Volante

Volante Technologies secures Fedwire® Funds Service ISO® 20022 certification

Retrieved on: 
Tuesday, May 7, 2024

NEW YORK, May 7, 2024 /PRNewswire/ -- Volante Technologies, the global leader in payments as a service, today announced its achievement of Fedwire® Funds Service certification for the ISO 20022 messaging capabilities of its wire payment processing solutions. This certification provides Volante customers a streamlined fourteen-week pathway to ISO 20022 compliance for their wire payments operations. It also allows banks to expand their modernization journey by adding additional rails from a single platform when the opportunity arises.

Key Points: 
  • NEW YORK, May 7, 2024 /PRNewswire/ -- Volante Technologies , the global leader in payments as a service, today announced its achievement of Fedwire® Funds Service certification for the ISO 20022 messaging capabilities of its wire payment processing solutions.
  • This certification provides Volante customers a streamlined fourteen-week pathway to ISO 20022 compliance for their wire payments operations.
  • Deepak Gupta, EVP of Demand Fulfillment, Volante Technologies, said, "Having obtained Fedwire® Funds Service ISO® 20022 certification, we are uniquely positioned to bring the benefits of the new messaging standard to any institution processing wire payments, helping them meet stringent compliance deadlines and modernize their wire processing infrastructure."
  • See here for more information on how Volante can assist in modernizing wire payments and achieving ISO 20022 compliance in just 14 weeks.

Volante Technologies secures Fedwire® Funds Service ISO® 20022 certification

Retrieved on: 
Tuesday, May 7, 2024

NEW YORK, May 7, 2024 /PRNewswire/ -- Volante Technologies, the global leader in payments as a service, today announced its achievement of Fedwire® Funds Service certification for the ISO 20022 messaging capabilities of its wire payment processing solutions. This certification provides Volante customers a streamlined fourteen-week pathway to ISO 20022 compliance for their wire payments operations. It also allows banks to expand their modernization journey by adding additional rails from a single platform when the opportunity arises.

Key Points: 
  • NEW YORK, May 7, 2024 /PRNewswire/ -- Volante Technologies , the global leader in payments as a service, today announced its achievement of Fedwire® Funds Service certification for the ISO 20022 messaging capabilities of its wire payment processing solutions.
  • This certification provides Volante customers a streamlined fourteen-week pathway to ISO 20022 compliance for their wire payments operations.
  • Deepak Gupta, EVP of Demand Fulfillment, Volante Technologies, said, "Having obtained Fedwire® Funds Service ISO® 20022 certification, we are uniquely positioned to bring the benefits of the new messaging standard to any institution processing wire payments, helping them meet stringent compliance deadlines and modernize their wire processing infrastructure."
  • See here for more information on how Volante can assist in modernizing wire payments and achieving ISO 20022 compliance in just 14 weeks.

Volante Technologies' Deepak Gupta appointed to the U.S. Faster Payments Council Board Advisory Group

Retrieved on: 
Wednesday, February 28, 2024

NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Volante Technologies, the global leader in payments as a service, today announced the appointment of Deepak Gupta, EVP Product, Engineering & Services at Volante, to the U.S. Faster Payments Council (FPC) 2023-2024 Board Advisory Group.

Key Points: 
  • Faster Payments Council (FPC) 2023-2024 Board Advisory Group .
  • Luhtanen continued, "According to our 2023 Faster Payments Barometer survey, 78% of financial institutions say faster payments are necessary for their organization.
  • "Faster payments are at the forefront of innovation in the financial services industry," said Deepak Gupta, EVP Product, Engineering & Services, Volante Technologies.
  • Check out the latest Faster Payments Barometer for more information on today's faster payments perceptions, trends, and practices.

Volante Technologies survey: faster payments top priority for U.S. banks

Retrieved on: 
Thursday, January 18, 2024

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.

Key Points: 
  • 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.

Volante Technologies enhances Volante Experience to support the digital transformation needs of financial institutions

Retrieved on: 
Wednesday, November 22, 2023

NEW YORK, Nov. 22, 2023 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments modernization, today announced the general availability of the latest version of the Volante Experience™.

Key Points: 
  • Following the initial launch of the Volante Experience , which focused on the onboarding experience, this latest release enhances Volante's Payments as a Service (PaaS) to support financial institutions on their digital transformation journey and speed up innovation.
  • Banks that deploy Volante Experience will gain a 360-degree view of their customers and support the growing demands of payments modernization and digital transformation initiatives.
  • "This latest release of the Volante Experience represents a pivotal moment for the financial services industry," said Deepak Gupta, EVP of Product, Engineering and Service, Volante Technologies.
  • Delve deeper here to find out how Volante Experience is supporting the digital transformation needs of financial institutions and helping them innovate at the speed of business.

