Revenue from European payments in 2021
Competition in European payments is heating up. PSD2 and open banking have opened up the way for new entrants to capture more of Europe’s lucrative $230bn payments market. Traditional European financial institutions and payment services providers, as well as their neobank challengers, must differentiate themselves in order to grow market share.
Payments modernization is the way forward. The T2/TIPS mandate, regional initiatives like P27, and the availability of Request to Pay are speeding up instant payments adoption. ISO 20022 allows all ecosystem participants to unlock the power of extended data. To take advantage of these and other trends, European providers must move past their legacy payments infrastructure.
Volante is your trusted European payments modernization partner. Our cloud-native and API-first solutions can help you innovate with instant payments and next-generation cross-border, turn open banking into a business opportunity, speed up corporate onboarding, and simplify the complexities of ISO 20022 migration.
This survey, conducted in early 2022, aimed to quantify the latest trends in payments modernisation, cloud and ‘as-a-service’ delivery models for account-to-account payments across corporate, SME and retail banking.
EU domestic and cross-border payment processing, corporate to bank integration, and ISO 20022 migration solutions to accelerate payments modernization. As a service in the cloud or on-premise.
We are a trusted partner to four of the top five corporate banks, providing them with end-to-end solutions for SEPA, SEPA instant payments, TARGET2, SWIFT, gpi, and all major European payment schemes
The only multi-network managed service solution for instant payments, providing end-to-end payment processing and network connectivity for both RT1 and TIPS, as a service
in the cloud
One cloud-native, API-based solution for all your cross-border payment clearing and settlement needs, from traditional SWIFT correspondent payments to gpi to Ripple, Visa B2B, and Visa Direct
Get ready for T2, SWIFT, and other mandatory ISO 20022 migrations while addressing the challenges of variable timelines, standards co-existence, and data truncation without requiring changes to legacy systems
As part of the SIA Partnership Program, we will enable Volante’s customers to directly access the pan-European payments platforms by leveraging the integration between a leading network infrastructure
Volante offers interoperable, extensible solutions for a variety of payments needs, all composed of business services from the VolPay ecosystem.
Onboard corporate customers faster and win new corporate clients by automating corporate to bank connectivity
Modernize your payments infrastructure without replacing legacy payment systems
Unify all your payment processing and orchestration functions in a single service ecosystem
Expand your service portfolio with next-generation cross-boarder payments like SWIFT gpi, Ripple and more
Move from paper to digital by allowing corporations to pay any beneficiary, the way they want to be paid