- Volante Technologies launches a solution to optimize bank payment operations using real-time data.
- The tool addresses rising payment complexity and regulatory needs with cloud-ready deployment.
What happened
Volante Technologies introduced Volante Payments Intelligence, a solution designed to give banks deep insights into their payment systems. The tool uses real-time and historical data to streamline decision-making, improve performance, and optimize operational efficiency. As financial institutions grapple with growing regulatory demands and the adoption of ISO 20022 standards, this solution promises to cut manual reporting and help banks manage risks effectively. Available in flexible cloud environments, it is aimed at institutions looking to modernize quickly without overhauling their systems entirely.
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Why it is important
Volante Payments Intelligence addresses critical issues faced by financial institutions, such as increasing operational complexity and stringent regulatory requirements like ISO 20022 compliance. With real-time data and analytics, banks can swiftly identify inefficiencies, reduce operational risks, and ensure seamless payment processing.
Smaller banks particularly benefit from its cloud-ready and modular design, allowing them to compete with larger institutions without overhauling legacy systems. This innovation aligns with the financial sector’s push toward digital transformation, promising improved cost-efficiency, enhanced customer trust, and robust risk management capabilities.
