Volante Technologies, a global provider of payments and financial messaging solutions to accelerate digital transformation, has joined the US Faster Payments Council (FPC), a membership organisation devoted to advancing faster payments in the US.
Volante will be joining as a voting member in the technology providers segment to further address issues that inhibit the adoption of faster payments.
According to Reed Luhtanen, executive director, Faster Payments Council, as an independent, solution-agnostic member organisation, 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.
Luhtanen commented: “We look forward to leveraging Volante’s expertise in payments innovation and transformation across the bank spectrum.”
Ganesh Srinivasan, director global head of partnerships and alliances, Volante Technologies, said: “We’re on the verge of a transformation in how we make payments in the US. Rapid technology innovation, cloud adoption, and the demand for smarter, faster payments, present a huge opportunity – and not just for the large banks. We want to give the smaller banks an equal opportunity to participate in the real-time revolution and build a sustainable competitive advantage as well.”
He added: “As a new member of the US Faster Payments Council, we are looking forward to sharing our knowledge to help the community define best practices and standards to help further drive the adoption of faster payments. We are fully committed to this initiative and we look forward to collaborating with our fellow members.”
