SaaS banking platform Mambu has partnered with Volante Technologies to help banks and lenders modernise their banking and payment infrastructures without needing to rip and replace legacy systems. The partnership will enable customers to quickly launch new solutions with different payments capabilities such as the US network, Automated Clearing House (ACH), single euro payments area (SEPA), as well as wire, real-time and cross border payments. The integration allows customers to implement payment functionalities faster than traditional vendors and provides richer experiences with more flexible payment options for consumers and businesses, according to Volante. As a global provider of cloud payments and financial messaging solutions, Volante Technologies serves more than 100 banks, financial institutions, market infrastructures, clearing houses, and corporate treasuries across 35 countries. Commenting on the partnership, Kevin Trilli, chief product officer at Mambu, says: “The partnership boosts digital banking and payment functionalities that help orchestrate state-of-the-art solutions across all banking channels.” He adds: “The platform was possible because of a shared philosophy that a modern, low-code cloud architecture allows for scalability, cost-saving and agility. This will drive change and is an important step in making payments processing simpler and more accessible.” John Farrell, senior vice president of global product management, Volante Technologies comments: “Volante and Mambu are creating a powerful BaaS platform. We believe this synergy, combined with our strong affinity in culture, values and style, will drive tight collaboration and co-innovation for the benefit of our joint customers."
