Visa partners with Transcard to launch next-gen embedded finance platform. (RTTNews) - Visa Inc. (V), Tuesday announced a collaboration with Transcard to launch a next-generation embedded finance platform, designed to power payments and working capital solutions in the freight and logistics industry. This alliance puts embedded credit and working capital solutions in the hands of freight forwarders and airline carriers on WebCargo by Freightos, the company noted. This partnership combines Visa's global expertise in commercial solutions with Transcard's leading-edge payment orchestration technology, helping WebCargo users to gain access to flexible credit terms, seamless onboarding and automated reconciliation for air cargo transactions. The company expects the partnership to leverage its technology as well as expertise to help businesses streamline operations. In the pre-market hours, Visa's stock is trading at $336.90, up 0.01 percent on the New York Stock Exchange. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Transcard announces a strategic partnership with Thredd to support the rapid global expansion of the SMART Suite, a fully embedded and automated AI payment orchestration platform. Now live in Canada and soon in the UK, the partnership expands payment method optionality for customers and recipients for both B2B and B2C applications offering virtual cards.“Many of our multi-national customers want the same end user experience in other countries as we provide in the US. Thredd’s global issuance and partner network allows us to enhance the number of payment methods available on greatly accelerated timelines,” said Greg Bloh, Transcard CEO. “As we enter new markets, it is important to understand the unique requirements of each country and having Thredd as a global partner helps us meet localization requirements much more efficiently.”“We’re excited to partner with Transcard to help power their global ambitions,” said Jim McCarthy, CEO of Thredd. “Innovation is the lifeblood of any payments business, and Transcard’s SMART Suite is a great example of how an embedded payment solution can deliver real value. Together, we’ll support Transcard’s expansion plans and enable seamless, localized payment experiences that scale across borders.”The partnership unlocks a wide range of use cases across B2B, B2C, and BNPL (Buy Now, Pay Later) segments