India Denies Apple's Request to Delay Antitrust Investigation
Bank of America is advancing B2B payment solutions with its new Virtual Payables Direct, which combines the benefits of virtual cards and bank transfers to streamline cash flow management for businesses. This hybrid solution addresses the needs of both buyers, who seek to optimize working capital, and suppliers, who prefer quick settlements. The system aims to phase out legacy payment methods and improve integration with existing financial systems, with plans to expand into more currencies and regions by 2025.