Of banks are planning to implement a payment hub within the next three years. It’s time to join their ranks – but make sure you pick the right solution
Open Banking is bigger than mere regulation. It’s true that regulations have provided the initial thrust toward open banking—PSD2 in Europe, the UK’s CMA9, and Mexico’s Fintech Law, among others. But customer demand and fierce competition are also driving open banking, even in countries without explicit mandates.
Compliance isn’t enough. Without providing additional value within their open banking platforms, such as real-time payments and next-generation transaction banking capabilities, traditional banks run the risk of relegating themselves to the role of back-office providers.
Speed is a competitive advantage. Banks need technology that allows them to easily achieve compliance as well as quickly add more advanced capabilities. The key to gaining a competitive edge lies in being able to modernize progressively and evolve to a truly open ecosystem that is adaptable to a rapidly changing environment.
You’re not alone. Read the executive briefing to understand how VolPay Hub can help you meet your business goals without the drawbacks of legacy hubs.
A single ecosystem of business services for payment processing and orchestration. Real-time, API-native, and cloud-ready.
Four of the top five corporate banks trust VolPay to power their payments and cash management businesses.
Average customer savings in VolPay has the broadest and deepest suite of API-enabled services available anywhere, helping you get ready for open banking
That’s how many ACH transactions VolPay was able to process in the cloud in just one hour, in a recent benchmark–more than many organizations handle in an whole year
Volante offers interoperable, extensible solutions for a variety of payments needs, all composed of business services from the VolPay ecosystem.