Immediate and Same-Day Transfers with Local Rails
Businesses leveraging AED accounts benefit from access to two key local transfer mechanisms: Immediate Payment Instruction (IPI) and Real-Time Gross Settlement (RTGS). Both systems are regulated and standardized by the UAE banking network, offering robust and secure transaction methods suited for different operational needs.
IPI enables real-time fund transfers and is ideal for small to mid-sized transactions requiring instant confirmation. This functionality is especially valuable for businesses dealing with a high volume of customer payments or vendor payouts that need to be completed without delay. On the other hand, RTGS supports high-value transactions and ensures same-day settlement, providing a reliable mechanism for enterprise-level remittances and larger invoice payments.
These two rails make it significantly easier for international firms to align with local business norms, avoiding the delays and complexities traditionally tied to cross-border banking systems.
Advantages of Holding Funds in AED
One of the main advantages of maintaining an AED-denominated account is the elimination of forced currency conversions. Businesses can hold their funds in the local currency until they decide to convert based on market conditions, enabling more strategic treasury management.
Avoiding immediate conversion also leads to direct cost savings. For example, a company receiving frequent payments in AED but converting to USD or EUR for operational use could incur significant losses over time due to fluctuating exchange rates and FX margin spreads. Retaining funds in AED provides more control over when and how currency conversions occur, allowing businesses to optimize for favorable rates or operational cash flow timing.
Moreover, maintaining a local currency balance simplifies accounts receivable reconciliation and ensures that invoices match payment deposits without manual adjustments. This is particularly useful when dealing with local suppliers or regulators who require payments and reporting in AED.
How to Activate AED Account Capabilities
Setting up an AED account begins within the platform’s Wallet section. Users initiate the process by selecting AED from the list of available currencies. A brief registration step collects essential business documentation, typically including a valid business license and proof of entity registration.
Once verification is complete, the system generates a unique account number along with bank-specific identifiers such as IBAN, branch code, and local clearing number. These details can then be added to invoices or shared with clients and partners across the UAE to enable direct payments into the AED account.
Because this process is integrated within the same platform used for other currencies, businesses do not need to manage separate dashboards or workflows. AED appears as a separate balance within the existing wallet, making it easy to track and manage alongside other currencies like USD, GBP, or SGD.
Supporting Growth in the MENA Region
Establishing a presence in the Middle East requires more than just sales strategy—it necessitates an infrastructure that supports local operational preferences. Being able to collect AED directly from customers enhances trust, credibility, and ease of doing business.
For example, retail and e-commerce businesses targeting consumers in the UAE can price products in AED, issue invoices in local currency, and avoid prompting customers to complete international wire transfers. Likewise, service providers dealing with government contracts or regional corporations can simplify procurement and payment procedures by offering a domestic bank account.
All of these advantages combine to make local AED collection an essential tool for companies seeking long-term growth in the Middle East and North Africa (MENA) region.
Introducing Multiple Account Owners for Improved Governance
In parallel with the rollout of new currency capabilities, enhanced account ownership features now allow businesses to appoint multiple account owners. This development improves operational continuity, reduces the risk of relying on a single administrator, and allows organizations to distribute financial authority across key leadership roles.
Previously, only one individual held the full ownership rights to the business account, which created bottlenecks and vulnerabilities. In situations where the primary owner was unavailable, important transactions, approvals, or account changes could be delayed. By allowing more than one person to share account ownership responsibilities, businesses can ensure that operations remain uninterrupted regardless of personnel changes.
Steps for Adding Multiple Owners
To add additional account owners, the existing primary owner navigates to the user management section and sends invitations to selected individuals. These new owners must go through a verification process to validate their identity and establish authority over the account.
Once verified, new owners receive the same permissions and capabilities as the original account owner. This includes the ability to manage users, approve or reject transactions, modify settings, and even transfer full account ownership if required. These permissions are especially useful in organizations with multiple departments or executives who need high-level access to financial controls.
This structure enhances transparency, accountability, and oversight—qualities that are vital for businesses scaling across geographies or experiencing rapid headcount growth.
Mitigating Risks with Shared Responsibility
The inclusion of multiple account owners also protects against unexpected disruptions. In the event of extended travel, illness, or resignation of a key team member, operations can continue as usual because ownership duties are shared.
For example, a technology startup with operations in Asia, Europe, and the Middle East may appoint one senior finance leader per region as a co-owner. This ensures that critical financial tasks such as supplier payments, payroll approvals, and foreign exchange transfers can proceed during all time zones and across public holidays or emergencies.
