Volante Technologies launches Payments as a Service on Microsoft Azure for FIMBank

Volante Technologies launches Payments as a Service on Microsoft Azure for FIMBank
17.10.2018 05:34 pm

Volante Technologies launches Payments as a Service on Microsoft Azure for FIMBank

Payments

Volante Technologies Inc., a global provider of software for accelerated end-to-end payments processing, today announced that FIMBank Malta has signed as the first customer for Volante’s newly launched cloud-based VolPay-as-a-Service offering. Volante will provide FIMBank with a managed service for processing SEPA payments in the cloud, powered by Volante’s VolPay Suite of payments products running on Microsoft Azure.

Any institution looking to transform its payments infrastructure can now accelerate that transformation by consuming VolPay-as-a-Service in the cloud, rather than embarking on a lengthy in-house deployment. By leveraging Microsoft’s experience in cloud technology, Volante can now offer the most advanced payments capabilities as a resilient, scalable and highly secure service.

Vijay Oddiraju, CEO, Volante Technologies, commented, “In the fast changing world of payments, VolPay-as-a-Service on Microsoft Azure ensures that institutions have rapid access to applications to support their payments processing needs without the lengthy implementation and update cycles normally associated with traditional deployment options.  This speeds up time to market without compromising on security, resiliency or scalability. We see this as an important step in our ongoing mission of providing more value added and innovative services and solutions tailored to our customers’ needs.”

Gilbert Coleiro, CIO, FIMBank, commented, “VolPay-as-a-Service for our SEPA payments provides us with an opportunity to switch provider rapidly and cost effectively. The combination of rich VolPay functionality together with the flexibility to integrate the solution easily to our existing platforms without the need to build additional infrastructure, is an ideal value proposition.”

Janet Lewis, vice president, Worldwide Financial Services Industry at Microsoft, adds, “We are delighted that FIMBank is transforming with innovations powered by Microsoft Azure. Azure offers the security, scale and resiliency firms both large and small require, making it a leading cloud for the financial services industry. With services such as Volante’s VolPay available on Azure, payments processes for banks can be streamlined across the entire payments lifecycle while taking advantage of all the features and benefits that cloud has to offer.”

Related News

Mastercard SpendingPulseTM forecasts a big holiday shopping season

It’s shaping up to be one heck of a holiday shopping season. Mastercard SpendingPulse™, which ... Read more »

Taking a Do-it-Together Approach: Side-by-Side with Startups

Leave the do-it-yourself projects at home and make way for do-it-together.

While do-it-yourself may have worked previously, Mastercard believes the best way to drive... Read more »

Alipay Becomes UEFA National Team Football Partner

UEFA and Alipay, the world’s leading payment and lifestyle platform, operated by Ant Financial Services Group, are proud to announce a new eight-year global partnership for all... Read more »

Trustly opens office in Helsinki to meet increasing demand from Finnish online businesses

Trustly, the European payments company, today announces that it has opened a new office in Helsinki to meet a growing demand for its fast, simple and safe payment method from... Read more »

Renovite Technologies and Cashware’s new strategic partnership boosts customers’ ATM testing capability

Two leading global payment technology specialists have announced a distribution agreement which will bolster their end-to-end ATM application testing capability.

Read more »

ChinaPay partners with PPRO Group to support Chinese cross-border e-commerce

ChinaPay, a Chinese financial services and payments provider, and PPRO Group, a cross-border e-payment specialist, announces today a partnership to bring over 15 European... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App