Volante named a Leader in IDC Marketscape for integrated payments providers
11 March 2020
by Editorial, Volante Technologies
Volante Technologies is proud to have been named a Leader in the IDC Marketscape: Worldwide Integrated Payment Platforms 2019-2020 Vendor Assessment.
The IDC Financial Insights study presents an assessment of integrated payment processing platform vendors over the course of 2019 and into 2020. Technology vendors were evaluated on an in-depth assessment of their current capabilities and strategies, as well as interviews of reference clients to assess the vendors' ability to meet a financial institution's strategic needs and current requirements for payment processing, clearing, settlement, and more.
Based on the criteria outlined in the report, Volante is positioned in the Leaders category in the IDC MarketScape for worldwide integrated payment platforms according to IDC analysis and buyer perception. Acknowledged strengths of Volante include the VolPay service-based platform, clear R&D strategy providing innovation for the payments markets, and strong off-the-shelf support for multiple global real-time payment schemes.
The report also includes various insights into the current payments landscape and provides suggestions for future payments strategy. Key findings from the research include:
- Adoption of real-time payments is only one facet of a successful payments strategy
- Unified payments are not a given from all vendors
- Real-time readiness is more than just speed
- Automation is top of mind for vendors and their potential buyers
- Payment productization is key
Download a complimentary copy of the IDC Marketscape report to learn more about why Volante is “well suited for institutions of any size looking to begin their payment transformation”, including solutions for corporate payments, and "an attractive option for forward-thinking financial institutions seeking payments-as-a-service alternatives."