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# Ultra-Secure Global Payment Systems
Visa B2B Connect is a Safe Conduit for Global Transactions

By Joey Haar | Published 2016-11-03 | Business
Source: Trend Hunter, https://www.trendhunter.com/trends/visa-b2b-connect
References: [news.sys-con](http://news.sys-con.com/node/3937699) & [businesswire](http://www.businesswire.com/news/home/20161021005212/en/)

The digital revolution has made transferring funds across vast geological distances incredibly expedient, but with that speed comes potential security issues, and [Visa](https://www.trendhunter.com/trends/veem) B2B Connect is a system for making those transfers safer. Visa B2B Connect fills in a key step in the process of transferring funds on a global scale, securely moving funds between international financial institutions.

The system was developed as a collaboration between Visa and Chain. It uses Chain Core, "an [enterprise blockchain infrastructure](https://www.trendhunter.com/trends/blockchain-visibility-engine) that facilitates financial transactions on scalable, private blockchain networks," according to the press release. For businesses, the [B2B payment system](https://www.trendhunter.com/trends/databrew) should thus improve delivery time, offer transparency into the transaction process, and make the upfront costs readily apparent.

Visa B2B Connect will open as a pilot project in 2017.

## Trend Insights (Trend Hunter)

- Score: 1.9/10
- Popularity: 12% | Activity: 36% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Gen X
- Top markets: North America, Europe, Asia

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [New Ventures](https://www.trendhunter.com/newventures)

## Key Themes

### What's Driving This Trend

- **Global Blockchain Payment System:** Visa B2B Connect uses blockchain to ensure secure global financial transactions.
- **Enterprise Blockchain Infrastructure:** Chain Core provides a framework for developing scalable, private blockchain networks.
- **Transparency in B2B Transactions:** Visa B2B Connect provides transparency and visibility into the transaction process.

### Who This Affects Most

- **Financial Services:** Visa B2B Connect is disrupting the traditional financial services industry by using blockchain technology to secure global payments.
- **Enterprise Technology Solutions:** Chain Core presents a disruptive innovation opportunity for enterprise technology solutions by offering blockchain infrastructure for financial transactions.
- **Business-to-business Payments:** Visa B2B Connect provides unprecedented security and transparency in B2B payments, disrupting traditional payment methods.

## Related on Trend Hunter

- [Simple B2B Payment Apps](https://www.trendhunter.com/trends/b2b-payment-app.md)
- [Business-Oriented Visa Cards](https://www.trendhunter.com/trends/veem.md)
- [Modernized Fleet Financial Systems](https://www.trendhunter.com/trends/ready-for-fleet.md)
- [Digital Commercial Payment Apps](https://www.trendhunter.com/trends/mastercard-3.md)
- [Travel Sector-Focused Payment Tools](https://www.trendhunter.com/trends/b2b-payments.md)
- [Virtual Supplier Spending Cards](https://www.trendhunter.com/trends/connexpay-flex.md)
- [B2B Credit Decision Tools](https://www.trendhunter.com/trends/b2b-credit.md)
- [Gen Z Payment Solutions](https://www.trendhunter.com/trends/visa-and-pismo.md)
- [AI-Powered Digital Banks](https://www.trendhunter.com/trends/revolut-2.md)
