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ClearBank and Visa Announce Partnership for Issuance and Money Movement Solutions
Oct 29, 2024•over 1 year ago
Contract Type
partnership
LondonFinancial ServicesSoftwareFinanceFintechBankingDescription
ClearBank and Visa have announced their intention to collaborate for Issuance and Money Movement solutions, enabling clients to process both local and cross-border transactions. The partnership also has plans to launch Visa Direct, the money movement solution that includes real-time cross-border payments to cards, accounts and wallets in over 190 countries, in-country local collections and multi-currency money management.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months