P27 go-live target date: are you ready?
Big changes are under way for Nordic payments. P27, the pan-Nordic real-time cross-border payment system, will go live in 2022. SWIFT is migrating to ISO 20022 by then, as is TARGET2. New services like Request To Pay will generate new business opportunities.
Payments modernization is a must. Nordics banks have always had strong digital capabilities, but modern payments require modern payments technology. Legacy systems cannot deliver the speed needed for P27 and the data handling required by ISO 20022.
Volante can help. Our modern cloud-native payments solutions are real-time, ISO 20022-fluent, 24×7 available, and API-ready. They will scale to meet the demands of Nordics payments, now and into the future.
Solutions for Nordic domestic and cross-border payments, ISO 20022 migration, and corporate to bank integration, as a service in our cloud, or yours.
Deploy new 24×7 instant value-added services and manage liquidity in real-time. Connect to SEPA Instant, P27 when ready, and many other domestic and cross-border real-time networks
VolPay for ISO 20022 Migration addresses the challenges of multiple migrations, including SWIFT and TARGET2, and reap the benefits of rich data, without requiring changes to legacy systems
One cloud-native, API-based solution for all your cross-border payment clearing and settlement needs, from traditional SWIFT correspondent payments to next-generation alternatives
Accelerate corporate onboarding and simplify corporate to bank integration with hundreds of inbuilt libraries and APIs for corporate payment and acknowledgement formats, without custom development
Volante met our top criteria for an ideal collaborator: modern cloud-native technology, deep payments and transaction banking expertise, and the ability and flexibility to deliver against aggressive deadlines
VolPay’s cloud-native microservices architecture will allow us to support current and future payment rails on and off the cloud. This will enable us to provide innovative customer experiences