The Green Sheet Online Edition
December 12, 2024 • 24:12:02
Payments intelligence solution for banks
Volante Technologies, a provider of payments-as-a-service (PaaS), launched Volante Payments Intelligence, a solution designed to provide financial institutions with unmatched visibility and operational control over their payments business.
The solution, a modular component of the Volante Payments Platform, enables banks to navigate the growing complexity of payments, driven by real-time processing, ISO 20022 adoption and the digitization of payment flows.
By leveraging historical and real-time data, Payments Intelligence delivers actionable insights to enhance strategic planning, operational efficiency, and performance tracking, the company stated.
Meeting industry challenges with innovation
As banks increasingly migrate critical applications to the cloud, payments modernization has become a top priority. Volante Payments Intelligence supports this evolution by offering enhanced observability, enabling banks to optimize operations, stay ahead of regulatory requirements and mitigate risks, Volante affirmed.
"In a world of growing payments complexity, operational resilience and efficiency are critical," said Gareth Lodge, principal analyst at research and advisory firm Celent. "Instant insight into payment flows and performance is key to addressing market challenges."
The company mentioned the following key benefits of Volante Payments Intelligence:
- Real-time insights: Users can quickly address operational issues and improve decision-making with precise, actionable data.
- Enhanced efficiency: By automating manual reporting processes, banks can allocate resources more effectively and streamline operations.
- Regulatory support: The solution equips institutions with the tools needed to navigate an increasingly regulated environment
- Flexible deployment: Designed for private or hybrid cloud environments, Payments Intelligence integrates seamlessly into existing systems or as part of Volante's PaaS offering.
Deepak Gupta, executive vice president at Volante Technologies, emphasized the solution's transformative potential: "Payments Intelligence redefines what business intelligence can achieve, empowering our customers to unlock new operational efficiencies and strategic growth," he said.
Volante said it plans to expand Payments Intelligence with advanced dashboards, AI-driven capabilities and enhanced exception management to ensure financial institutions remain agile in a rapidly changing payments ecosystem. For more information, visit www.volantetech.com. 
Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.
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