U.S. Fedwire® and CHIPS®
Modernize Fedwire® and CHIPS® wire systems at your own pace with flexible, cloud-native solutions.
Modernize your high-value wire payments with unified Fedwire® and CHIPS® support
As wire volumes grow and both Fedwire® and CHIPS® move to ISO 20022, banks must modernize legacy systems to stay compliant and competitive. Volante’s platform offers a single, cloud-native solution for processing both Fedwire® and CHIPS® payments, streamlining operations, reducing risk, and accelerating time-to-value.
Whether you need full end-to-end wire processing or a fast ISO 20022 compliance upgrade, Volante’s U.S. Fedwire and CHIPS® solution is built for speed, scale, and always-on reliability.
Reimagine your wire payment operations
Accelerate ISO 20022 readiness
Ensure compliance with the latest CHIPS® and Fedwire® changes through an ISO 20022-native platform with no upgrades required.
Reduce operational risk and downtime
Eliminate manual processes and missed cutoffs with high-resiliency, automated wire processing that ensures wires arrive on time.
Modernize on your terms
Whether replacing legacy systems or enhancing capabilities, Volante gives you the flexibility to evolve without disrupting operations.
Enhance customer experiences
Deliver reliable, transparent, and data-rich payments with 24/7/365 availability and deep integration across systems.
Enable multi-rail interoperability
Support for Fedwire®, CHIPS®, ACH, RTP®, FedNow®, and SWIFT enables you to choose the optimal rail for each transaction.
Effortless wire processing
at scale
Volante unifies U.S. Wires payment processing on a single platform — eliminating silos and simplifying operations. With native support for both networks, built-in ISO 20022 compliance, advanced liquidity management, and smart routing, you can streamline high-value payments and future-proof your infrastructure.
Built for tomorrow’s wire ecosystem
Unified wire processing for Fedwire® and CHIPS®
Process Fedwire® and CHIPS® wires through a single platform to streamline operations, reduce silos, and simplify compliance.
ISO 20002 native and fluent
Built from the ground up to support ISO 20022 for both Fedwire® and CHIPS®, enabling rich data and straight-through processing.
Cloud-native, secure, and scalable
Enterprise-grade performance and security with ISO 27001, SOC 1/2 compliance, active-active availability, and elastic scale.
Smart routing and liquidity optimization
Route wires dynamically across channels and capitalize on CHIPS®’ liquidity tools, processing up to $25 for every $1 in reserve.
Real-time visibility and API integration
Monitor flows, exceptions, and acknowledgments in real time while connecting seamlessly to all core, channel, and downstream systems.
Flexible paths to U.S. Wires payments modernization
Volante makes modernization easy. Our cloud-native U.S. Wires solution processes trillions of dollars in value daily for some of the largest financial institutions, combining automation, direct Fedwire® connectivity, and real-time insights for optimal performance.
End-to-end U.S. Wires processing
Volante makes modernization easy. Our cloud-native U.S. Wires solution processes trillions of dollars in value daily for some of the largest financial institutions, combining automation, direct Fedwire® connectivity, and real-time insights for optimal performance.
ISO 20022 service for Fedwire®
A fast, low-risk ISO 20022 upgrade that plugs into your existing wire system with no re-platforming required. Go live in as little as 14 weeks, with a clear path to end-to-end modernization when you’re ready.
High-value payments, high-performance deployment
Volante offers a dedicated CHIPS® deployment path that enables financial institutions to process high-value transactions with confidence, security, and scale. Whether you’re a CHIPS® participant or indirect user, our solution delivers everything you need to operate efficiently and remain fully ISO 20022 compliant.
See how financial institutions stay ahead of the curve with Volante’s U.S. Fedwire® and CHIPS® support
Volante met our top criteria for an ideal collaborator: modern cloud-native technology, deep paymetns and transaction banking expertise, and the ability and flexibility to deliver against aggressive deadlines.
Luc Teboul, Managing Director,
Goldman Sachs Transaction Banking
Trusted by over 150 financial businesses worldwide
Leading financial institutions rely on Volante to simplify, secure, and scale their Fedwire® and CHIPS® payment operations.
Explore Volante’s Payments Platform
Volante’s U.S. Wires solution is built on the same platform trusted by over 150 financial institutions worldwide. From the largest global banks to regional and community institutions, our customers process trillions of dollars in value daily using our cloud-native Payments as a Service infrastructure.
With native support for both Fedwire® and CHIPS® — alongside RTP®, FedNow®, ACH, and SWIFT — you can consolidate, streamline, and future-proof all your payments operations on a single platform.
Insights from leading experts in payments modernization
Staying ahead of the FedWire migration to ISO 20022
Down to the Wire: The Modernization of Wire Payments and the Opportunities for Banks
ISO 20022 for U.S. banks: strategies, benefits & more
The urgency of FedWire migration to ISO 20022: Are you prepared?
How to Migrate off Your Legacy Wire System to Modern Cloud Processing
Frequently Asked Questions
U.S. wire transfers are electronic funds transfers that securely move money in real time between bank accounts within the United States. These transfers typically use high-value, time-sensitive payment networks like the Federal Reserve’s Fedwire® Funds Service or the Clearing House Interbank Payments System (CHIPS®).
While both are used for high-value payments, Fedwire® is operated by the Federal Reserve and supports over 4,000 participants. CHIPS®, run by The Clearing House, serves a smaller group of major financial institutions and is favored for its liquidity optimization, allowing banks to settle large volumes with lower reserve requirements. Volante supports both Fedwire® and CHIPS® in a single, cloud-native platform.
Domestic wire transfers sent before a bank’s internal processing cutoff are transmitted and settled the same business day, often within a few hours. Transfers initiated after the cutoff, on weekends, or bank holidays are processed the next business day. Fedwire® provides immediate settlement; CHIPS® offers high-speed, liquidity-optimized net settlement during business hours.
Yes, wire transfers are a highly secure method of moving funds because they’re transmitted through regulated, encrypted networks, such as the Fedwire® Funds Service and CHIPS®, which are closely monitored and designed to prevent unauthorized access or tampering.