Additionally, organizations can implement internal policies to define how account ownership is distributed. Some may choose a regional model, while others may assign co-ownership based on job function—such as finance, legal, and operations—depending on what best suits the organizational structure.
Boosting Security and Transparency
Shared account ownership is not just about convenience; it also plays a vital role in strengthening security. Each account owner has a traceable login and audit trail, making it easier to monitor account activity and detect irregularities. This feature can be especially useful during audits or when investigating discrepancies.
Because all owner activities are logged, businesses gain clear visibility into decision-making processes. This level of accountability helps prevent unauthorized access, mitigates fraud risk, and aligns with compliance best practices for enterprise financial management.
Upgraded Transfer Fee Transparency and Reconciliation Tools
Another major improvement lies in how transfer fees and transaction records are displayed and managed. Previously, transfer fees were bundled into the net transaction amount, making it difficult to identify exact costs and reconcile against accounting systems. Now, businesses can view each fee as a separate line item, bringing clarity to transaction reports and bank feeds.
This change simplifies the process of matching payments to invoices and enhances categorization within accounting tools. Finance teams can easily distinguish between the principal amount transferred and any fees charged, making the reconciliation process faster and more accurate.
Seamless Integration with Accounting Platforms
For businesses using cloud accounting platforms like Xero, this upgrade is particularly impactful. Transaction records now include references and descriptions that automatically sync into the bank feed, eliminating the need for manual data entry or adjustments.
Transfer fees are listed independently, enabling clear allocation to specific cost categories. For example, a payment of SGD 5,000 to a supplier with a SGD 50 fee will appear as two distinct entries: one for the supplier payment and another for the fee. These can then be mapped directly to “Accounts Payable” and “Bank Charges” in the chart of accounts.
Such granular visibility accelerates the month-end closing process and ensures that financial reports accurately reflect operational spending.
Easier Reconciliation Across Currencies
For businesses that operate in multiple currencies, balance activity reports have also been improved. These now include both the source and destination currencies for conversions, making it easier to track the movement of funds across different wallets.
For example, if a business converts EUR into USD for a supplier payment, the activity log will show the EUR deduction, the USD deposit, and the exact exchange rate used. This level of detail supports better internal controls and reduces the time spent reconciling foreign exchange movements.
In combination with the improved fee tracking, this functionality gives finance teams a powerful set of tools to manage cross-border transfers, analyze transaction patterns, and ensure financial accuracy.
Creating a Unified Financial Workflow
Taken together, the launch of AED collection capabilities, support for multiple account owners, and improved transaction reporting represents a major step forward for global business operations. These features help companies operate more efficiently, manage financial responsibilities with greater control, and reduce the overhead traditionally associated with international banking.
By embracing a structure that supports both local compliance and global scalability, businesses are better positioned to enter new markets, manage risk, and optimize cash flow. Whether expanding into the UAE or simply looking for better ways to manage multi-user access and financial reporting, these updates provide meaningful enhancements to daily operations.
Evolving Business Needs in Global Spend Control
As businesses expand across multiple geographies, managing spend effectively becomes more complex. Different jurisdictions introduce varying compliance obligations, user access policies, and accounting standards. Without a consolidated view, finance teams often struggle with fragmented data, inconsistent policies, and time-consuming manual processes. The introduction of centralized spend management systems is reshaping how companies address these challenges, offering better visibility, compliance, and control over financial operations across entities.
Global spend control is no longer just a luxury—it’s a necessity for organizations that aim to optimize costs, reduce risk, and streamline approvals. With rising pressure on finance leaders to demonstrate transparency and efficiency, the ability to centralize processes like user management, approval workflows, and budget allocation across subsidiaries is becoming a standard expectation.
Centralizing Oversight with Global Entity Management
One of the most impactful developments in this space is the availability of global entity management tools that bring together all subsidiaries under one financial framework. These tools are designed to help organizations centralize control while retaining the flexibility to accommodate local business conditions.
Through a unified platform, finance teams can view and manage financial activity for each entity without switching between logins or relying on siloed systems. The integration allows for standardized policies to be deployed across entities, from expense thresholds to card issuance limits, helping to ensure uniform compliance and governance.
Setting Up Subsidiaries with Operational Consistency
Onboarding a new entity into a centralized system begins with entering key business data, including legal identifiers, base currency, tax jurisdiction, and organizational hierarchy. The system then creates an environment tailored for that entity, including wallet structures, users, permission levels, and spend limits.
