back Back

Azqore & Volante Technologies partner for SEPA instant payments

By Gloria Methri

July 09, 2024

  • Azqore
  • Cloud Payments
  • Core Banking Infrastructure
Share

Azqore, Volante, Volante Technologies, ISO 20022, SEPA instant payments, FinTech, Switzerland, EuropeAzqore, a business and technology partner for wealth managers, has selected Volante Technologies’ Payments as a Service (PaaS) to deliver SEPA instant payments and ISO 20022 messaging services to its customers.

Azqore had previously partnered with Volante to accelerate its multi-country, multi-bank ISO 20022 adoption programme. Today’s PaaS announcement extends this partnership to incorporate SEPA instant payments – a step forward in Azqore’s payments modernization strategy.

“As customer demand continues to evolve, financial institutions of all kinds must have the solutions they need to stay competitive, especially as we’re seeing an increase in the pace of regulatory change,” said Anders Ohrneman, Head of IT Post-Trade & Operations, Azqore.

Regulatory considerations played a crucial role in Azqore’s selection of Volante’s Payments as a Service due to the requirement to meet the deadlines for SEPA Instant Payments mandated by the European Union. Other key factors were the need for rapid time to market for new services, tight integration into Azqore’s core banking infrastructure and the opportunity to create an extensible platform for future payment modernization.

Belhassen Belkhechine, Payments & Operations Product Manager, Azqore, said, “With Volante’s Payments as a Service, we can bring new instant payments and ISO 20022 services to market faster. We also have built the foundation of a platform for innovation for all our customers, easily extensible to future payment types and services.”

Azqore joins a growing number of European institutions that have adopted Volante’s PaaS to realize their payment modernization goals.

“We are excited about the payments modernization journey we have embarked upon with Azqore. Our track record of delivering innovation through PaaS, combined with Azqore’s experience and extensive reach, paves the way for financial businesses to reap the benefits of new services such as instant payments and ISO 20022 messaging,” said Deepak Gupta, EVP Product, Engineering & Services, Volante Technologies. “With our PaaS value proposition, we are ideally positioned to drive the digital transformation of the payments ecosystem for consumers and businesses alike.”

Previous Article

July 09, 2024

NatWest taps OneID to enable digital identity service in the Nordics

Read More
Next Article

July 09, 2024

Dezerv raises $32m in a funding round led by Premji Invest

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

Azqore

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

4 B2B SaaS platforms transforming business operations in the UK

Read More

Today

Google Play & Cash App Pay offer next-gen consumers with payment options

Read More

Today

Revolut secures UK banking licence

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024