News

Goldman Sachs, Volante roll out cloud-based digital transaction banking

Wednesday 23 September 2020 14:02 CET | News

US-based cloud payments and financial messaging service provider Volante Technologies and Goldman Sachs have announced a digital transaction banking service built entirely from scratch in the cloud.

Volante provides the payments technology for the bank’s service which launched recently. Volante has also become a client of the platform. The Goldman Sachs Transaction Banking Platform is designed for the bank’s corporate clients to use and for partners to connect to. The platform is fully API-enabled and incorporates analytics, liquidity management, virtual accounts, and payments. 

At the core of this platform is Volante’s cloud-native VolPay, providing unified end-to-end processing of domestic and international payments, including foreign exchange/FX, across US wires, ACH, SWIFT cross-border payments, and other payment rails, according to the official press release.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Goldman Sachs, Volante, cloud-based, digital transaction banking, Volante Technologies, cloud payments, financial messaging, payments technology, platform, Goldman Sachs Transaction Banking Platform, banks, corporate clients, partners, API, analytics, liquidity management, Virtual Accounts, VolPay, domestic payments, International Payments, FX , ACH, SWIFT, cross-border payments
Categories: Banking & Fintech | Online & Mobile Banking
Countries: World
This article is part of category

Banking & Fintech