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Visa Tests AI-Powered Business Payments, Introduces New Fraud Controls

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Visa Tests AI-Powered Business Payments, Introduces New Fraud Controls

Visa is bringing more AI into business payments with tools for supplier analysis, fraud prevention and invoice automation.

The upgraded Supplier Enablement Spend Analytics platform, SESA 2.0, uses AI to identify suppliers more likely to accept commercial cards and estimate potential spending opportunities.

The platform has identified more than US$600 billion in potential commercial card spending since its launch.

The company also introduced Commercial Fraud Solutions to help verify suppliers, authenticate virtual card users and set transaction controls.

Supplier validation and authentication tools remain in pilot, with general availability planned for 2027.

“Businesses are moving quickly to automate the work around payments, from identifying supplier opportunities to approving invoices and executing transactions.

These capabilities are designed to help them do that with the data, security and controls they need – whether they are growing commercial card acceptance, helping protect virtual-card payments from fraud, or testing how trusted AI agents can act on their behalf.”

Visa is also testing AI-powered invoice payments with BILL and Billtrust, allowing authorised AI agents to complete approved transactions through supplier portals.

The live pilot uses tokenised payment credentials instead of shared logins, with Visa’s Trusted Agent Protocol verifying agents and their authorisation.

It is already processing transactions involving participating BILL customers and Billtrust suppliers.

Featured image: Edited by Fintech News Singapore, based on image by Md Abdullah2024 via Magnific



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