Volante Technologies, a global provider of payments and financial messaging solutions to accelerate digital transformation, announced that it has officially joined the U.S. Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States. As a member of the council, Volante will be joining as a voting member in the Technology Providers segment to further address issues that inhibit the adoption of faster payments.
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In the U.S., Volante is known as the enabler of the first real-time payment over The Clearing House RTP network, and has been an active participant within the Faster Payments Task Force. Internationally, the company has been a driving force in payments modernization, helping banks of all sizes process real-time payments, as a service in the cloud or on-premise, for regional frameworks such as UK Faster Payments, Mexico SPEI, and EU SEPA instant. Recently, the company launched its free RTP as a service program, eliminating the onboarding and service costs typically associated with connecting to new payments rails.
“As an independent, solution-agnostic member organization, the FPC is in a unique position to work with all industry stakeholders and tackle challenges that may be more difficult to address through bilateral cooperation alone,” said Reed Luhtanen, executive director, Faster Payments Council. “We look forward to leveraging Volante’s expertise in payments innovation and transformation across the bank spectrum.”