Crucially, this environment inherits default global policies unless specifically overridden. For instance, a per diem policy established by the global finance team automatically applies to all new regions, ensuring consistency in employee expense claims. If a subsidiary in a high-cost city needs a higher threshold, exceptions can be configured at the local level without altering global standards.
This ability to balance global consistency with regional flexibility significantly improves operational efficiency. Finance teams can maintain uniform reporting and compliance, while regional managers still have the autonomy needed to respond to local nuances.
Integrated View of Multi-Entity Spend
Once the structure is in place, finance leads gain access to a consolidated dashboard that surfaces all entity-level activity in one interface. This view includes wallet balances, card transactions, reimbursement requests, vendor payments, and pending approvals across all entities.
The system also provides filters and segmentation tools to isolate specific subsidiaries, departments, or cost centers. For example, a global controller can review monthly card usage in the Singapore entity while simultaneously tracking policy compliance for project teams in Dubai and Frankfurt.
Having this real-time, multi-entity insight eliminates the need to request separate reports from each region. It also provides immediate visibility into group-wide liquidity, making it easier to make timely treasury decisions, such as internal fund transfers or batch FX conversions.
Simplifying Global User Access and Permissions
Managing access across a global finance team is often a major challenge. Different user roles, overlapping permissions, and disconnected approval chains can create confusion or leave gaps that expose the business to risk.
Centralized user management addresses this by enabling finance administrators to define and assign user roles across all entities through a single dashboard. Roles such as cardholder, approver, viewer, and administrator can be granted or revoked with precision, and specific permissions like spending limits or approval authority can be adjusted instantly.
User access can also be tied to organizational roles. For example, all department heads in a particular region might automatically receive spending authority of up to a preset amount, while junior staff are limited to lower thresholds. This approach reduces manual intervention, promotes consistency, and helps businesses scale their financial operations as new hires join or change roles.
Configuring Spend Controls and Policy Enforcement
With spend centralized and user access under control, the next step is to implement spend policies that enforce limits and promote financial discipline. These controls govern how corporate cards are used, what types of expenses are allowed, and which transactions require pre-approval.
Policy enforcement can be granular. For instance, organizations can block the use of corporate cards for certain merchant categories, such as gambling or cash withdrawals. They can also apply daily, weekly, or monthly limits on card usage to prevent overspending.
Spend controls can be customized at both global and local levels. A global technology company might enforce a uniform USD 300 limit on client entertainment across all entities but allow its marketing department in New York to exceed that for special events. The ability to set and track these rules in a centralized interface ensures accountability and simplifies audits.
Streamlining Approvals and Workflow Automation
Centralized approval workflows eliminate delays and confusion that arise from manual or email-based approval systems. Every reimbursement, transaction, or payment request follows a predefined path, based on business rules and approval authority.
For example, an expense claim under USD 500 might be auto-approved for mid-level managers, while anything above that automatically routes to a senior finance officer. The system supports multi-level approvals, conditional routing based on region or department, and dynamic reassignment when approvers are unavailable.
Approvers receive real-time notifications with all necessary context, including line item breakdowns, attached receipts, and budget impact. This transparency reduces the back-and-forth often associated with expense approvals and accelerates processing time.
Benefits of Mobile Reimbursement Tools
One of the most requested features in modern expense management is the ability to submit and approve reimbursements via mobile. With a mobile-first approach, employees no longer need to wait until they’re at a desktop to process expenses.
From a smartphone, users can snap photos of receipts, add descriptions, assign the expense to the correct category or project, and submit the report instantly. Mobile functionality drastically improves the timeliness and accuracy of reimbursement submissions, especially for employees in the field, on business trips, or at customer sites.
In addition, mobile apps support real-time tracking of reimbursement status. Employees can see when their report has been approved, when payment is scheduled, and receive a confirmation once the reimbursement has been processed. This transparency builds trust and reduces inquiries to the finance team.
Equal Access for Android and iOS Users
The rollout of mobile reimbursement features to both Android and iOS ensures that all employees—regardless of device—can take full advantage of mobile functionality. Previously, feature disparity between platforms led to inconsistent adoption. Now, whether a team member is using an iPhone or Android-based device, they can access the same interface and capabilities.
This includes the ability to initiate a reimbursement report, upload receipts, track approval progress, and receive status updates. Approvers using Android can also review and accept or reject claims directly from their phone, ensuring that mobile workflows are complete from end to end.
Equal access across operating systems makes expense management more inclusive and ensures that no employee is left using outdated or limited workflows based on their choice of device.
