Veem

You ask. We answer. We’re kicking off a new series answering the questions we hear most about Veem Virtual Bank Accounts. We’re covering how they work to who they’re for, where they’re available, and what you actually need to get started. Have a question about getting paid globally? Drop it in the comments and we’ll answer yours next. #veem #globalbanking #SMB #Fintech #DigitalBank

Selling to customers in the U.S. from another market can make receiving payments more complicated than it needs to be. With a Veem Virtual Bank Account, your business can get local U.S. receiving details that customers can use to pay you. Funds can then be managed within your Veem account. Veem makes it simple for sellers, marketplace businesses and DTC brands to get paid across borders without the usual complicated process. Virtual Bank Accounts are also available in Canada, Brazil, Europe, Mexico and the UK, subject to eligibility and use case. Spend less time figuring out how to get paid, and more time growing the business. If you’re a marketplace seller or business receiving payments from U.S. customers, see whether a Veem Virtual Bank Account is the right fit for your workflow: https://lnkd.in/dQAbefXB #CrossBorderPayments #InternationalPayments #GlobalBusiness #EcommerceBusiness #MarketplaceSellers #Veem #DigitalBank

A lot of the conversation around payments focuses on speed. But speed only matters when the infrastructure behind it is strong enough to support it. In a recent conversation from Money20/20, our CEO Marwan Forzley shared what really goes into making payments feel simple: compliance, risk management, thoughtful product design, and years of building the right rails behind the scenes. A great conversation with Dumitru Condrea on what the industry needs to get right as payments continue to evolve. Full episode in the comments 👇

Doing business globally shouldn’t require flying across the world just to open a bank account. If you accept payments from international clients, traditional banking can mean: • Complex paperwork • Setting up local entities • Unnecessary branch visits • High cross-border wire fees There’s a simpler way to get paid. With a Veem Virtual Bank Account, you can access local account details in your business name across the U.S., Canada, Europe, Mexico, and the UK—without the legacy banking headaches. Expand your global reach while collecting payments locally. https://lnkd.in/dQAbefXB #CrossBorderPayments #SMBGrowth #GlobalBusiness #Veem #InternationalTrade

Opening a bank account in another country shouldn’t mean booking a flight, visiting a branch, and waiting weeks for approval. With a Veem Virtual Bank Account, you can apply fully online and get local account details in the U.S., Canada, Europe, Mexico, or the UK. ☑️ Apply from your phone or laptop ☑️ Approval in 1 – 2 business days ☑️ No monthly fees ☑️ No local branch visits ☑️ Built for businesses operating globally Know a business still stuck with branch visits and paperwork? Tag them so they can set their free Virtual Bank Account.  https://lnkd.in/dQAbefXB

Global ambition shouldn’t get stuck in local banking complexity. Entering a new market is hard enough. Businesses shouldn’t also have to become experts in local regulations, payment schemes and banking relationships just to access a local account. That’s the complexity Veem and Visa Direct are working to simplify—so finance teams can spend less time building banking infrastructure and more time moving their business forward. Hear Marwan Forzley and Justin Zhao discuss what that looks like in practice.

The fastest rail doesn’t automatically create the fastest payment experience. As Veem CEO Marwan Forzley explains in this conversation with Fintech Garden, the real work often happens above the rail: in compliance, risk management, and the experience built around each transaction. Whether the infrastructure involves real-time payments or stablecoins, the rail creates potential. The operating layer turns that potential into an experience businesses can rely on. Thank you to Fintech Garden for the thoughtful conversation! Watch the full clip and let us know: where do you see the biggest opportunity to improve the payments experience? Full interview: https://lnkd.in/gXGjQtPP

Expanding into a new region takes more than ambition. Businesses also need payment infrastructure they can trust. Through Veem’s work with Visa Direct, we’re helping more businesses access the tools they need to collect, manage, and move funds as they enter new markets, even without a local presence. As Vira Platonova, Global Head of Visa Direct at Visa, puts it: “Working with Veem, we’re helping more businesses access the tools they need to operate confidently in new regions.” Learn more about our latest collaboration: https://lnkd.in/eyR8pZC6

AI is changing global commerce, but its impact depends on more than the technology itself. It requires the right digital infrastructure to turn intelligence into practical, reliable experiences for businesses. It’s from this perspective that Marwan Forzley, Founder and CEO of Veem, will join the Canada FinTech Symposium in Calgary on October 7–8 for the panel, “The role of AI and digital infrastructure in global commerce.” Drawing on Veem’s experience applying AI across the payment experience—including its new AI Assistant—Marwan will explore what it takes to translate emerging technology into real-world value. Attending the symposium? DM us to connect with Marwan and the Veem team!

We’ll be candid: “cross-border” has often meant more steps, more intermediaries and more fees. But when a business can hold local banking details in the markets where its customers pay, the whole flow starts to look different. In his latest article, Jayastu Bhattacharya explores the local receivables thesis, and why the future may be less about asking payers to adopt another process and more about meeting them inside the one they already use. The payer pays locally. The business receives globally. The detour disappears. Read the full article: https://lnkd.in/d6xAG2jn