Simplifying complexity in financial messages and payments integration, processing and orchestration
Since 2001, Volante has been entirely focused on addressing the complexities of financial message and data integration and the challenges in channel on-boarding, processing and orchestration of payments so that customers can take full advantage of their commercial opportunities.
Our products, used by more than 80 financial institutions and corporate enterprises around the world, include pre-built plug-ins and transformations for over 300 international and domestic payment standards which helps firms navigate and deal with the diverse, complex and ever-expanding mass of data message formats, standards and protocols throughout the life-cycle of every financial transaction.
Our products enable firms to improve their straight-through-processing (STP) rates, increase operational efficiency and reduce cost and risk.
Fiona Hamilton speaks about the pressures in today’s payments industry
- How would you describe the environment of the payments market today?
- What issues are banks and corporates facing?
- What key areas should banks be focusing on?
- What does Volante bring to the world of payments?
13 October 2015
Offering further choice for Volante’s clients and the wider market looking to take advantage of new and alternative payment mechanisms
Volante Technologies launches VolPay Hub a centralized digital payments orchestration hub for lower cost implementation and maintenance
12 October 2015
VolPay Hub is a highly scalable, high performance, configurable, next generation payments hub. VolPay Hub is channel and payment type agnostic and designed to dramatically reduce time to revenue for digital payment processing by centralizing and accelerating the integration of payment source channels and target internal systems
- Interesting article pushing for API access to customer data and the potential for services based on this information https://t.co/QwjmNgrXdE
- Canadian Payments Association outlines the benefit of migrating to ISO 20022 payment message standard https://t.co/dKtWP8C3kg
- Watch Volante's latest webchat for @CTMFile on making payment factories effective - the vital stages https://t.co/LampZEAWnb
Real time gross settlement (RTGS) has now become the established mechanism by which country and sometimes regional payment infrastructures enable safe settlement of high value payments between banks. Historically the systems have typically used the SWIFT network for the secure transfer of the payment messages and notifications, etc., with the SWIFT MT FIN messages being the format used, and having been successfully deployed in numerous countries around the globe.
Upon reading a recent Finextra published blog by Dan Glessner of Quisk, Inc on June’s MoneyConf event in Belfast (http://www.quisk.co/blog/2015/06/25/observations-from-moneyconf-in-belfast-fintech-2-0-needed/) I got to thinking about the constant stream of newly formed bank sponsored Fintech innovation labs and the role of the existing Fintech vendors in this new world of dynamic collaboration.