Enhancing Reimbursement Accuracy with Mobile Capture
Another benefit of mobile expense tools is the use of built-in features such as camera scanning, geolocation, and optical character recognition (OCR). When a receipt is captured through the mobile app, the system can automatically extract key details such as the amount, vendor name, and transaction date.
This information pre-fills the reimbursement report, reducing manual data entry and decreasing the likelihood of errors. The app can also detect duplicate receipts, warn users of policy violations, and flag incomplete submissions before they reach an approver. The result is higher data quality, faster processing times, and fewer back-and-forth corrections. For finance teams, this means more accurate reporting and cleaner records during audits.
Real-Time Approvals Without Desktop Dependency
Modern mobile reimbursement systems allow managers and finance leads to approve expense reports instantly from their phones. Each submission includes all relevant data: category, total amount, attached receipts, and a breakdown of individual line items.
Managers can view reports in a consolidated feed, drill into details as needed, and approve or decline with a single tap. This level of convenience eliminates bottlenecks caused by travel, remote work, or device limitations. Approvals happen on the go—whether in transit, between meetings, or outside working hours—resulting in shorter reimbursement cycles and improved employee satisfaction.
Linking Reimbursements to Budget Controls
Integrating reimbursements with budget management tools ensures that all employee spending is tracked against allocated limits. As expense reports are submitted, the system checks for available budgets in the relevant category or project. If a report exceeds the budget, it is flagged for additional review or escalated for higher-level approval.
This real-time linkage between expense claims and budgets helps prevent overspending and provides finance teams with a clear picture of where resources are being used. During budget review cycles, historical reimbursement data can be analyzed to inform future allocations and improve forecasting accuracy.
Security and Compliance in Mobile Environments
Despite the convenience of mobile reimbursement tools, maintaining security and compliance is critical. Mobile apps include multi-factor authentication, encrypted data transmission, and secure document storage to protect sensitive information.
Audit logs track every interaction with a reimbursement report, including submission time, approval status, and any modifications made. These logs are essential for compliance with regulatory standards and can be exported for review during audits or internal investigations. Geo-tagging of receipts and IP logging of submission activity can further enhance accountability, ensuring that reimbursements are processed according to policy and with full traceability.
Supporting Global Teams with Scalable Infrastructure
As organizations grow, so does the complexity of managing employee expenses across regions, currencies, and regulatory environments. A scalable infrastructure that combines centralized spend control with mobile reimbursement tools provides the foundation for long-term efficiency.
Whether a business operates in five countries or fifty, these tools support consistent policies, reliable user experiences, and streamlined financial operations. They reduce administrative burden, promote financial discipline, and provide clear insights into company-wide spending patterns.
Rising Complexity of Payment Disputes
As online commerce scales, payment disputes and chargebacks have grown in frequency and sophistication. For businesses accepting digital payments, disputes are no longer isolated occurrences—they have become a routine operational concern. Whether it’s fraud-related, due to failed delivery, or buyer’s remorse, handling disputes quickly and accurately can determine whether a business preserves revenue or absorbs financial losses.
Traditional approaches to managing disputes are often fragmented, reactive, and reliant on cumbersome email chains or third-party communication. Businesses may lack visibility into the dispute’s status or be caught off guard by refund debits processed without warning. This not only affects cash flow but also weakens customer trust and introduces reconciliation issues downstream.
The need for more intuitive, real-time dispute resolution mechanisms has become paramount. Solutions must integrate notification management, timeline tracking, evidence submission, and compliance monitoring in one seamless system.
Dispute Management with Greater Visibility and Control
A modernized dispute system allows merchants to track every active dispute from a single interface. This centralized view includes status updates such as “evidence required,” “submitted,” “in review,” “won,” or “lost.” Alongside the status, the expected timelines for response windows and provisional debit dates are clearly shown, enabling better cash flow forecasting.
Every dispute includes key contextual details: the transaction amount, date, payment method, dispute reason code, and expected resolution window. This information helps finance and operations teams prioritize which disputes to address immediately and which are already moving through review.
Furthermore, the interface allows evidence uploads in the appropriate format, whether it’s a delivery receipt, communication log, or refund confirmation. This eliminates the need for back-and-forth email correspondence and ensures that required materials are submitted in time to maximize the chance of a successful resolution.
Customizable Notifications to Match Internal Workflows
A common challenge with dispute handling is the overloading of team inboxes with irrelevant or redundant alerts. Modern systems allow businesses to configure their own notification settings based on relevance and urgency.
