporate payments, automate invoice processing, and integrate financial operations into business applications. The new platform is already available to card issuers and FinTech companies worldwide.

The VCS Hub is the result of a successful pilot project and now provides a full cycle of corporate settlements, from invoice payments and supplier management to flexible one-time transactions. One of its key advantages is seamless integration with accounting systems and ERP solutions, simplifying financial processes and enhancing security.

In the coming months, the platform will be expanded with new features centered on generative artificial intelligence (GenAI). Key capabilities include:

1. Automated settlements. AI modules forecast business needs, optimize cash flow, and eliminate manual delays.
2. Embedded payments. Visa’s open APIs enable integration of payment solutions into any business application.
3. Analytics and forecasting. GenAI delivers real-time insights, predicts trends, and helps improve decision-making.
4. Personalized experience. The system provides recommendations and alerts to boost business efficiency.

According to Gloria Colgan, SVP and Global Head of Product at Visa Commercial Solutions, the launch of the VCS Hub represents not just modernization but a complete rethinking of commercial payments. The platform unites previously fragmented systems into a single intelligent space, unlocking new revenue streams and growth opportunities for clients.

Visa already started consultations with new card issuers and FinTech firms, inviting them to join the VCS Hub ecosystem and explore its potential for driving digital transformation in business. More details on how financial companies are leveraging GenAI solutions can be found in a special feature on CP Media.