Volante Technologies survey: faster payments top priority for U.S. banks
NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Volante Technologies, the global leader in payments as a service, today issued the results from its third annual mid-tier bank payments modernization report. The report shows high interest and enthusiasm for faster payment networks, with 78% of U.S. financial businesses saying it is a "must-have" for their organization.
- NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Volante Technologies , the global leader in payments as a service, today issued the results from its third annual mid-tier bank payments modernization report .
- Several banks already use the Volante PaaS platform for The Clearing House RTP® (TCH RTP) or FedNow® Instant Payments Service or are about to certify on these networks.
- Erika Bauman, Director, Commercial Banking & Payments Practice, Datos Insights, said, "The interest in real-time payments and the impressive adoption rate of real-time payment usage across the networks underline a transformative shift in the payments ecosystem.
- It offers invaluable insights into the evolving payments landscape among U.S. mid-tier banks and credit unions with assets between $1B to $50B.