For example, a finance lead can enable real-time email alerts for high-value disputes above a specified threshold, while a customer service manager receives daily summaries of all newly opened cases. Team-level filtering ensures that relevant personnel are informed without drowning others in excess information.
Notifications can also be directed to shared mailboxes or integrated with internal ticketing systems, ensuring that no dispute is overlooked due to absence or miscommunication. The ability to fine-tune these alerts empowers businesses to act with greater agility and precision.
Improved Timeline Transparency and Next-Step Guidance
One of the most frustrating aspects of dispute management is not knowing what happens next. A well-designed dispute interface resolves this by showing a visual timeline of the case: when the dispute was initiated, when evidence is due, when the provisional debit will occur, and when the final decision is expected.
Beyond dates, actionable guidance accompanies each stage. For instance, if a cardholder claims non-delivery, the system will prompt the merchant to upload delivery confirmation or proof of digital access. If a double charge is alleged, the merchant is advised to provide a refund receipt or transaction log showing only one successful charge.
This structured flow ensures that merchants respond appropriately and on time, significantly improving the chances of winning disputes and reducing revenue leakage.
Personalizing the Dispute Experience with Brand-Aligned Templates
Another aspect of modern dispute systems is the ability to customize communication templates that are sent to customers. Instead of sending generic transactional messages that feel disconnected from the brand, businesses can now design email templates using their own tone, fonts, and logos.
Variables such as customer name, transaction amount, and dispute case ID are automatically inserted, keeping content dynamic yet consistent. This alignment reinforces customer trust, even in scenarios where friction is unavoidable. It also ensures that messages from the dispute process match the company’s overall communication strategy and professional presentation.
Enabling Virtual B2B Travel Cards for the Singapore Market
For travel-oriented businesses in Singapore, managing payments to global airlines, hotels, and transportation providers can be a logistical headache. Many vendors operate in different currencies, require specific acquirers, or impose high card acceptance fees. In this environment, having a virtual travel card optimized for B2B transactions is a game changer.
Virtual travel cards are configured for use in business-to-business contexts, where large transactions and detailed reconciliation are priorities. These cards can be customized for vendor-specific rules, time-bound limits, and integration with travel booking systems.
In addition, virtual travel cards issued in Singapore can transact globally while still operating in SGD as the base currency. This allows local businesses to maintain consistency in their financial records while paying international providers.
Leveraging Rebate Structures and Interchange Flexibility
A powerful advantage of B2B travel cards is the potential to negotiate interchange fees and access rebates. When structured correctly, these cards allow businesses to receive a portion of the interchange back as a rebate, turning spend into an operational advantage.
Travel platforms, aggregators, and corporate booking tools that process high volumes of transactions may be eligible for enhanced rebate rates based on their card usage patterns. For example, a business booking tens of millions of dollars in hotel accommodations per year can configure its card program to optimize for travel-related merchants and secure favorable rebate terms.
This feature converts card usage from a mere payment tool into a revenue-contributing function. Treasury teams can treat the rebate as a line item in financial planning, further reinforcing the strategic value of virtual travel cards.
Merchant Acceptance and Spend Optimization
Another reason businesses adopt B2B travel cards is to improve acceptance rates with global suppliers. Traditional corporate cards are often rejected due to regional processing issues, security restrictions, or acquirer incompatibility. By using virtual cards tied to a travel-optimized issuing network, acceptance improves significantly across hotel chains, low-cost airlines, and regional operators.
Virtual card controls ensure that each card is purpose-specific. Companies can set merchant category codes, currency locks, or single-use rules. These constraints reduce fraud risk and help control budget overruns. For example, a card issued for a hotel reservation cannot be misused at a retail store or ATM.
Card-level reporting adds another layer of intelligence. Each transaction is logged with its merchant, amount, time, and associated project or employee ID. This data supports budget tracking, policy compliance, and tax reporting.
Future Availability in New Markets
Following successful implementation in Singapore, these B2B travel card programs are slated to launch in Australia and the United States. These expansions are strategically aligned with the needs of global travel management companies and enterprise booking systems based in those regions.
To prepare for these launches, businesses can pre-register their interest and define preferred configurations so that card programs can be issued automatically upon release. This proactive approach ensures continuity of operations and early access to the newest features as they become available.
Dispute Client API for Issuers
While merchants benefit from improved dispute workflows, businesses issuing cards—such as platforms running embedded finance or corporate expense tools—also need efficient ways to handle transaction disputes on their side.
