Payments-as-a-Service firm Volante Technologies has launched a new solution to offer financial institutions visibility and operational control over their payments business.
The new solution, Volante Payments Intelligence, enables banks to better understand their payment operations, simplifying decision-making while improving business performance. It leverages historical and real-time payment data to help banks strategically plan, optimise operational efficiency, and accurately track performance.
Volante Payments Intelligence addresses the increasing volume and complexity of the payments landscape, driven by the proliferation of real-time payments, the adoption of ISO 20022, and the digitisation of payment flows.
“In a world where the volume and complexity of payments is increasing, operational resilience and efficiency are more important than ever,” explained Gareth Lodge, principal analyst at Celent. “Managing through this requires banks to have instant insight into payment flows, operational performance, and the ability to quickly address issues.”
Around 60 per cent of banks plan to increase the migration of business-critical applications to the cloud by the end of 2025, according to Celent’s 2024 Corporate Banking IT Pressures & Priorities report. Payment modernisation now ranks as a top priority for corporate banks globally, signifying the need for solutions that provide intelligence across stakeholder viewpoints, streamline modernisation efforts, and simplify operations.
Keeping ahead of regulatory demands
Volante Payments Intelligence aims to reduce the time banks spend on manual reporting and enables them to prioritise operational efforts more effectively, staying ahead of regulatory demands. With enhanced observability, users can achieve more precise performance tracking, improving their ability to mitigate risks and adapt to market changes.
As financial institutions navigate an increasingly regulated environment, Volante Payments Intelligence offers critical tools to support resilience and compliance. The solution’s integration into existing systems and ease of deployment in private or hybrid cloud environments or as part of Volante’s PaaS offering ensures that institutions can start seeing results immediately.
“We developed Volante Payments Intelligence as a transformative solution, crafted in close collaboration with a diverse range of our customers to address a critical gap no other platform could fill: Delivering actionable, measurable, and personalised business intelligence in real-time,” said Deepak Gupta, EVP, product, engineering and services at Volante Technologies.
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