Volante Technologies raises $66 million in strategic investment round led by Sixth Street Growth

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments modernization, today announced that it has secured $66 million in debt and equity financing in an investment round led by Sixth Street Growth, the technology growth investing arm of Sixth Street, with participation from Wavecrest Growth Partners and Wells Fargo Strategic Capital.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments modernization, today announced that it has secured $66 million in debt and equity financing in an investment round led by Sixth Street Growth , the technology growth investing arm of Sixth Street, with participation from Wavecrest Growth Partners and Wells Fargo Strategic Capital .
  • Vaibhav Nalwaya, Managing Partner, Wavecrest Growth Partners, added, "We led Volante's first-ever growth capital funding round in 2020.
  • Vijay Oddiraju, CEO, Volante Technologies, commented, "We welcome Sixth Street Growth and its deep expertise supporting the growth of payments and fintech businesses to Volante.
  • Volante and Sixth Street Growth executives will participate in a fireside chat in the coming weeks.

Volante Technologies raises $66 million in strategic investment round led by Sixth Street Growth

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments modernization, today announced that it has secured $66 million in debt and equity financing in an investment round led by Sixth Street Growth, the technology growth investing arm of Sixth Street, with participation from Wavecrest Growth Partners and Wells Fargo Strategic Capital.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments modernization, today announced that it has secured $66 million in debt and equity financing in an investment round led by Sixth Street Growth , the technology growth investing arm of Sixth Street, with participation from Wavecrest Growth Partners and Wells Fargo Strategic Capital .
  • Vaibhav Nalwaya, Managing Partner, Wavecrest Growth Partners, added, "We led Volante's first-ever growth capital funding round in 2020.
  • Vijay Oddiraju, CEO, Volante Technologies, commented, "We welcome Sixth Street Growth and its deep expertise supporting the growth of payments and fintech businesses to Volante.
  • Volante and Sixth Street Growth executives will participate in a fireside chat in the coming weeks.

Volante Technologies raises $66 million in strategic investment round led by Sixth Street Growth

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments modernization, today announced that it has secured $66 million in debt and equity financing in an investment round led by Sixth Street Growth, the technology growth investing arm of Sixth Street, with participation from Wavecrest Growth Partners and Wells Fargo Strategic Capital.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments modernization, today announced that it has secured $66 million in debt and equity financing in an investment round led by Sixth Street Growth , the technology growth investing arm of Sixth Street, with participation from Wavecrest Growth Partners and Wells Fargo Strategic Capital .
  • Vaibhav Nalwaya, Managing Partner, Wavecrest Growth Partners, added, "We led Volante's first-ever growth capital funding round in 2020.
  • Vijay Oddiraju, CEO, Volante Technologies, commented, "We welcome Sixth Street Growth and its deep expertise supporting the growth of payments and fintech businesses to Volante.
  • Volante and Sixth Street Growth executives will participate in a fireside chat in the coming weeks.

Volante Technologies scoops innovation award for ISO 20022 service

Retrieved on: 
Wednesday, October 18, 2023

NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments modernization, today accepted the Global Finance Award for Top Innovations in Finance in the payments category for its ISO 20022 service. The accolade spotlights Volante's innovative approach to resolving complex payments modernization challenges in partnership with its customers.

Key Points: 
  • NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments modernization, today accepted the Global Finance Award for Top Innovations in Finance in the payments category for its ISO 20022 service .
  • The ISO 20022 service is a trailblazing API and SaaS solution for financial message creation, validation, and transformation across a diverse range of domestic and cross-border payment formats worldwide.
  • "Volante Technologies stands out as a beacon of innovation, which we acknowledge with our Top Innovators 2023 ranking."
  • "By 2023, ISO 20022-enabled systems are projected to account for 79% of global payment volumes," said Deepak Gupta, EVP of Product, Engineering & Services, Volante Technologies.

Volante Technologies scoops innovation award for ISO 20022 service

Retrieved on: 
Wednesday, October 18, 2023

NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments modernization, today accepted the Global Finance Award for Top Innovations in Finance in the payments category for its ISO 20022 service. The accolade spotlights Volante's innovative approach to resolving complex payments modernization challenges in partnership with its customers.

Key Points: 
  • NEW YORK, Oct. 18, 2023 /PRNewswire/ -- Volante Technologies , the global leader in cloud payments modernization, today accepted the Global Finance Award for Top Innovations in Finance in the payments category for its ISO 20022 service .
  • The ISO 20022 service is a trailblazing API and SaaS solution for financial message creation, validation, and transformation across a diverse range of domestic and cross-border payment formats worldwide.
  • "Volante Technologies stands out as a beacon of innovation, which we acknowledge with our Top Innovators 2023 ranking."
  • "By 2023, ISO 20022-enabled systems are projected to account for 79% of global payment volumes," said Deepak Gupta, EVP of Product, Engineering & Services, Volante Technologies.