The Dispute Client API enables these businesses to programmatically raise and track disputes without relying on manual support channels. Through this interface, developers can build custom dispute handling into internal dashboards, fraud systems, or client portals.
Typical use cases include raising a dispute for an unauthorized transaction, duplicate billing, or failure to deliver goods. By sending transaction IDs, dispute reason codes, and associated documentation via API, businesses can trigger the dispute process directly and receive real-time confirmation that the case is open.
Integrating the API into Automated Workflows
The real strength of the Dispute Client API lies in automation. For example, an internal fraud engine may flag a transaction as suspicious. Instead of alerting a human to investigate, the system can automatically file a dispute via API, attach relevant metadata, and retrieve a case reference number.
This information is then synced with internal records so that compliance officers, finance teams, and support staff can follow up with a shared understanding of the case status. When further documentation is required, a webhook can notify the appropriate team to upload boarding passes, invoices, or correspondence. These workflows save hours of manual labor and reduce the chance of missing response deadlines—key factors in maximizing recovery rates.
Enterprise-Level Recovery Rates and Performance Metrics
Organizations that automate their issuing dispute workflows see a marked improvement in both resolution time and financial recovery. For example, a fleet management company using virtual fuel cards may experience hundreds of small transaction disputes each month due to card misuse or failed POS authorizations.
Before automation, such disputes might be handled reactively with recovery rates hovering around 40 to 50 percent. With API-driven automation, that figure can rise significantly. Enterprises report recovery percentages approaching 80 percent, particularly when evidence submission and response windows are tightly managed by machine logic.
From a reporting perspective, businesses can now track dispute outcomes with precision: time to first response, case closure rate, win/loss ratio, and average refund amount. These metrics feed into broader KPIs such as payment success rate and fraud exposure reduction.
Unlocking Embedded Finance Capabilities
For platforms offering financial products to their users, embedding dispute handling into the client experience unlocks new possibilities. For instance, a property management SaaS might let landlords issue prepaid repair cards to vendors. If a transaction is disputed—for example, an overcharge at a hardware store—the landlord can file the claim directly within the SaaS platform.
Behind the scenes, the API handles case creation, while the interface keeps the user informed. This transforms the SaaS from a passive data aggregator into an active financial platform with embedded compliance and control tools.
Embedded finance is not just about offering bank accounts or cards—it’s about integrating operational layers like dispute resolution, approvals, fraud detection, and reconciliation into core workflows that end users already know and trust.
Summary of Benefits and Use Cases
From virtual travel cards to automated dispute APIs, the new suite of tools offers tangible value across multiple operational areas:
- Merchants benefit from faster, more accurate dispute resolution and less revenue loss.
- Travel businesses improve acceptance and unlock card-based rebates to offset costs.
- Issuers reduce operational overhead and increase recovery by automating workflows.
- Platforms offering embedded finance gain deeper integration and product differentiation.
By focusing on transparency, automation, and user control, these tools support the growing demands of global commerce, operational efficiency, and compliance readiness.
Conclusion
The latest wave of platform enhancements reflects a deliberate shift toward smarter, more integrated global financial operations. From enabling local AED collections in the UAE to centralizing multi-entity spend controls, and from refining dispute management to unlocking travel card optimization, each release targets a key friction point in modern business finance.
These innovations are more than just feature upgrades—they’re structural enablers for scalability, compliance, and efficiency. By introducing local currency accounts in key emerging markets, businesses can reduce FX costs, improve payment speed, and localize their operations. The addition of multi-owner capabilities strengthens account governance and continuity, safeguarding operations from single-user dependencies.
Centralized entity management tools provide finance leaders with a single source of truth for budgets, permissions, and reporting across regions. Mobile reimbursement support on both Android and iOS platforms accelerates expense claim processing and promotes a more responsive employee experience—essential for businesses with distributed or mobile teams.
Meanwhile, the improved dispute resolution interface and dispute APIs give both merchants and issuers the ability to act quickly, stay informed, and reclaim lost revenue more efficiently. B2B travel cards tailored to regional use cases further strengthen financial agility, offering deeper control, improved acceptance, and even revenue-generating opportunities through rebate programs.
Altogether, these releases demonstrate a commitment to building a truly global, responsive financial ecosystem—one that helps businesses navigate complexity, maintain compliance, and unlock new efficiencies at every level of scale. Whether you’re expanding into new markets, optimizing internal processes, or embedding financial tools within your own platform, these updates provide the infrastructure needed to do so with clarity and confidence.
